Premarket Movers | Alibaba up 4%; Atkore jumps 25%; BMY up 6%; AZN down 6%; PLTR up 2%

Tiger Newspress

Aug 03

China's Alibaba on Monday unveiled what it said is its largest and most ‌capable artificial-intelligence model, the Qwen3.8-Max, which is not far behind in size when compared with an offering from domestic rival Moonshot AI launched last month. Alibaba up 4%.

Italian cable maker Prysmian PRY.MI said on Monday it agreed to acquire U.S.-based electrical products maker Atkore ATKR.N for $95 per share in cash, giving the company an implied enterprise value of around $3.8 billion. Atkore shares soared 25% in premarket trading.

AstraZeneca PLC and Bristol-Myers Squibb held preliminary discussions about a possible combination that would create one of the world's biggest pharmaceutical companies with a combined value of nearly $400 billion, according to a person familiar ‌with the situation. Bristol-Myers Squibb up 6% while AstraZeneca PLC down 6%.

Palantir Technologies Inc. rose 2%. The company is slated to report quarterly results today.

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The company is slated to report quarterly results today.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b7e0346cf87d1be53abaa2dcc7679fdc\" data-align=\"center\" tg-width=\"540\" tg-height=\"159\"/><span></span></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Premarket Movers | Alibaba up 4%; Atkore jumps 25%; BMY up 6%; AZN down 6%; PLTR up 2%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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AZN down 6%; PLTR up 2%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2026-08-03 16:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">China&#39;s Alibaba on Monday unveiled what it said is its largest and most ‌capable artificial-intelligence model, the Qwen3.8-Max, which is not far behind in size when compared with an offering from domestic rival Moonshot AI launched last month. <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> up 4%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9cf24fd9f3839a0359caa66f932b03a4\" data-align=\"center\" tg-width=\"540\" tg-height=\"153\"/><span></span></p><p style=\"text-align: left;\">Italian cable maker Prysmian PRY.MI said on Monday it agreed to acquire U.S.-based electrical products maker Atkore ATKR.N for $95 per share in cash, giving the company an implied enterprise value of around $3.8 billion. <a href=\"https://laohu8.com/S/ATKR\">Atkore</a> shares soared 25% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/be786e0fc1e339ea3441a3d446ea3033\" data-align=\"center\" tg-width=\"544\" tg-height=\"162\"/><span></span></p><p style=\"text-align: left;\"><a href=\"https://laohu8.com/S/AZN\">AstraZeneca PLC</a> and <a href=\"https://laohu8.com/S/BMY\">Bristol-Myers Squibb</a> held preliminary discussions about a possible combination that would create one of the world&#39;s biggest pharmaceutical companies with a combined value of nearly $400 billion, according to a person familiar ‌with the situation. <a href=\"https://laohu8.com/S/BMY\">Bristol-Myers Squibb</a> up 6% while <a href=\"https://laohu8.com/S/AZN\">AstraZeneca PLC</a> down 6%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f42b75a4b31826b12ad2d45078f2945c\" data-align=\"center\" tg-width=\"538\" tg-height=\"152\"/><span></span></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/46f7ad9355fc34abf61403c35f9bf70e\" data-align=\"center\" tg-width=\"540\" tg-height=\"160\"/><span></span></p><p style=\"text-align: left;\"><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> rose 2%. 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Alibaba up 4%.Italian cable maker Prysmian PRY.MI said on Monday it agreed to acquire U.S.-based electrical products maker Atkore ATKR.N for $95 per share in cash, giving the company an implied enterprise value of around $3.8 billion. Atkore shares soared 25% in premarket trading.AstraZeneca PLC and Bristol-Myers Squibb held preliminary discussions about a possible combination that would create one of the world's biggest pharmaceutical companies with a combined value of nearly $400 billion, according to a person familiar ‌with the situation. Bristol-Myers Squibb up 6% while AstraZeneca PLC down 6%.Palantir Technologies Inc. rose 2%. The company is slated to report quarterly results today.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}