Check out the companies making headlines before the bell. Nvidia — Shares rose 2.5% after the company announced new gaming chips for PCs powered by Blackwell technology at CES in Las Vegas. Getty Images, Shutterstock — Shares of the two image databases soared after the companies announced a $3.7 billion merger. Getty rose 45% and Shutterstock rose 24%. The new company will retain the Getty name. Tesla — The electric car company fell 2% after Bank of America downgraded the stock from buy to neutral, citing execution risk and high valuation. Carvana — The online telemarketing platform surged 3.8% following an RBC upgrade, outperforming the sector. RBC said the recent pullback is creating a buying opportunity for investors. Aurora Innovation — Shares rose 37% after the self-driving technology company announced a partnership with Nvidia and Continental to deploy self-driving trucks. Inari Medical — Shares soared 21% after Stryker announced plans to buy the medical device maker for about $4.9 billion, or $80 per share in cash. Stryker shares fell nearly 2%. FuboTV — Shares rose 2% a day after surging 251% on news that Disney would merge its Hulu + Live TV service with Fubo. Disney will own 70% of the company, and Fubo will own 30%. Micron Technology — The chipmaker soared 3.7%, adding to gains from the previous session, when Micron Technology closed 10% higher. The move comes after NVIDIA CEO Jensen Huang said in his CES 2025 keynote that the company is sourcing “G7 memory from Micron” for its new AI-powered graphics processing units. Ulta Beauty — The beauty retailer’s stock price rose pre-market after the company announced the departure of CEO Dave Kimbell, who will be replaced by Chief Operating Officer Kecia Steelman. Increased by 1%. Ulta also raised its outlook, saying its operating profit margin for the fourth quarter is now expected to be above the high end of its previously expected range. Uber Technologies – Shares rose more than 2% after the company announced a partnership with artificial intelligence chip giant Nvidia to develop AI-powered self-driving technology. Uber also announced that it will work with Bank of America to repurchase $1.5 billion of its common stock through an accelerated share repurchase program. — CNBC’s Yun Lee, Alex Harring, Jesse Pound, Sean Conlon, Michelle Fox and Sarah Ming contributed reporting
Stocks making the biggest moves pre-market: NVDA, GETY, TSLA
By NvidiaDaily
