Goldman, Apple, Trump Media rise premarket; SolarEdge falls

Investing.com -- U.S. stock futures rose Monday, as investors digested the political turmoil over the weekend ahead of a speech by Fed chief Jerome Powell and more corporate results.

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

• Goldman Sachs (NYSE:GS) stock rose 0.8% after the investment bank reported a more than doubling of profit in the second quarter, bolstered by higher fees from debt underwriting and a strong performance in its fixed-income trading business.

• Apple (NASDAQ:AAPL) stock rose 2% after Morgan Stanley (NYSE:MS) raised its price target on the iPhone maker's shares to $273 from $216, and designated the stock as a "top pick," citing the company's AI efforts as a boost to device sales.

• Trump Media & Technology Group (NASDAQ:DJT) stock soared 47% following a dramatic weekend marked by what authorities are investigating as an assassination attempt on former U.S. President Donald Trump.

• AutoNation (NYSE:AN) stock fell 3% after the auto retailer said it expects a hit to its second-quarter profit due to the disruptions caused by a cyberattack at retail technology provider CDK in June.

• SolarEdge (NASDAQ:SEDG) stock fell 7.5% after the renewable energy firm said it would lay off 400 employees, of which 200 are in Israel, as it works to restore profitability and ensure financial stability.

• Cleveland-Cliffs (NYSE:CLF) stock fell 2.6% after the U.S. steelmaker announced plans to buy Canadian peer Stelco Holdings in a cash-and-stock deal valued at about $2.5 billion.

• BlackRock (NYSE:BLK) stock rose 0.4% after the assets managed by the world’s largest asset manager hit a record $10.65 trillion in the second quarter thanks to rising client asset values and as investors pumped money into the company's ETFs.