Premarket movers:
Mag7 stocks are all higher alongside index futures (Tesla +2.2%, Amazon +1.5%, Alphabet +1.2%, Apple +1.2%, Nvidia +0.9%, Meta +0.7%, Microsoft +0.6%).
Tesla (TSLA) is outperforming fellow Magnificent 7 stocks in premarket trading on Tuesday, rising 2.2%, after launching its much-anticipated driverless taxi service to a handful of riders.
Airline stocks around the world surged after President Donald Trump announced a ceasefire between Israel and Iran, spurring optimism over a potential easing of airspace disruptions in the Middle East.
Circle Internet Group Inc. shares (CRCL) fell 1.9% in premarket trading after the stablecoin issuer was initiated at Compass Point Research & Trading with a recommendation of neutral as competition is expected to increase after US stablecoin legislation was passed.
CommScope shares (COMM) are up 2.2% in premarket trading, after Deutsche Bank added the comm equipment company to its catalyst call buy list.
Crypto-linked stocks are rising on Tuesday with Bitcoin gaining as much as 2.2% amid broader market gains after Israel and Iran reached a ceasefire.
Energy stocks fall and airlines rise after a ceasefire announcement by President Donald Trump pointed to a potential reduction of tensions in the Middle East. Iran has yet to confirm publicly that it agreed to the ceasefire.
Lyft shares (LYFT) rise as much as 5.4% in premarket trading on Tuesday as TD Cowen raised to buy from hold citing multiple growth levers.
Mastercard (MA +2.7%) deepens its partnership with Fiserv (FI +4.4%) to integrate its new FIUSD token across a range of Mastercard products and services, expanding stablecoin adoption and utility for their shared customers around the world.
NextDecade Corp. (NEXT) gains 4.6% premarket after TD Cowen analyst Jason Gabelman raised the recommendation to buy from hold, citing the expectation of final investment decisions in favor of two new liquefaction trains at the Rio Grande liquefied natural gas project in Texas.
Teladoc Health shares (TDOC) rise 5.2% in premarket trading on Tuesday, putting stock on track to extend gains after Citron Research said the market is underestimating the value of the virtual health-care platform.
Uber Technologies Inc. (UBER) rose 3.5% on Tuesday as it’s set to begin offering its customers driverless Waymo rides in Atlanta, making it the second market, after Austin, where the two companies are teaming up instead of competing against each other.
(source BBG)
Show original81.63K
143
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.