Tesla, Intel And Coinbase Rise premarket; Apple Falls

U.S. futures traded largely unchanged Wednesday, stabilizing after recent gains during the last trading week of what has been a positive year.

Here are some of the biggest premarket U.S. stock movers today:

• Tesla stock rose 0.4% with Bloomberg reporting that the electric car maker is preparing to launch a revamped version of its Model Y from its Shanghai plant.

• Intel stock rose 0.6% after Israel’s government agreed to give the tech giant a $3.2 billion grant for a new $25 billion chip plant it plans to build in southern Israel, in what would be the largest investment ever by a company in Israel.

• Apple stock fell 0.1% after Bloomberg reported that executive Tang Tan, who led design for the iPhone and Apple Watch, is set to join LoveFrom, a new artificial intelligence hardware project.

• Coherus BioSciences stock soared over 35% after the U.S. FDA approved a new delivery service for its post-chemotherapy treatment.

• Toyota ADRs rose 0.4% after data showed the world’s largest auto maker’s global production jumped 11% in November to a record level, bouncing back from last year’s supply chain disruptions.

• Coinbase stock rose 2.5% with the cryptocurrency exchange benefiting from the bounce in bitcoin, the most widely used digital currency.

• Bit Digital stock rose 5% as the U.S.-based bitcoin miner plans to double its mining operating fleet to about 6.0 ether per second in 2024.

Tesla, Intel and Coinbase rise premarket; Apple falls