Investing.com — U.S. stock edged mainly higher Wednesday, continuing to rebound after breaking a three-day losing streak the previous session, helped by tech sector gains.

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

    • Nvidia (NASDAQ:) stock rose 2.4%, adding to the previous session’s hefty gains which propelled its market cap to $3.1 trillion and eased investor concerns that its key role in the AI revolution may be cooling.

    • Rivian (NASDAQ:) stock soared 36% after German auto giant Volkswagen (ETR:) announced a major investment plan in the American high-end electric truck group.

    • FedEx (NYSE:) stock rose 14% after the shipping giant revealed an upbeat outlook and unveiled plans for a $2.5 billion share buyback in its current financial year.

    • Blackstone (NYSE:) fell 0.3% after the private equity firm agreed to buy British hotel operator Village Hotels, part of a wider investor push into the hospitality sector as it outperforms the broader commercial property market.

    • Albemarle (NYSE:) stock rose 2.9% as the world’s largest lithium producer plans to hold more auctions for the metal used in EV batteries.

    • Whirlpool (NYSE:) stock rose 14% after Reuters reported that German engineering group Robert Bosch is weighing a bid for U.S. appliances manufacturer.

    • Robinhood (NASDAQ:) stock rose 2.9% after Wolfe Research upgraded its stance on the trading platform operator to “outperform” from “peer perform”, citing solid net deposits, “significant” operating leverage and “strong” free cash flow generation.

    • Chipotle (NYSE:) stock fell 0.5% after the burrito giant conducted a 50-for-1 stock split, the company’s first split ever and one of the largest in the history of the New York Stock Exchange.

    • Vista Outdoor (NYSE:) stock rose 10% after MCN Capital Partners raised its all-cash bid for the shooting sports company to $42 a share, or about $3.2 billion, from $39.50 previously.

    • Southwest Airlines (NYSE:) stock fell 5.5% after the carrier cut its second-quarter revenue forecast, citing uneven travel demand.

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