US equity futures were flat after the S&P 500 hit its 46th record high of 2024, with Nvidia Corp. leading gains among megacaps, having eased concerns about product delays and its long-term growth prospects.

These stocks made moves Tuesday:

Tesla - Tesla shares dropped 1.1% in premarket trading. The EV giant is still under pressure following ‘Cybercab’ unveiling.

Nvidia, AMD - US weighed capping exports of AI chips from Nvidia and AMD to some countries, people familiar with the matter said. Nvidia and AMD both fell more than 1% in premarket trading.

Chinese ADRs - Chinese ADRs fell in premarket trading as a raft of sluggish economic data underscored the urgency for Beijing to roll out fiscal stimulus to stabilise growth. Alibaba fell 4.6%; Bilibili fell 6.5%; JD.com fell 6.4%; Li Auto fell 4.9%; PDD Holdings fell 4.8%; NIO fell 4.2%; Baidu fell 3.7%; XPeng fell 3.5%; NetEase fell 3.4%.

Trump Media & Technology, Phunware - With just over three weeks to go until the Nov. 5 presidential election, shares of Trump Media & Technology Group Corp. and other Trump-linked stocks are continuing their recent rallies. Trump Media rose 11.1%, while Phunware rose 8.5%.

Ericsson - Sweden's Ericsson said on Tuesday the telecom equipment market is showing signs of improvement after reporting third-quarter core earnings and sales above expectations, helped by a rebound in demand for 5G gear in North America. Its shares jumped 7.3% in premarket trading.

Oil Stocks - Oil stocks dropped in premarket trading. Oil fell for a third session after a report that Israel may avoid targeting Iran’s crude infrastructure eased concerns over a major supply disruption, while the International Energy Agency projected a weak market next year. Exxon Mobil fell 2.5%; Chevron fell 2.1%; Shell fell 3.1%; Total SA fell 4.4%; BP fell 4.1%; Schlumberger fell 2.6%; Occidental fell 2.7%; Halliburton fell 2.8%; ConocoPhillips fell 2.4%.