Meta Platforms (NASDAQ:META) – Meta launched the Llama 3 AI model, with 405 billion parameters, surpassing the previous version in language, coding, and math. Despite being smaller than rival models like GPT-4, Llama 3 offers free versions for developers, aiming to outshine competitors and drive innovation. Shares fell 1.7% pre-market.

Tesla (NASDAQ:TSLA) – Elon Musk launched a poll on X asking if Tesla should invest $5 billion in xAI, his AI startup. Most votes were favorable, but the decision depends on board and shareholder approval. Musk highlighted that xAI could enhance Tesla’s autonomy and integrate the Grok chatbot. Musk mentioned on Tuesday that removing electric vehicle subsidies, if Trump is elected, would affect Tesla’s competitors more than Tesla itself. Musk believes this would help Tesla in the long run, as the company focuses on autonomous driving technology, its greatest value. Shares fell 7.3% pre-market.

Rivian (NASDAQ:RIVN) – Rivian Automotive will face trial over accusations of encouraging former Tesla employees to steal trade secrets. A judge denied Rivian’s attempt to dismiss the case, stating that Tesla presented sufficient evidence for the trial. The final hearing is scheduled for Wednesday. Shares fell 2.5% pre-market.

Baidu (NASDAQ:BIDU) – Baidu faces a challenge in the rapid adoption of autonomous vehicles in China, which hasn’t excited analysts looking for a new catalyst for the company. Despite ambitious plans and expansion into new cities, regulatory uncertainties, competition, and market issues have limited optimism. Additionally, concerns about the financial viability of robotaxis and scrutiny over their impact on local jobs add challenges. Still, the long-term potential for the autonomous transportation market in China remains significant. Shares fell 0.5% pre-market.

Nvidia (NASDAQ:NVDA), Samsung Electronics (KOSPI:005930) – Nvidia started using Samsung’s HBM3 chips in a less advanced GPU, the H20, designed for China. However, it’s unclear if these chips will be used in other processors or approved for more advanced versions (HBM3E). Samsung still faces difficulties meeting Nvidia’s standards. Nvidia shares fell 1.7% pre-market.

Apple (NASDAQ:AAPL) – Apple is expected to launch a foldable iPhone in 2026, marking a significant change in the device’s design. The project, known internally as V68, is progressing and may follow Samsung’s example, which entered the foldable market in 2019. Apple is seeking new suppliers and considering improvements such as adjustable cameras. Shares fell 0.5% pre-market.

Leidos Holdings (NYSE:LDOS) – Hackers leaked internal documents from Leidos Holdings, a major IT provider for the US government. Leidos believes the data was stolen from a Diligent Corp. system that was compromised in 2022. The company is investigating the incident and states it did not affect client data.

CrowdStrike Holdings (NASDAQ:CRWD) – CrowdStrike reported that an error in a security update that caused global Windows system failures led the company to promise improvements in update practices and allow greater customer control over when updates are applied. Shares fell 0.6% pre-market.

Alphabet (NASDAQ:GOOGL) – Recently, Google attempted to acquire two major companies, which would have been its largest purchases to date, but both attempts failed. First, it tried to buy HubSpot, but the plans did not proceed. Shortly after, it made a $23 billion offer for Wiz, a cybersecurity company, which also rejected the offer in favor of its own IPO. These failures were influenced by a rise in the value of cybersecurity companies due to recent industry events and concerns about extensive antitrust regulatory processes that could complicate or prevent such acquisitions. Shares fell 3.2% pre-market.

Amazon (NASDAQ:AMZN) – Whole Foods, owned by Amazon, reached a settlement to resolve a lawsuit with former employee Savannah Kinzer, who claimed she was unjustly fired for wearing a mask with the message “Black Lives Matter” and protesting racism. The case involved a ban on such masks and began after the 2020 protests. Shares fell 0.5% pre-market.

Walt Disney (NYSE:DIS) – Investor and former executive known for his role as Marvel Entertainment chairman, Isaac Perlmutter, sold his entire stake in Disney after losing a proxy fight. He sold his shares between April and July for about $115 each and plans to repurchase if the price drops to $65-75. Perlmutter does not trust Disney’s current management. Shares fell 0.4% pre-market.

NetEase (NASDAQ:NTES) – NetEase is nearing the launch of Naraka Bladepoint Mobile, its biggest bet for the quarter. The company expects to generate about $880 million in sales in the first year, with the game contributing up to 7% of revenue growth. Over 40 million players pre-registered for the launch, demonstrating high expectations and confidence in the game’s success. Shares rose 1.5% pre-market.

