TSLA, NVDA, HOOD, LBRT and more
Check out the companies making headlines before the bell. Tesla — The electric vehicle maker jumped 6% after Bloomberg News reported that President-elect Donald Trump’s transition team is planning to make a national regulatory framework for self-driving vehicles a top priority for the U.S. Transportation Department. Spirit Airlines — Shares of the struggling airline were halted on Monday after the company filed for bankruptcy protection . The stock is down more than 90% year to date and closed at just $1.08 per share on Friday. The stock rose 2.8% when trading resumed. Liberty Energy , Oklo — Shares of Liberty Energy rose 5% after Trump picked CEO Chris Wright as energy secretary . Shares of nuclear startup Oklo, where Wright also serves as a board member, also surged almost 9%. Roku — Shares popped 3.1% after Baird upgraded the streaming stock to outperform from neutral. After a large drop this year, Baird said investors are “overlooking” long-term potential and shifts in the business backdrop. Nvidia — The chipmaking stock fell 3% on a report from The Information that its Blackwell AI chip has overheating issues, raising concerns about delays to customers. Nvidia is slated to report its quarterly earnings on Wednesday. Super Micro Computer — The troubled chipmaker’s stock jumped nearly 13% after Barron’s reported on Friday that the company is expected to file a plan for its delayed annual report by Monday to avoid being delisted from the Nasdaq. Robinhood — The electronic trading platform stock gained 1% after Needham upgraded shares to buy from hold. Needham believes Robinhood will benefit from a more lax regulatory environment under Trump’s Securities and Exchange Commission appointees. CVS Health — Shares of the drugstore company rose 2% following a Wells Fargo upgrade to overweight from equal weight. The firm believes downside to aggressive growth initiatives at Aetna, the company’s health insurance segment, have peaked. Warner Bros. Discovery — The stockgained 3% after the entertainment conglomerate settled a breach of contract lawsuit with the National Basketball Association over television rights, the Wall Street Journal reported , citing people familiar with the matter. In the agreement, Warner Bros. will be able to develop new shows with NBA content in both the U.S. and overseas. Warner Bros. sued the NBA in July after the basketball league signed new rights deals with several competing media platforms. Moderna — Shares popped 2.4% after HSBC upgraded Moderna to buy from hold, saying the pharmaceutical company’s shift to oncology from respiratory vaccines could unlock future growth that isn’t yet reflected in the price. The stock slid along with other vaccine makers last week after Trump selected vaccine skeptic Robert F. Kennedy Jr. as health secretary. — CNBC’s Sarah Min, Alex Harring, Jesse Pound, Spencer Kimball and Lisa Kailai Han contributed reporting
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