Honeywell (NASDAQ:HON) – Honeywell plans to spin off its advanced materials division, which could be worth over $10 billion as an independent company. CEO Vimal Kapur is focusing on aviation, automation, and energy, according to WSJ. The advanced materials division serves sectors like retail, pharmaceuticals, buildings, and manufacturing, with $3.65 billion in sales last year. Honeywell shares rose 2.8% in premarket trading after closing down 0.2% on Monday.

Foxconn (USOTC:FXCOF) – Foxconn is building the largest manufacturing unit to produce Nvidia’s GB200 chip due to massive demand for Nvidia’s Blackwell platform, according to Reuters. Nvidia shares rose 1.4% in premarket trading after closing up 2.2% on Monday.

Alibaba (NYSE:BABA), NIO (NYSE:NIO), Bilibili (NASDAQ:BILI) – Shares of U.S.-listed Chinese companies fell sharply in premarket trading on Tuesday. Bilibili shares dropped 15.3%, NIO 11.1%, and Alibaba 8.1%, as Beijing disappointed investors by not announcing new economic stimulus.

Alphabet (NASDAQ:GOOGL) – A U.S. judge ordered Google to change its practices on Android apps, offering more payment options and downloads from competitor sources. The ruling, aimed at increasing competition in the Play Store, prohibits exclusive payment deals and agreements with manufacturers. Google plans to appeal, claiming the measure harms consumers and developers. Additionally, Google is partnering with utilities to explore nuclear energy for its data centers, citing rising demand from AI. Shares rose 0.3% in premarket trading after closing down 2.4% on Monday.

Vodafone (NASDAQ:VOD) – Vodafone signed a 10-year deal worth over $1 billion with Google to bring generative AI devices to customers in Europe and Africa. The partnership will expand access to 5G Pixel smartphones and offer Google One AI Premium subscriptions in select countries by 2025. Shares rose 0.3% on Monday.

Apple (NASDAQ:AAPL) – Apple shares closed down 2.3% on Monday after a Jefferies analyst warned that investor expectations for the new iPhones are exaggerated. Edison Lee noted that the lack of significant new features and limited AI coverage may disappoint growth forecasts. He rated the stock as “Hold” due to high valuation. Additionally, Dan Rosckes, head of global supply chain procurement, is retiring after 24 years at the company, with David Tom, his longtime deputy, succeeding him. Rosckes played a key role in sourcing components and negotiating with suppliers, crucial to Apple’s success. Shares rose 0.2% in premarket trading.

Super Micro Computer (NASDAQ:SMCI) – Super Micro Computer announced yesterday that it is shipping more than 100,000 GPUs per quarter and launched a new liquid cooling product line. Demand for hardware for generative AI is driving its growth, with the company expecting a significant market value increase. Shares rose 2.5% in premarket trading after closing up 15.8% on Monday.

Meta Platforms (NASDAQ:META) – The Appeals Centre Europe, supported by Meta Platforms Oversight Board, was certified to handle user disputes in the EU regarding policy violations on platforms like Facebook, TikTok, and YouTube. The body will review cases within 90 days and charge social media companies, aiming to ensure fairness and impartiality in decisions. Shares were flat in premarket trading after closing down 1.9% on Monday.

Match Group (NASDAQ:MTCH) – Match Group announced that Steven Bailey will become the new CFO next year, replacing Gary Swidler, who will remain as president. Bailey, with the company since 2012, takes over amid investor pressure to improve growth following declines in Tinder’s paying users and delays in new features.

Netflix (NASDAQ:NFLX) – As Netflix’s earnings report approaches, two analysts expressed different views, according to MarketWatch. Kannan Venkateshwar of Barclays became bearish, warning that Netflix may struggle to maintain double-digit revenue growth, while Matt Farrell of Piper Sandler was optimistic, predicting the company still has growth opportunities. Shares closed down 2.5% on Monday.

Trump Media & Technology Group (NASDAQ:DJT) – Trump Media shares closed up 11.5% on Monday after Elon Musk appeared alongside Donald Trump at a rally. Musk praised Trump during the event, highlighting freedom of speech and the former president’s positive impact. Additionally, Kinhbac City partnered with the Trump Organization on a $1.5 billion project in Hung Yen, Vietnam, including golf courses, hotels, and a residential complex. The agreement was signed during the Vietnamese president’s visit to the U.S. Trump Organization focuses on hotels and resorts. DJT shares rose 3.5% in premarket trading.

