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BUZZ-U.S. STOCKS ON THE MOVE-Netflix, IBM, eBay, Alcoa, United Rentals

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Wall Street’s main indexes were set for a flat open on Thursday as investors awaited more developments around trade, while Netflix posted a surprise drop in U.S. subscribers, kicking off earnings for the FAANG group of stocks on a sour note.

At 8:52 a.m. ET, Dow e-minis were down 0.16% at 27,188. S&P 500 e-minis were down 0.03% at 2,984.25, while Nasdaq 100 e-minis were down 0.07% at 7,879.75. The top three NYSE percentage gainers premarket: ** Novartis AG, up 5.1% ** Amira Nature Food Ltd, up 4.6% ** SM Energy Co, up 4.3% The top three NYSE percentage losers premarket: ** Farfetch Ltd, down 14.6% ** United Rentals Inc, down 6.3% The top three Nasdaq percentage gainers premarket: ** Co-Diagnostics Inc, up 105.6% ** Outlook Therapeutics Inc, up 15.9% ** Torchlight Energy Resources Inc, up 15.6% The top three Nasdaq percentage losers premarket: ** American Electric Technologies Inc, down 34.3% ** Taronis Technologies Inc, down 29.2% ** Akerna Corp, down 18.6% ** Netflix Inc: down 10.6% premarket BUZZ-Street View: Netflix’s Q2 subscriber loss not a strange thing at all ** Amarin Corporation plc: down 7.5% premarket BUZZ-Falls on planned $400 mln stock deal to fund heart drug ** International Business Machines Corp: down 1.0% premarket BUZZ-Street View: Healthy outlook, robust cloud & digital demand for IBM ** EBay Inc: up 5.0% premarket BUZZ-Street View: Investors confident in eBay’s $1 bln ad revenue target ** Alcoa Corp: down 3.2% premarket BUZZ-JP Morgan cuts PT on higher net debt ** Co-Diagnostics Inc: up 105.6% premarket BUZZ-Shares double as cancer detection test shows positive results ** New York Mortgage Trust: down 2.7% premarket BUZZ-REITs New York Mortgage, Ellington Financial down on stock offerings ** Qualcomm Inc: down 0.9% premarket BUZZ-Dips after EU Commission’s $272 mln antitrust penalty ** Advanced Micro Devices Inc: down 1.0% premarket BUZZ-AMD falls as Mizuho cuts rating on limited upside in H2 ** Interpace Diagnostics Group Inc: up 6.3% premarket BUZZ-Up on deal to develop thyroid-related diagnostic products ** Treehouse Foods Inc: up 1.7% premarket BUZZ-BMO climbs back, upgrades to ‘outperform’ ** United Rentals Inc: down 6.3% premarket BUZZ-United Rentals falls after playing down forecast ** Aurora Cannabis: down 1.5% premarket BUZZ-Dips on report of BofA downgrade ** Acasti Pharma Inc: up 8.8% premarket BUZZ-Up after another brokerage starts with bullish rating ** CTI Biopharma Corp: up 15.3% premarket BUZZ-Shares jump as late-stage trial to begin in Q3 ** Outlook Therapeutics: up 15.9% premarket BUZZ-Rises as H.C.Wainwright starts with ‘buy’ ** Moleculin Biotech Inc: up 4.1% premarket BUZZ-Surges on positive early data from cancer drug trial ** Akerna Corp: down 9.9% premarket BUZZ-Falls after top shareholders plan to sell stake ** Amira Nature Foods Ltd: up 4.6% premarket BUZZ-Rises after winning $18 mln contract (Compiled by C Nivedita in Bengaluru)