Check out the companies that make headlines before the bell. ECHOSTAR – Telecommunications stock has skyrocketed 66% after AT&T said it would purchase a wireless spectrum license from Echostar for $23 billion. AT&T said the deal should close in mid-2026. AT&T’s stock was less than 1% in its last transaction. Eli Lilly – The Pharma giant rose 2% after the company’s weight loss pill Orforglipron cleared another late trial. High doses of the pill helped patients lose 10.5% of their body weight in an average of 72 weeks, compared to just 2.2% weight loss in the placebo group. Canada Goose, VF Corporation, Rocky Brand – All retail stocks have been traded after being upgraded to Baird’s Outperform. Canada’s Goose popped nearly 6%, while VF Corp and Rocky brands added about 3% each. Advanced Micro Devices – Semiconductor inventory has increased by 2% after an upgrade to purchase from holds in Trust. Analyst William Stein noted that hyperscale customers are increasingly partnering with the company and “expressing genuine interest in deploying AMD at scale.” OKLO – Shares have risen nearly 3% after Bank of America launched with a buy rating on nuclear technology companies. Analyst Dimple Gossay said nuclear is an industry that is regaining momentum and Okro appears particularly visible as “it’s suitable to meet the rising energy needs of AI.” Following the announcement that it will replace the S&P 500 Alliance of the International Brokerage Group – Brakreens Boots Alliance, Brakerage Stock added 4%. BankofAmerica has stakes of 2% after downgrading Alcoholic Beverage Producer to a poorly performed rating from Neutral. The bank said that constellations’ sales and margins could be undermined by further negative possibilities in the consumption of the beer industry. -CNBC’s Alex Harring and Fred Imbert contributed to the report.
The biggest moves stock localities: SATS, LLY, AMD
