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Investing.com – Stocks in focus in premarket trade Friday:

• Anadarko Petroleum (NYSE:) stock surged 32.0% by 8:14 AM ET (12:14 GMT) after Chevron announced it would in cash and stock. Shares in Chevron (NYSE:) were off 3.8%.

• JP Morgan (NYSE:) stock jumped 2.8% after the company reported , beating .

• Walt Disney (NYSE:) stock rose 3.3% after the company announced the for its new streaming service. It has priced its offer below Netflix’s (NASDAQ:) basic fee. Netflix shares fell 1.1% on the news.

• Boeing (NYSE:) stock advanced 1.4% as Chief Executive Officer Dennis Muilenburg said that in 96 test flights.

Wells Fargo (NYSE:) stock traded up 2.1% as .

• Tesla (NASDAQ:) stock gained 0.2% after the company said it has for a lower-priced version of its Model 3 car.

• PNC Financial (NYSE:) stock inched up 0.1% as came in slightly above expectations and .

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