Investing.com – U.S. stocks rose on Monday, at the start of a busy week that includes more key results as well as the closely watched monthly jobs report.
Here are some of the biggest premarket drivers for US stocks today:
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Apple (NASDAQ:) shares rose 0.4%, ahead of its results this week, and the tech giant is on track to be the first company to reach $4 trillion in market capitalization, according to Wedbush analysts.
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tesla (NASDAQ:) shares rose 0.8%, adding to Friday's gains, after CEO Elon Musk announced plans to increase vehicle sales by 30% next year, driven by a model new and cheaper and the enthusiasm for autonomous driving software.
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Exxon Mobile (NYSE:), Chevron (NYSE:) both fell more than 2% as oil prices fell about 6% given the reduction in geopolitical tensions in the Middle East.
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Trump media and technology (NASDAQ:) shares rose 6.9%, continuing the strong rally of recent weeks, fueled by investor bets on a possible Trump victory in the 2024 US presidential election.
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Global Foundries (NASDAQ:) shares fell 1% after Morgan Stanley downgraded its stance on the semiconductor manufacturing company to “equal weight” from “overweight,” citing expected pressure on wafer prices from competitors such as TSMC and Chinese foundries.
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Philips (NYSE:) ADRs fell 17% after the Dutch conglomerate posted a third-quarter revenue loss and a revised outlook, mainly due to weaker demand in China.
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Strike crowd (NASDAQ shares rose 0.1% even though Delta Air Lines (NYSE announced plans to sue the safety software company for $500 million in damages caused by mass airline cancellations.
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Robinhood (NASDAQ shares rose 2.6% after the trading platform announced the launch of US presidential election event contracts, allowing clients to trade based on their prediction for the close contest. career.
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