Amazon (NASDAQ:AMZN) – Amazon shares dropped 3.1% on Monday, following a downgrade from Wells Fargo, which expressed concerns about margins next year. Analyst Ken Gawrelski downgraded the stock to “equal weight” and cut the price target from $225 to $183. Additionally, the U.S. Federal Trade Commission’s case against Amazon for allegedly suppressing competition in online retail will proceed, despite some claims being dismissed by state attorneys general in New Jersey and Pennsylvania. The FTC accuses Amazon of anticompetitive practices, while the company argues it has not harmed consumers. Shares rose 0.4% in premarket trading.

Cognizant Technology Solutions (NASDAQ:CTSH) – Cognizant was found to have discriminated against non-Indian workers and must pay punitive damages to affected employees, according to a U.S. jury ruling. The company plans to appeal and defends its equal employment opportunity policy.

Lululemon Athletica (NASDAQ:LULU) – Chip Wilson’s $60 million mansion, founder of Lululemon, became a symbol of political polarization in Canada’s provincial elections. Recently, the property was vandalized with criticisms of Premier David Eby, reflecting the growing rivalry between his party and conservatives. Tensions are rising as the October 19 elections approach. Shares fell 1.4% in premarket trading after closing up 0.8% on Monday.

Duckhorn Portfolio (NYSE:NAPA) – Butterfly Equity agreed to buy Duckhorn Portfolio, a luxury wine brand, for $1.95 billion. The $11.10 per share offer represents a 65.3% premium. Duckhorn will remain private and headquartered in St. Helena. Shares closed up 103% on Monday after the announcement.

PepsiCo (NASDAQ:PEP) – PepsiCo is set to report its quarterly results, with analysts surveyed by FactSet expecting earnings per share of $2.29 and sales of $23.9 billion. BofA lowered its price target for the stock to $185 due to weak demand in its snack and beverage segments. The market is focused on how the company will address these challenges. Shares rose 0.02% in premarket trading after closing down 0.45% on Monday.

Barnes Group (NYSE:B), Apollo Global Management (NYSE:APO) – Barnes Group shares closed up 2.7% on Monday after Apollo Global Management announced its $3.6 billion acquisition. Shareholders will receive $47.50 per share, a 22% premium. The deal is expected to close in early 2025, and Barnes will go private.

Boeing (NYSE:BA) – Boeing and its largest union continue negotiations to end the 25-day strike of 33,000 workers on the U.S. West Coast. The union is seeking a 40% wage increase and the restoration of pensions. Boeing offered a 30% increase, which the union rejected. Shares fell 0.1% in premarket trading after closing up 0.6% on Monday.

Uber (NYSE:UBER), Lyft (NASDAQ:LYFT) – The U.S. Supreme Court rejected an appeal from Uber and Lyft regarding lawsuits in California, allowing the state to pursue allegations that drivers were misclassified as independent contractors. The companies argued private arbitration agreements should prevent such lawsuits, but the court declined to hear the case. Uber shares fell 0.1% in premarket trading, while Lyft shares rose 0.3%.

Mobileye Global (NASDAQ:MBLY) – Mobileye Global shares have dropped 70% this year, impacted by inventory overhangs among customers and challenges in China. JPMorgan analyst Samik Chatterjee downgraded the company, predicting a further 22% drop and highlighting lost market share to competitors. He projects modest volumes for Mobileye’s SuperVision system, limiting future growth. Shares fell 1.0% in premarket trading after closing down 4.6% on Monday.

General Motors (NYSE:GM) – GM announced Monday that it has resumed production at its Texas and Michigan assembly plants following a temporary halt caused by Hurricane Helene’s impact on suppliers. Production at Flint Assembly and Arlington Assembly was suspended on Thursday and Friday but has since restarted. Additionally, GM is shifting its approach to EV batteries, abandoning the Ultium brand. Under Kurt Kelty’s leadership, the automaker plans to diversify cell chemistry and formats to reduce costs and better meet the needs of different models. Kelty is expected to address the topic during today’s investor day presentation. Shares fell 0.3% in premarket trading after closing up 0.7% on Monday.

Stellantis (NYSE:STLA) – S&P Global revised Stellantis’ debt outlook from “stable” to “negative” after the company slashed its 2024 financial forecasts, projecting negative free cash flow between $5.5 billion and $11 billion. U.S. inventory management issues and labor disputes are worsening the situation, negatively impacting the stock. Shares fell 0.1% in premarket trading after closing up 0.2% on Monday.

