Investing.com – U.S. stocks traded slightly lower on Wednesday, ahead of the release of the long-awaited minutes of the Federal Reserve's latest policy meeting.
Here are some of the biggest premarket drivers for US stocks today:
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Aim (NYSE:) shares fell 7.6% after the retailer forecast comparable sales for the current quarter and earnings well below expectations after weak discretionary spending hit its first-quarter results.
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NVIDIA (NASDAQ:) shares fell 0.1%, stabilizing ahead of the tech giant's quarterly earnings after rising more than 3% over the past two days.
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urban providers (NASDAQ:) shares rose more than 1.7% after the clothing retailer beat expectations in terms of revenue and results in its latest quarter.
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Toll Brothers (NYSE:) shares rose 1.1% after the homebuilder raised its full-year delivery guidance as it reported stronger-than-expected orders and buyers flocked to newly built homes.
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Lululemon Athletica (NASDAQ shares fell 3.9% after the sportswear retailer announced the departure of chief product officer Sun Choe.
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amazon (NASDAQ:) shares fell 0.3% after the tech giant announced that its cloud computing unit AWS will invest around $17 billion in data centers in northern Spain, significantly boosting its plan to expansion in the country.
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ViaSat (NASDAQ:) shares fell 11% after the communications company's quarterly net loss widened to $90 million, up from $62 million in the same period last year.
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PDD Holdings (NASDAQ shares rose 7.3% after the company beat first-quarter revenue estimates, driven by strong adoption of its international shopping site, Temu, and as a Chinese domestic discount e-commerce platform. Pinduoduo (NASDAQ:) attracted more price-conscious customers.
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Analog devices (NASDAQ shares rose 6.4% after semiconductors forecast third-quarter revenue above expectations, helped by a surge in demand for its automotive and industrial chips after a prolonged decline.
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