The stock starts on Wednesday
Stocks that make the biggest move before the bell: Starbucks, AE, etc.
The most active stocks during pre-market trading include:
- Starbucks – Shares of the coffee giant increased nearly 2% following a report from CNBC indicating that Starbucks China had pulled back on plans for stock sales up to $10 billion.
- AES – The stock surged about 14% amid discussions of potential sales, as energy companies attracted interest from infrastructure investors.
- Verona Pharma – The company’s shares jumped 20% after Merck agreed to purchase Verona for around $10 billion to enhance its respiratory treatment offerings.
For a complete list of active stocks, refer to the linked resource.
– Yoon Lee, Lisa Kairai Han
Renewable power providers will surge on potential sales
AES has seen its stock price rise more than 12% as reports indicate that renewable energy suppliers are considering sales options. Industry giants like Brookfield Asset Management and BlackRock are evaluating AES after its stock lost about half its value in the last two years, according to sources. AES stands out as a major provider of renewable energy, especially for high-tech firms operating data centers for AI training.
– Spencer Kimball
KeyBanc downgrades T-Mobile
KeyBanc has lowered its rating on T-Mobile’s stock. In a memo issued on Tuesday, the banking firm rated telecommunications stocks at low weight, with a price target of $200 per share—indicating a potential decline of over 15% from its closing price of $235.97. Analyst Brandon Nispel expressed skepticism about T-Mobile’s performance meeting growth expectations.
– Brian Evans
Trump reportedly sees Hassett, Warsh as a potential Fed chair
According to the Wall Street Journal, President Donald Trump is considering two candidates for the role of Federal Reserve chair: Kevin Hassett and Kevin Warsh. Hassett appears to be the frontrunner, having met with Trump multiple times lately to discuss the position. In contrast, Warsh faces some hesitation from Trump’s team due to his previously voiced opposition to the central bank’s ongoing asset purchasing programs.
Trump mentioned he’s narrowing down his list of potential candidates for Jerome Powell’s successor.
– Jeff Cox
Bescent was pushed to delay the customs date until August 1st, according to the report
President Trump postponed tariff charges until August 1st after Treasury Secretary Scott Bescent requested more time to work on trade agreements. This decision came as progress was reportedly made with certain trading partners like India and the EU. The tariffs in question involve many countries and were originally introduced in early April. Some of these charges are set to potentially expire soon.
– Jesse Pound
Verona Pharma shares surge as it is acquired by Merck
Verona Pharma shares saw a 20% increase in pre-market trading following an announcement about its acquisition by Merck for approximately $10 billion. The deal is anticipated to finalize in the fourth quarter of 2025 and focuses on treating respiratory illnesses. Merck’s CEO expressed optimism about the acquisition, suggesting it would bring significant long-term value for shareholders.
– Fred Invert
Bank of America predicts a summer gathering is ongoing
Bank of America maintains a positive outlook for stocks in the near term, suggesting a summer rally echoing prior years is underway. They have set a target range for the S&P 500 between 6,500 and 6,569, projecting a 5.5% upside from its last closing point of 6,225.52.
– Lisa Kailai Han
Copper will be eased after jumping to record highs on Tuesday
Copper prices declined by 2% after reaching record highs earlier in the week, following Trump’s announcement of a 50% tariff on copper imports. Despite the decrease, copper futures are still up 37% year-to-date.
Goldman Sachs highlights these buy-valued stocks offering solid dividends
Goldman Sachs suggests that investors should consider stocks with steady dividends and solid growth potential as a hedge against market volatility. They’ve highlighted several stocks known for reliable dividend yields, particularly those that have a history of increasing their payments over time.
Jeff Bezos is selling $666 million on Amazon stock as part of its stock sales plan
Jeff Bezos has recently sold approximately $666 million in Amazon shares as part of a strategy he disclosed earlier this year, which involves a potential release of up to 25 million shares by May 2026. Although he resigned as CEO in 2021, he still controls more than 900 million shares, valuing nearly $200 billion, making him the largest shareholder in Amazon.
