Investing
Krispy Kreme, Tesla, McCormick and Reddit rise premarket
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© Reuters.
Investing.com — U.S. edged higher Tuesday, with investors retaining a confident tone ahead of the release of key inflation data later in the week.
Here are some of the biggest premarket U.S. stock movers today:
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Nvidia (NASDAQ:) rose 1%, trading close to crossing a record high hit earlier in March, Micron Technology (NASDAQ:) rose over 2%, on track to set a new record high, while Super Micro Computer (NASDAQ:) rose 3.6% amid confidence over the AI-inspired rally.
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United Parcel Service (NYSE:) stock rose 3.4% after the delivery giant forecast better-than-expected 2026 consolidated revenue, as it works to aggressively cut costs and capture market share.
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Tesla (NASDAQ:) stock rose 3.1%, with the electric carmaker set to offer U.S. customers a month’s free trial of its driver-assist technology, Full Self-Driving, according to CEO Elon Musk.
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Ford (NYSE:) stock rose 0.4% after the auto giant reaffirmed its annual core profit outlook of between $10 billion and $12 billion despite difficult underlying economic conditions.
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Boeing (NYSE:) stock rose 0.6%, continuing Monday’s gains, after the aircraft manufacturer announced a series of management changes, including the departure of CEO Dave Calhoun.
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Krispy Kreme (NASDAQ:) stock soared 21% after the donut chain announced that its product will be sold in McDonald’s (NYSE:) restaurants nationwide by the end of 2026.
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McCormick (NYSE:) stock rose 5.8% after the seasonings maker beat market expectations for first-quarter sales and profit, as consumer demand for its high-priced spices held amid sticky inflation.
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Viking Therapeutics (NASDAQ:) stock rose 17% after the pharmaceutical company announced positive Phase 1 results from its obesity drug.
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Reddit (NYSE:) stock rose 10%, continuing the recent gains after the social media platform’s strong market debut, with the launch of options helping.
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