Visa (NYSE:V) – Last year, Visa avoided 80 million fraudulent transactions, totaling $40 billion, thanks to investments in technology and AI. Charles Lobo of Visa stated that by 2025, cybercrime could cost $10.5 trillion globally, becoming the world’s third-largest economy. Shares fell 2.6% pre-market.

Bank of America (NYSE:BAC) – Bank of America appointed Kevin Brunner, who has worked at the bank since 1999, as the new head of investment banking for technology, media, and telecommunications. Brunner replaces Sam Powers and recently served as co-head of global mergers and acquisitions. Shares fell 0.6% pre-market.

Goldman Sachs (NYSE:GS) – According to Goldman Sachs, China is holding back fiscal stimulus, preparing for potential economic challenges if Donald Trump returns to the presidency. Trump’s threat to impose 60% tariffs on Chinese imports could significantly reduce China’s economic growth, leading Beijing to save resources to counter future tariff impacts.

Barclays (NYSE:BCS) – Barclays raised its forecast for the S&P 500 index from 5,300 to 5,600 for 2024, driven by expectations of robust profit growth from major tech companies. The brokerage also anticipates a possible interest rate cut by the Federal Reserve, contributing to a “soft landing” for the US economy.

OneStream, KKR & Co (NYSE:KKR) – OneStream, backed by KKR, priced its US IPO at $20 per share, above the expected range, raising $490 million. The company, valued at $4.6 billion, offers financial planning software and has clients like Toyota and UPS.

Coinbase Global (NASDAQ:COIN) – Citigroup upgraded Coinbase to “buy” on Tuesday, motivated by the potential for a more favorable regulatory environment for cryptocurrencies in the US. Policy changes and the overturning of the Chevron doctrine, which limited regulatory interpretation, could benefit Coinbase, boosting its market performance. Shares rose 0.2% pre-market.

Embraer (NYSE:ERJ) – Embraer forecasts that global passenger traffic will grow 4% annually until 2043, faster than the previous forecast of 3.2%. However, demand for regional aircraft with up to 150 seats has fallen to 10,500 units, below the previous forecast of 11,000.

Boeing (NYSE:BA) – Boeing resumed deliveries of the 737 MAX to China, after regulatory delays related to cockpit voice recorder batteries. China had suspended deliveries since 2019 due to safety issues and political tensions. During the Farnborough Airshow, Boeing announced significant deals despite supply chain challenges and complaints about delivery delays. The company confirmed the sale of 20 737 MAX-8 planes to Macquarie Airfinance and an additional order of 20 Boeing 777-9s by Qatar Airways, bringing the total orders for this jet family to nearly 100 units. Ihssane Mounir, Boeing’s supply chain executive, admitted the company did not meet promised production timelines, justifying skepticism from suppliers and airlines about future forecasts. He acknowledged the challenges Boeing faced, including regulatory scrutiny and supply chain issues that impacted production. Shares fell 0.4% pre-market.

Southwest Airlines (NYSE:LUV) – The US Federal Aviation Administration (FAA) is conducting a safety review of Southwest Airlines after a series of concerning incidents. This procedure, while rare, has been applied before, such as with United Airlines. Southwest is actively cooperating with the FAA, creating a specialized team to improve its safety management system. The review includes investigations into specific flights that exhibited risky behaviors, such as extremely low altitudes during flight.

SunPower (NASDAQ:SPWR) – Despite falling 74.75% the previous week, SunPower shares rose 31.3% on Tuesday, marking a notable recovery. The company faced a downgrade by Mizuho Securities and a suspension of rating by Susquehanna, due to changes in its financing options and support for leases and PPAs. This move comes in a context where solar energy-related stocks had fluctuations due to political statements and changes in the US electoral landscape. Shares fell 3.0% pre-market.

Marriott International (NASDAQ:MAR), Hilton Worldwide (NYSE:HLT), Hyatt Hotels (NYSE:H) – About 13,500 hotel workers in the US are planning strike votes in various cities while negotiating contracts with major chains like Marriott, Hilton, and Hyatt. They seek better wages, health plans, and pensions, and the reversal of cuts made during the pandemic.

Estee Lauder (NYSE:EL) – Akhil Shrivastava will be the new CFO of Estee Lauder starting November 1, replacing Tracey Travis, who will retire on June 30, 2025. Shrivastava, who joined the company in 2015, previously worked at Procter & Gamble for 18 years.

Nike (NYSE:NKE) – Nike appointed Cheryan Jacob, a former Salesforce executive, as Chief Information Officer, a new position created to lead the company’s technology infrastructure modernization. Jacob, who also has experience at Microsoft and Flexport, will work to simplify and upgrade Nike’s tech platforms. Shares fell 0.4% pre-market.