Tiger Brokers

U.S. Stocks to Watch: Nvidia, TSMC, Boeing, Tesla, Netflix, BMNR, USA Rare Earth and More

Dow Jones
Oct 20

Stock futures traded higher Monday Stocks amid signs of easing trade tensions between the U.S. and China.

These stocks were poised to make moves Monday:

Crypto shares gained in premarket trading. Canaan Inc. up over 13%; Bitfarms Ltd. up 11%; BitMine Immersion Technologies Inc., Upexi, Inc. up around 6%; SharpLink Gaming up over 4%.

Rare earth stocks advanced in premarket trading. United States Antimony, NioCorp Developments Ltd. up 10%; USA Rare Earth Inc. up 5%; Energy Fuels up over 4%.

Nvidia rose 0.2% in premarket trading after the leading maker of artificial-intelligence chips on Friday unveiled the first Blackwell wafer produced in the U.S., made at Taiwan Semiconductor Manufacturing's facility in Phoenix. U.S.-listed shares of TSM gained 2.4%.

Boeing rose 1.3% in the premarket session. The aerospace giant will be allowed to increase production of its 737 MAX to 42 planes a month from 38, a cap that was put in place after an emergency door plug blew out of a 737 MAX 9 jet operated by Alaska Air in January 2024. Boeing delivered 387 MAX jets in 2023, before the door plug incident. It delivered 260 MAX jets in 2024 and is expected to deliver about 450 MAX jets this year.

Cooper jumped 6.2% in premarket trading following a report from The Wall Street Journal that said activist investor Jana Partners has built a stake in the company and plans to push for strategic alternatives, including a potential deal to combine Cooper's contact-lens unit with rival Bausch + Lomb. The Journal report cited people familiar with the matter. Bausch + Lomb CEO Brent Saunders told the Journal he would be interested in such a combination.

Netflix is scheduled to report third-quarter earnings after the closing bell Tuesday. Shares of the streaming company rose 1.3% on Friday and snapped a five-session losing streak. Coming into Monday, Netflix has risen nearly 35% this year, according to Dow Jones Market Data. The stock gained 0.2% in premarket trading.

Tesla Motors rose 1.1% in premarket trading. The electric-vehicle maker is scheduled to report third-quarter earnings after the markets close on Wednesday. Tesla gained 2.5% on Friday, shaking off a Sell rating from BNP Paribas Exane analyst James Picariello. The finished the past week up 6.2%. On Sunday, Wedbush analyst Dan Ives said "we are finally starting to see stable demand trends for Tesla" after what he called a "brutal few quarters." Ives rates Tesla shares a Buy with a $600 price target, the highest on Wall Street.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10