By WSJ Staff

Apple $(AAPL)$: Shares fell premarket after President Trump said he had upbraided CEO Tim Cook for exporting iPhones to the U.S. from India. "They're going to be upping their production in the United States, Apple," Trump said.

UnitedHealth $(UNH)$: The Wall Street Journal reported that the Justice Department is investigating the insurance and healthcare group for possible criminal Medicare fraud. Shares fell 6% before the bell. Unlike when the stock slumped earlier in the week, competitors Humana $(HUM)$ and CVS Health $(CVS)$ were spared premarket Thursday.

Foot Locker $(FL)$ shares surged more than 65% after the Journal reported the company was in talks to be bought by Dick's Sporting Goods $(DKS)$. Shares in Dick's dropped premarket.

Birkenstock $(BIRK)$: The German shoe brand lifted its full-year earnings target. Shares, which are listed in New York, rose premarket.

Cisco Systems $(CSCO)$: The communications company raised its sales outlook after beating analyst estimates for profit and sales in its latest quarter.

Walmart $(WMT)$ and Deere (DE) are due to report earnings before the bell followed by Applied Materials $(AMAT)$ after the close.

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(END) Dow Jones Newswires

May 15, 2025 06:02 ET (10:02 GMT)

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