By Katy Barnato
MP Materials (MP): Shares in the rare-earth metals producer, in which the Pentagon recently took a stake, jumped 10% in premarket trading. The stock rallied on Thursday and Friday after China tightened rare-earth export controls.
Nvidia (NVDA), AMD $(AMD)$, On Semiconductor $(ON)$: U.S. chip stocks looked set to rebound after President Trump struck a more conciliatory tone on China. They skidded on Friday in response to resurgent trade tensions.
Tesla $(TSLA)$, Amazon (AMZN): Shares in the two companies rallied before the bell, as did other "Magnificent Seven" tech stocks.
Warner Bros Discovery: David Ellison, the CEO of Paramount Skydance $(PSKY)$ is making a play to buy all of Warner before the media conglomerate splits. Ellison is considering taking the offer directly to shareholders after an earlier approach was rebuffed.
Robinhood (HOOD), Strategy (MSTR): Crypto-sensitive stocks rose ahead of the open, tracking a rebound in bitcoin prices.
AstraZeneca (UK:AZN, AZN): The U.K.-based company struck a medication-pricing deal with the Trump administration, the latest drugmaker to do so after Pfizer $(PFE)$.
Alibaba (HK:9988, BABA): Hong Kong-listed technology stocks dropped, tracking U.S. declines from Friday despite Trump softening his rhetoric. Shares in chip companies like SMIC (HK:981) were the exception, gaining on hopes that Beijing will nurture its homegrown industry.
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(END) Dow Jones Newswires
October 13, 2025 05:33 ET (09:33 GMT)
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