Examine the businesses that are making the greatest moves prior to the bell. Activision Blizzard — The video game maker rose by 4% after Microsoft and Sony inked an agreement to keep Call of Duty on Sony's PlayStation gaming platforms in light of Microsoft's acquisition of Activision Blizzard.Associated investing newsHere are Monday's main analyst calls: Apple, Pepsi, Yelp, Chewy, Netflix, Nvidia, Tesla, Meta and moreMichael Bloom2 hours agoChewy — The share value climbed more than 5% subsequent to Goldman Sachs enhancing them to buy from neutral. The firm said the e-commerce pet products organisation possesses an attractive risk/reward profile and could witness margins increasing.PepsiCo — The drinks company plunged 1.2% after a downgrade by Morgan Stanley to equal weight from overweight. Pepsi's strong earnings report and potential upside are now incorporated into the stock, leading to limited upside ahead, Morgan Stanley commented.Yelp — The share value shot up 3.6% after being upgraded by Goldman Sachs to buy from neutral. The Wall Street bank also raised its price target to $47, implying 23.3% upside from Friday's close. Goldman mentioned ascending advertising trends, extra margin opportunity and amplified shareholder returns in the years to come for the call.Tesla — The electric-vehicle maker went up by almost 2% in the premarket. On Saturday, the firm declared it had constructed its first cybertruck after two years of delays.Paramount Global — The entertainment company's shares dropped 2.8% in premarket trading after the newest installment in the "Mission: Impossible" franchise came up short of expectations at the box office. The movie brought in $56.2 million domestically over the weekend — which was smaller than the preceding movie in the franchise — and $80 million over its first five days of release, as per Variety.AT&T — The share value declined by 1.5% following a downgrade by Citi to neutral from buy. The Wall Street firm said the industry's traditional use of cabling sheathed in lead would place a burden on the business for at least a couple of months or possibly longer.State Street — The financial giant dropped by approximately 2% in premarket trading. The stock was downgraded by JPMorgan to underweight from neutral following State Street's earnings release Friday. State Street's second-quarter revenue missed estimates, driving shares 12.1% lower Friday.Figs — The apparel company's shares went down 4.6% in premarket trading after Raymond James downgraded Figs to market perform from outperform. A slowing economy and the resumption of student loan payments could hamper Figs' expansion in the near future, as per Raymond James.— CNBC's Jesse Pound, Hakyung Kim and Michael Bloom gave reporting.
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