CHPT, F, NVDIA, TSLA and more.

A ChargePoint site is located at the New Carrollton Branch Library in New Carrollton, MD.

Tom Williams | Cq-roll Call, Inc. | Getty Images

Check out some of the companies making big moves in premarket marketing:

ChargePoint – Shares of the electric vehicle charging station company jumped 5% in premarket trading after Bank of America upgraded the stock to buy. The Wall Street firm called ChargePoint a best-in-class way to play the EV charging theme, highlighting the company’s scale and diversity as key to sustainable growth.

Ford Motor Co. – Auto shares rose more than 2% after Jefferies upgraded the stock and said Auto has strong planning and management to help close the gap with rivals. The analyst raised the price target on the shares, showing that they can rally more than 30%

Tesla – shares gained 3% premarket. On Monday, Reuters reported that a private jet used by CEO Elon Musk had landed in China. Musk will meet with top Chinese officials and visit Tesla’s Shanghai factory, Reuters reported. Last Thursday, Tesla and Ford announced a partnership that will give Ford owners access to Tesla Superchargers.

Coinbase – Shares gained 4% in premarket trading. On Tuesday, Atlantic Equities upgraded Coinbase to Overweight from Neutral. Analyst Simon Klich maintained his price target of $70, which is up 23% from Friday’s close.

Nvidia — shares with a market value of nearly $1 trillion, rose 3.7 percent in premarket trading. The AI ​​semiconductor company is surging after its blockbuster earnings report last Wednesday. – AI stocks built on their post-Nvidia earnings, C3ai rose 8.7%. UiPath gained 6.4% and Palantir Technologies was ahead with 6.2%. reports its next quarterly results on Wednesday.

Advanced Micro Devices – Semiconductor stocks continued to rise after last week’s earnings from Nvidia. AMD rose 3.4%, Qualcomm rose 2% and Broadcom rose 1.8%. Intel gained 3 percent, initially down on Nvidia revenue.

Paramount Global – Media’s stock rose 2.4% on Tuesday morning, extending a nearly 6% gain since Friday. The company’s majority shareholder, National Entertainments, last week announced a $125 million preferred equity investment from BDT Capital Partners.

—CNBC’s Jesse Pound, Tanaya Mitchell and Yun Li contributed reporting.



Leave a Reply

Your email address will not be published. Required fields are marked *