21 Mins Ago
Tesla pops on stronger-than-expected delivery numbers
Tesla shares jumped 4% after the electric vehicle company posted stronger-than-expected delivery numbers for the second quarter.
Deliveries for the period came in at 440,000, topping an analyst estimate of 436,000. Tesla said it produced 411,000 vehicles.
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Tesla gains on strong delivery numbers
An Hour Ago
Stocks making the biggest moves premarket
Check out some of the companies making headlines in premarket trading.
- Tesla – The electric vehicle stock declined 1.5% before the bell, following a 6% jump during Monday’s session as the company is slated to report second-quarter delivery numbers Tuesday morning.
- Atlassian Corporation — Shares advanced nearly 2% following an upgrade to overweight from Piper Sandler. Analyst Rob Owens opined that as consumers migrate their data to the cloud, the software stock could find growth. Owens added that the stock’s current price is an attractive entry point for investors.
- Paramount Global — Stock in the legacy media company climbed more than 3% following news that its streaming arm was in talks with several companies concerning a potential merger. One of the parties involved is Warner Bros Discovery and would potentially see Paramount+ merge with Max, CNBC previously reported.
Read the full list here.
— Brian Evans
3 Hours Ago
Paramount shares rise on news media giant is looking for a streaming partner
Shares of Paramount Global were up nearly 4% in the premarket. CNBC reported Monday that the company is holding talks with other shops about merging its Paramount+ streaming service with another platform. One of the companies interested in such a move is Warner Bros. Discover, according to people familiar with the matter.
14 Hours Ago
May JOLTS report set to release Tuesday
The May job openings and labor turnover survey is set to release Tuesday morning. Economists polled by Dow Jones anticipate the number of job openings last month to have fallen to 7.9 million, down from 8.1 million in April.
The data is due out 10 a.m. ET.
— Sarah Min
15 Hours Ago
Stock futures open flat
Stock futures opened little changed Monday night.
Dow Jones Industrial Average futures fell 9 points, or 0.02%. S&P 500 futures and Nasdaq 100 futures dipped 0.01% and 0.02%, respectively.
— Sarah Min