Stocks are largely moving lower ahead of the opening bell Thursday as chip stocks pull back from recent highs, while oil prices fall are falling amid fresh developments in the Middle East; Broadcom shares are dropping despite positive results and guidance from the chipmaker; SpaceX yesterday revealed an IPO target price of $135 per share, which would raise about $75 billion and value the company around $1.75 trillion; CrowdStrike shares are slipping after the company beat estimates, following a record rally for the cybersecurity firm ahead of the report; Bitcoin is extending a recent slump to the lowest point since February, pulling other crypto stocks down with it.