Coinbase Global (COIN)
- The crypto exchange’s shares leapt roughly 7% in premarket trading amid ongoing Bitcoin fervor.
- Cryptocurrency recently traded above $59,000, a jump from around $42,500 at the start of February.
Beyond Meat (BYND)
- Shares surged around 50% premarket after the maker of plant-based meat substitutes announced cost-cutting measures to boost results, amid sliding sales.
UnitedHealth Group (UNH)
- Shares fell in thin premarket trading after the Justice Department launched an antitrust investigation into the owner of the biggest U.S. health insurer.
Nvidia (NVDA)
- Shares of the tech darling fell about 2% premarket, following a small decline Tuesday.
- Nvidia’s stock surged last week, pushing the chip maker’s market value briefly above $2 trillion.
Apple (AAPL)
- The tech behemoth has shifted focus from building an electric vehicle to investing in generative AI.
- Its stock edged lower ahead of the market open.
Earnings Reports Today
- TJX (TJX), owner of T.J. Maxx, and Advance Auto Parts (AAP) are set to post results ahead of the market open.
- Earnings due from AMC Entertainment (AMC), Salesforce (CRM), HP (HPQ), Snowflake (SNOW), and Paramount Global (PARA) this afternoon.