Stocks making the biggest moves premarket: Nvidia, Getty Images, Tesla and more
Check out the companies making headlines before the bell. Nvidia — Shares gained 2.5% after the company announced new gaming chips for PCs utilizing its Blackwell technology at CES in Las Vegas. Getty Images , Shutterstock — Shares of the two image databases were soaring after the companies announced a $3.7 billion merger . Getty rose 45%, while Shutterstock added 24%. The new company will keep the Getty name. Tesla — The electric vehicle company declined 2% after Bank of America downgraded shares to neutral from buy, citing execution risks and a steep valuation. Carvana — The online call selling platform popped 3.8% on the heels of RBC’s upgrade to outperform from sector perform. RBC said a recent pullback creates an opportunity for investors to buy in. Aurora Innovation — Shares surged 37% after the self-driving technology company announced a partnership with Nvidia and Continental to roll out driverless trucks. Inari Medical — Shares popped 21% after Stryker announced plans to buy the medical device maker for roughly $4.9 billion, or $80 per share in cash. Stryker shares slipped nearly 2%. FuboTV — Shares added 2%, a day after soaring 251% on the news Disney will merge its Hulu + Live TV service with Fubo. Disney will own 70% of the company, while Fubo will own 30%. Micron Technology — The chipmaker jumped 3.7%, adding to gains from the prior session when Micron Technology closed up 10%. The move comes after Nvidia CEO Jensen Huang , during a keynote address at CES 2025, said it’s sourcing “G7 memory from Micron” for its new AI-powered graphics processing units. Ulta Beauty — The beauty retailer saw shares rising 1% in premarket after the company announced the retirement of CEO Dave Kimbell, who will be succeeded by Chief Operating Officer Kecia Steelman. Ulta also hiked its outlook, saying its fourth-quarter operating margin will land above the high end of its previously projected range. Uber Technologies – Shares rose more than 2% after the company announced it’s partnering with artificial intelligence chip giant Nvidia to develop AI-powered autonomous driving technology . Uber also announced that it’s working with Bank of America to repurchase $1.5 billion of its common stock through an accelerated share repurchase program. — CNBC’s Yun Li, Alex Harring, Jesse Pound, Sean Conlon, Michelle Fox and Sarah Min contributed reporting