Lucid Group (NASDAQ:LCID) – Lucid Group exceeded delivery expectations for the third quarter, delivering 2,781 vehicles, surpassing the forecast of 2,242. Demand was driven by discounts and cheaper financing options, despite overall weakness in the EV market. Shares rose 2.4% on Monday.

Rivian Automotive (NASDAQ:RIVN) – Rivian Automotive lowered its 2024 production targets last Friday due to supply chain issues. According to Bloomberg, a communication failure with supplier Essex Furukawa led to a shortage of copper windings, essential for its electric motors. Shares fell 1.1% in premarket trading after closing up 0.5% on Monday.

Fisker (USOTC:FSRNQ) – The U.S. Department of Justice stated Fisker’s plan to shift recall costs to customers is illegal. Fisker, which filed for bankruptcy in June, must repair defective vehicles at no charge, and reimbursing customers for paid repairs also violates vehicle safety regulations.

BP Plc (NYSE:BP) – BP abandoned its goal to cut oil and gas production by 2030, prioritizing new investments in the Middle East and the Gulf of Mexico. According to Reuters, CEO Murray Auchincloss adjusted the strategy to focus on faster returns, facing investor pressure and declining stock prices. Shares fell 1.8% in premarket trading after closing up 0.8% on Monday.

Chevron (NYSE:CVX) – Chevron is selling its Athabasca oil sands and Duvernay shale assets to Canadian Natural Resources for $6.5 billion. The deal, expected to close by December 6, is part of Chevron’s plan to raise $10 billion to $15 billion by 2028, focusing on regions like U.S. shale. Canadian Natural expects to add 122,500 barrels of oil equivalent per day with the acquisition. Shares fell 1.1% in premarket trading after closing up 0.3% on Monday.

Equinor (NYSE:EQNR) – Norway’s Equinor acquired a 9.8% stake in Danish offshore wind developer Orsted, valued at around $2.5 billion, to expand its renewable energy portfolio. Despite challenges in the wind sector, Equinor views this as a long-term investment. Shares fell 2.4% in premarket trading after closing down 3.0% on Monday.

Generac (NYSE:GNRC) – Generac shares jumped 8.5% on Monday, with hurricane activity increasing, particularly as Milton approaches Florida. Demand for generators rises during storms, but Wall Street analysts remain cautious. Generac has growth potential, but the lasting impact of storms is uncertain for driving future profits. Shares rose 0.5% in premarket trading.

Goldman Sachs (NYSE:GS) – According to regulatory filings, Goldman Sachs holds derivatives in UniCredit, equivalent to a 6.7% stake, mainly through swap contracts, futures, and call options. If exercised, Goldman would become one of UniCredit’s major investors.

Bank of America (NYSE:BAC), Berkshire Hathaway (NYSE:BRK.B) – Warren Buffett’s Berkshire Hathaway raised over $10 billion by reducing its stake in Bank of America in its 14th round of sales. Recently, the company sold $383 million in shares, maintaining a 10.1% stake worth around $31.4 billion. Shares fell 0.1% in premarket trading after closing down 0.4% on Monday.

Walgreens Boots Alliance (NASDAQ:WBA) – Walgreens appointed Jason Stenta, a former Optum executive, as its chief commercial officer. He will lead growth strategy and B2B health services development, as well as improve partnerships with insurers and health providers. The appointment comes amid the closure of underperforming stores due to weak consumer spending. Shares fell 0.2% in premarket trading after closing up 1.7% on Monday.

KinderCare, Moove, UpStream Bio, Ceribell – This week, the U.S. IPO market expects to see nine offerings raising about $1.4 billion, led by KinderCare Learning and Moove Lubricants. KinderCare aims to raise $600 million, while Moove plans to raise $400 million, both on the New York Stock Exchange. Additionally, UpStream Bio Inc. aims to raise $200 million under the ticker “UPB” on Nasdaq. Ceribell, which filed for Nasdaq listing under the symbol “CBLL,” seeks $100.5 million.

Rivus Pharmaceuticals – The pharmaceutical company focused on obesity treatments is evaluating an initial public offering in the U.S. for 2024, aiming to raise over $250 million. Backed by RA Capital Management, the company seeks to capitalize on the recent momentum in the biopharma sector, especially after a strong month for IPOs.