Volkswagen Injects $5 Billion into Rivian, Sending Shares Soaring 40% Pre-market

Bengaluru, India – In a major boost to Rivian Automotive, the electric vehicle startup saw a remarkable 40% surge in premarket trading following a substantial $5 billion investment from Volkswagen. This investment is set to provide Rivian with the necessary resources to introduce new models and remain competitive in the ever-evolving electric vehicle market. The partnership with Volkswagen will not only help Rivian strengthen its financial position but also move the company closer to profitability …

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Nvidia Stock Rises Over 2% in Pre-Market Trading, Reversing Recent Trend of Plummeting Market Cap – What Happens Next?

Santa Clara, California – Nvidia’s stock rose by over 2% in pre-market trading on Wednesday, bouncing back from a recent three-day slide that wiped out approximately $430 billion from the AI chip giant’s market capitalization. The rebound followed a surge of more than 6% on Tuesday, closing at $126.09 per share after a decline of nearly 13% in the previous three sessions as investors shifted away from the popular AI stock of the year. A …

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Darden Beats Wall Street Estimates, Shares Rise 2% in PreMarket – What’s Next for Olive Garden and LongHorn Steakhouse?

New York, NY – A leading restaurant chain, Darden, reported a positive quarter performance, with shares rising over 2% in premarket trading. The company’s fiscal fourth-quarter results exceeded Wall Street’s expectations, showcasing adjusted earnings per share of $2.65 compared to the $2.61 anticipated. However, revenue slightly missed projections at $2.96 billion versus the expected $2.97 billion. Despite a dip in net income from the previous year, Darden saw a significant increase in net sales, driven …

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GameStop Plummets 17% Pre-market: Plans to Sell Securities and Sees Sales Decline – What’s Next for the Video Game Retailer?

Plano, Texas – GameStop shares took a significant hit in premarket trading on Friday following the announcement from the video game retailer about its plans to sell securities and the release of preliminary first-quarter results showing a decline in sales. The company reported that it anticipates net sales for the quarter to be between $872 million and $892 million, a drop from the $1.237 billion reported in the same period last year. This is below …

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Meme Stock Frenzy Fizzles: GameStop and AMC Shares Plummet in PreMarket Trading!

Chicago, Illinois – Shares of GameStop and AMC fell in premarket trading on Wednesday as the meme stock trading frenzy began to show signs of slowing down. GameStop, a brick-and-mortar video game retailer, saw a 13% drop in premarket trading, while AMC, a movie theatre chain, experienced a 12% decrease. Prior to this decline, GameStop and AMC had seen impressive gains of 179% and 135% respectively earlier in the week. The sell-off in AMC shares …

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Paramount Skyrockets 5% in Premarket Amid CEO Shakeup Rumors!

New York, New York – Shares of Paramount surged 5% in premarket trading, following reports that the entertainment company’s board is considering dismissing CEO Bob Bakish. Tesla also saw a significant jump of more than 10% after local Chinese authorities removed restrictions on its cars, boosting investor confidence in the electric vehicle maker’s prospects in the Chinese market. Similarly, Domino’s Pizza experienced a more than 5% increase in its stock price after reporting better-than-expected first-quarter …

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Inflation Report Sparks Wall Street Panic: Dow Jones, S&P 500, and Nasdaq Fall Pre-Market

New York City, NY – Stock futures took a dip Thursday morning as investors awaited the release of a crucial inflation report. The Dow Jones Industrial Average futures fell by 0.2%, trading 87 points lower, while S&P 500 futures and Nasdaq-100 futures both dropped by the same percentage. The producer price index for March is expected to be released at 8:30 a.m. ET, with economists forecasting a 0.3% increase in wholesale prices for the month, …

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Nvidia Stock Weakens in Pre-Market: Key Reversal Day Signals Unwind of AI Trade

Investors eagerly watch Nvidia’s stock performance, as it weakens in pre-market trading after a notable intraday reversal last Friday. The tech giant’s movements are drawing attention due to the impact it could have on the broader market, especially with upcoming macro data and earnings releases shaping the week ahead. Analysts are closely observing the semiconductor industry as a whole, with many highlighting Nvidia’s significance in the sector. Following the abrupt shift in Nvidia’s stock price …

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Stocks to Watch: Nvidia, Moderna, and More Surge in Premarket Trading – Find Out Which Companies are Making Big Moves Before the Bell!

New York, NY – Wall Street saw significant premarket movement from several companies after the release of their earnings reports. Nvidia led the surge with a 13% increase after their earnings announcement beat expectations, driven by the artificial intelligence boom. Moderna also experienced a rise of more than 5% following their fourth-quarter revenue report, surpassing analysts’ forecasts. On the other hand, luxury electric vehicle company Lucid saw a dip of more than 7% after missing …

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