Market Movers: Today’s Highlights Before the Bell
Here’s a look at the key companies making news prior to the market opening:
Nvidia
Nvidia’s shares experienced a boost of 2.5% following the announcement of new gaming chips for PCs, leveraging their innovative Blackwell technology at CES held in Las Vegas.
Getty Images & Shutterstock
The merger of Getty Images and Shutterstock, valued at a whopping $3.7 billion, sent their shares soaring—Getty’s shares surged by 45%, while Shutterstock climbed 24%. The combined entity will retain the Getty name as it moves forward.
Tesla
In contrast, Tesla saw its shares drop by 2% after Bank of America downgraded its stock recommendation from buy to neutral, citing concerns over execution risks and the company’s high valuation.
Carvana
Carvana, the online platform for vehicle sales, saw an increase of 3.8% following an upgrade by RBC to outperform from sector perform, highlighting a recent pullback as a prime opportunity for investors.
Aurora Innovation
Aurora Innovation’s shares soared by an impressive 37% after the self-driving technology firm announced a collaboration with Nvidia and Continental to launch driverless trucks.
Inari Medical
Inari Medical’s stock jumped by 21% after Stryker revealed plans to acquire the medical device company for approximately $4.9 billion, equating to $80 cash per share. In a contrasting move, Stryker saw its shares dip nearly 2%.
FuboTV
FuboTV’s shares saw a modest rise of 2% following a staggering 251% leap the previous day, sparked by Disney’s intention to merge its Hulu + Live TV service with Fubo. In this deal, Disney will retain a 70% stake, with Fubo holding the remaining 30%.
Micron Technology
Micron Technology’s stock increased by 3.7%, building on a prior gain of 10%. This follows Nvidia CEO Jensen Huang’s announcement at CES 2025, stating that the company is sourcing “G7 memory from Micron” for new AI-driven graphics processing units.
Ulta Beauty
Ulta Beauty’s shares rose by 1% in premarket trading after the retailer announced the upcoming retirement of CEO Dave Kimbell. Kecia Steelman, the current Chief Operating Officer, will take over the role. Additionally, Ulta has raised its outlook, projecting that its fourth-quarter operating margin will exceed previous expectations.
Uber Technologies
Uber Technologies’ shares climbed over 2% as the company announced a partnership with Nvidia to develop AI-powered autonomous driving technology. Furthermore, Uber disclosed plans to collaborate with Bank of America for a significant repurchase of $1.5 billion worth of its common stock through an accelerated share repurchase program.
