Here are the key stocks that saw significant moves in pre-market trading:
McDonald's (MCD): The fast food giant saw its shares rise 2% before the market opened, led by solid quarterly earnings that beat analysts' expectations.
Tesla (TSLA): Tesla shares jumped 3.5% in premarket trading after announcing record vehicle deliveries for the quarter, beating Wall Street projections.
Stellantis (STLA): Stellantis shares rose 1.8% after the company reported better-than-expected sales figures, boosted by strong demand for electric vehicles.
Other noteworthy movers:
- Apple (AAPL): Apple shares rose 1.2% after analysts raised their price target, citing robust iPhone sales.
- Amazon (AMZN): Amazon shares rose 2.7% on news that it was expanding its grocery delivery services.
- Microsoft (MSFT): Microsoft's stock price rose 1.5% following the announcement of a new cloud computing partnership.
