Check out the companies that make headlines in pre-market transactions. Tesla – After Barclays cut Tesla’s price targets, the electric car company pulled back more than 4%, citing “disturb” visibility into first quarter revenue. Netflix – Streaming Giant’s stock added 2% following the company’s first quarter revenue and revenue beat. Netflix also said there was no major impact from tariffs. On Monday, several Wall Street analysts increased their stock price targets. Amazon – E-commerce giant stocks are 1.7% lower after Raymond James surpassed strong purchases. The company also significantly reduced its price targets, citing headwinds have been linked to tariffs and concerns with Apple on the economic background. The company slipped almost 3% as it continues to fight against the uncertainty surrounding President Donald Trump’s tariffs. iPhone makers fell by more than 11% in April. ALPHABETT – The tech giant fell 1.4% after a federal judge last week determined that the alphabet held an illegal monopoly in the online advertising market. This is ahead of Google-Parent’s revenue results, which are scheduled to be released on Thursday. Spotify – Streaming Music Company rose 1% after an upgrade to outperform from Wolfe Research’s peer performance. The investment company said the move to diversify away from music should help widen margins. Hertz Global – Car rental companies have fallen nearly 10%, returning a sharp chunk of profits since last week. Hertz more than doubled last week after billionaire investor Bill Ackman revealed the company’s shares. Newmont – Gold Minor stocks climbed over 3% as precious metal climbed to a fresh high of over $3,400 per ounce. Vaneck Gold Miners ETF (GDX) also traded over 3%. – Reported by CNBC’s Jesse Pound, Alex Harring, Michelle Fox and Sarah Min. Get tickets for Pro Live Join us on the New York Stock Exchange! An uncertain market? Earn Edge with CNBC Pro Live, the first exclusive event on the historic New York Stock Exchange. Access to expert insights is paramount in today’s dynamic financial situation. As a CNBC Pro subscriber, we encourage you to take part in the first exclusive, in-person CNBC Pro live event held at the iconic NYSE on Thursday, June 12th. Join ProSCarter Worte, an interactive pro clinic led by Dan Niles and Dan Ives, along with a special edition of Pro Talks with Tom Lee. You will also get the opportunity to network with CNBC experts, talent and other pro subscribers during exciting cocktail hours on the legendary trading floor. Tickets are limited!
The biggest moves stock localities: TSLA, AAPL, AMZN, Spot
