Investing.com — US stock edged higher Friday, continuing the post-election rally after Donald Trump won the US presidency and the Federal Reserve cut interest rates.
Here are some of the biggest premarket US stock movers today:
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Airbnb (NASDAQ:) stock fell 5.1% after the online holiday rental platform saw profit fall in the third quarter, though revenue marginally exceeded expectations.
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Block (NYSE:) stock fell 2.9% after the fintech firm reported third-quarter revenue below expectations on Thursday, signaling softer consumer spending and overshadowing a profit beat that was powered by disciplined expense management.
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Rivian (NASDAQ:) stock rose 1.2% after the EV manufacturer confirmed its road to profitability, despite a difficult environment of falling EV demand and parts shortages that are cutting into production.
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Taiwan Semiconductor Manufacturing (NYSE:) stock rose 1.4% after the world’s biggest contract chipmaker reported healthy sales in October, up 24.8% from the…