Apple, Moderna, Applied Materials fall premarket; Alibaba, Domino’s Pizza rise

Investing.com — US stock futures fell Friday, with the Wall Street indices on course for a losing week as the post-election rally starts to fizzle out.

Here are some of the biggest premarket US stock movers today:

Apple (NASDAQ:AAPL) stock fell 0.7% after Berkshire Hathaway (NYSE:BRKa) sold about a quarter of its stake in the iPhone maker, amounting to 100 million shares in the third quarter, a regulatory filing confirmed on Thursday.

Tesla (NASDAQ:TSLA) stock rose 0.7% after RBC Capital raised its price target on the EV manufacturer, citing growing confidence in the company’s autonomous vehicle (AV) ambitions and its operational advantages over legacy automakers.

Domino’s Pizza (NYSE:DPZ) stock soared 7.1% and Pool Corporation (NASDAQ:POOL) stock climbed 5.9% after Warren Buffett’s company took a stake in the fast food chain as well as the swimming pool supplier in the third-quarter, according to regulatory filings.

Alibaba (NYSE:BABA) ADRs rose 3% after the Chinese e-commerce giant reported better-than-expected third-quarter earnings, citing an acceleration in growth in its cloud business unit.

BioNTech (NASDAQ:BNTX), Moderna (NASDAQ:MRNA) and Novavax (NASDAQ:NVAX) all fell more than 2% after President-elect Donald Trump picked Robert F. Kennedy Jr., a vaccine skeptic, to lead the Department of Health and Human Services.

Applied Materials (NASDAQ:AMAT) stock fell 8.2% after its quarterly earnings missed some street expectations, with slowing revenue from China a key point of contention.

Palantir (NYSE:PLTR) stock rose 2.7% after the analytics software provider said it is shifting its listing to the Nasdaq from the New York Stock Exchange.