Meta Soars as Apple Ad Spend Boosts Tech Stocks

The premarket session is seeing significant moves in several major stocks.

Meta Platforms is up over 3.5% after a report suggested Apple may increase its spending on ads, benefiting Meta's business model.

United Airlines shares are declining by around 2% following the airline's announcement of a quarterly loss due to increased fuel costs and a decline in demand.

Nvidia is experiencing a 1.5% drop after a report predicted a slowdown in the demand for its graphics processing units, impacting the company's revenue.