By George Glover

This breakneck tech rally still has legs.

That was the obvious takeaway for investors in premarket trading Tuesday, as some of the market's best-loved stocks continued to rack up gains. Intel climbed 2.8%, Micron Technology jumped 6%, and Sandisk added 3.3% ahead of the opening bell.

Dell Technologies rose 4.2% in the run-up to the PC and server maker's earnings on Thursday. Satellite company EchoStar, which Wall Street sees as an easy way to get in on the looming SpaceX initial public offering, gained 4.6%.

These other stocks also were making moves in premarket trading:

Shares in oil companies were sliding as it appeared the the U.S. and Iran were close to agreeing to a deal to end the war in the Middle East. Chevron declined 1.2%, Exxon Mobil fell 1.4%, and ConocoPhillips dropped 1.8%.

Ferrari sank 3.1% after the Italian supercar maker unveiled its first-ever electric vehicle, the Luce. There's a lot riding on whether the EV can win over would-be buyers. The Prancing Horse expects 20% of its lineup to be electric by 2030.

Eli Lilly advanced 1.9% after the drugmaker received positive results from phase 1b clinical trials for a gene-editing treatment for high cholesterol.

Madison Square Garden Sports was up 3.1% after the New York Knicks swept the Cleveland Cavaliers to reach the NBA finals for the first time since 1999.

Write to George Glover at george.glover@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 26, 2026 07:07 ET (11:07 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.