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Darden Restaurants saw a nearly 11% increase in shares following the announcement of a partnership with Uber for on-demand delivery. NextEra Energy Partners gained 2.6% after receiving a buy rating from Jefferies. DoorDash rose over 3% after an upgrade to buy from BTIG. Several semiconductor companies, including Nvidia, ASML, Arm Holdings, and Micron, rallied in premarket trading. Five Below slipped 1.6% after a downgrade by JPMorgan. Coursera jumped 6.1% following a buy rating from Bank of America. Lennar gained 3.5% ahead of its third-quarter earnings report. Alibaba’s shares rose more than 4% after launching new artificial intelligence models. FedEx saw a more than 1% increase ahead of its first-quarter earnings report. Stocks tied to the price of bitcoin climbed as the cryptocurrency gained more than 3% following the Fed rate cut.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.