These stocks were poised to make moves Monday:
Nvidia
NVDA
-3.26%
, the maker of artificial-intelligence chips, is scheduled to report third-quarter earnings on Wednesday after the stock market closes. While investors will be, of course, focused on Nvidia’s profit and revenue figures, they also will be primed to learn how quickly the company can ramp up sales of its Blackwell AI chips. Nvidia shares were down 2.7% in premarket trading.
The deadline for Super Micro Computer
SMCI
+3.16%
to get approval from the Nasdaq exchange on how it plans to regain compliance with listing requirements is Monday. A source familiar with the matter told Barron’s that the server maker intends to submit a plan to regain compliance by the deadline. The stock has fallen 35% this year. It reached its 2024 closing high on March 13, when it was up 318% for the year. Shares rose 11% in premarket trading.
Tesla
TSLA
+3.07%
jumped 8.1% following a report from Bloomberg that said President-elect Donald Trump will seek to create a federal framework for self-driving cars. A federal framework could make it easier to obtain self-driving licenses and allow autonomous cars to drive across state lines. “This would be a huge step forward in easing U.S. rules … and be a significant tailwind for Tesla’s autonomous and AI vision heading into 2025,” wrote Wedbush analyst Dan Ives in a report.
Netflix slipped 0.2% in premarket trading after the streaming service said its airing of the much-hyped boxing match between YouTuber Jake Paul and former heavyweight champion Mike Tyson drew 60 million households worldwide, with a high of 65 million concurrent streams. The event wasn’t without issues, with reports of technical issues widespread among many viewers that could complicate the service’s plans to expand its live sports offerings.
Lifeway Foods received a new buyout offer from Danone at a higher price than a previous offer from the food and beverage company that was rejected. Lifeway said its board would evaluate Danone’s offer to buy all of the company’s shares that it didn’t already own for about $307 million, or $27 a share, in cash. Shares of Lifeway, the Illinois-based maker of probiotic foods, rose 4%.
Earnings reports are expected Monday from Trip.com Group and Symbotic.
Nvidia
NVDA
-3.26%
, the maker of artificial-intelligence chips, is scheduled to report third-quarter earnings on Wednesday after the stock market closes. While investors will be, of course, focused on Nvidia’s profit and revenue figures, they also will be primed to learn how quickly the company can ramp up sales of its Blackwell AI chips. Nvidia shares were down 2.7% in premarket trading.
The deadline for Super Micro Computer
SMCI
+3.16%
to get approval from the Nasdaq exchange on how it plans to regain compliance with listing requirements is Monday. A source familiar with the matter told Barron’s that the server maker intends to submit a plan to regain compliance by the deadline. The stock has fallen 35% this year. It reached its 2024 closing high on March 13, when it was up 318% for the year. Shares rose 11% in premarket trading.
Tesla
TSLA
+3.07%
jumped 8.1% following a report from Bloomberg that said President-elect Donald Trump will seek to create a federal framework for self-driving cars. A federal framework could make it easier to obtain self-driving licenses and allow autonomous cars to drive across state lines. “This would be a huge step forward in easing U.S. rules … and be a significant tailwind for Tesla’s autonomous and AI vision heading into 2025,” wrote Wedbush analyst Dan Ives in a report.
Netflix slipped 0.2% in premarket trading after the streaming service said its airing of the much-hyped boxing match between YouTuber Jake Paul and former heavyweight champion Mike Tyson drew 60 million households worldwide, with a high of 65 million concurrent streams. The event wasn’t without issues, with reports of technical issues widespread among many viewers that could complicate the service’s plans to expand its live sports offerings.
Lifeway Foods received a new buyout offer from Danone at a higher price than a previous offer from the food and beverage company that was rejected. Lifeway said its board would evaluate Danone’s offer to buy all of the company’s shares that it didn’t already own for about $307 million, or $27 a share, in cash. Shares of Lifeway, the Illinois-based maker of probiotic foods, rose 4%.
Earnings reports are expected Monday from Trip.com Group and Symbotic.