Before you call, check out the companies that are making headlines. Nvidia shares rose 2.5% after the company announced new PC gaming chips using Blackwell technology at CES in Las Vegas. Getty Images, Shutterstock – Shares of two image databases soared after the companies announced a $3.7 billion merger. Shares of Getty rose 45% and Shutterstock rose 24%. The new company will retain the Getty name. Tesla — Shares of the electric vehicle company fell 2% after Bank of America downgraded the stock to neutral from buy, citing execution risks and high valuations. Carvana – The online call sales platform jumped 3.8% after RBC upgraded its rating and outperformed the sector. RBC said the recent pullback creates an opportunity for investors to buy shares. Shares of Aurora Innovation rose 37% after the self-driving technology company announced a partnership with Nvidia and Continental to introduce self-driving trucks. Shares of Inari Medical rose 21% after Stryker announced plans to buy the medical device maker for about $4.9 billion, or $80 per share in cash. Stryker shares fell nearly 2%. FuboTV — Shares gained 2% a day after soaring 251% on news that Disney would merge its Hulu + Live TV service with Fubo. Disney will own 70% of the company, and Fubo will own 30%. Micron Technology – Shares of the chipmaker jumped 3.7%, extending gains from the previous session, when Micron Technology shares closed up 10%. The move comes after Nvidia CEO Jensen Huang said during a keynote at CES 2025 that it would use “G7 memory from Micron” for its new AI-powered GPUs. Ulta Beauty — Shares of the beauty retailer rose 1% in premarket trading after the company announced the departure of CEO Dave Kimbell, who will be replaced by Chief Operating Officer Kecia Steelman. Ulta also raised its forecast, saying its fourth-quarter operating margin will exceed the high end of its previously forecast range. Shares of Uber Technologies rose more than 2% after the company announced its partnership with artificial intelligence chip giant Nvidia to develop AI-powered self-driving technology. Uber also announced that it is working with Bank of America to repurchase $1.5 billion of its common stock through an accelerated share repurchase program. — CNBC’s Yun Lee, Alex Harring, Jesse Pound, Sean Conlon, Michelle Fox and Sarah Min contributed reporting.
