Today’s stocks to watch: Nvidia, Intel, and AMD
Key Points to Watch Out For:
- Nvidia and AMD shares drop after 15% sales deal with China
- Crypto rallies as bitcoin nears record; related stocks advance
- Nexstar in talks for Tegna; Rumble reviews $1.2 billion bid
Nvidia (NVDA) and AMD (AMD): 15% deal and premarket declines
Both chipmakers agreed to allocate 15% of certain AI chip sales to China in exchange for export licenses. Shares are down in premarket trading, reflecting market caution following the deal. Early action is marked by volatility and thin liquidity.
Intel (INTC): White House visit following removal calls
CEO Lip-Bu Tan will visit the White House on Monday after Trump urged his removal last week over links to Chinese businesses. Shares are gaining premarket, with attention centered on corporate governance and official signals. The bias is tactical.
Coinbase (COIN), MicroStrategy (MSTR) and Robinhood (HOOD): crypto momentum
Crypto-related stocks are climbing in premarket alongside bitcoin, which is nearing an all-time high. Gains follow Trump’s executive order easing retirement investment in the sector. Flows are improving, with market sensitivity closely tied to bitcoin’s moves.
Rheinmetall (RHM), Leonardo (LDO) and Saab (SE:SAAB.B): pressure before key meeting
European defense stocks are falling ahead of this week’s Trump–Putin meeting to discuss a potential Ukraine ceasefire. The sector is factoring in the event, with uncertainty dampening tactical appetite and risk management taking priority.
Nexstar (NXST) and Tegna (TGNA): advanced acquisition talks
Nexstar is reportedly in advanced negotiations to acquire Tegna, according to The Wall Street Journal. Tegna shares are rising premarket on the news, with the market reaction leaning positive.
Avantor (AVTR): activist stake sparks rally
Engine Capital has taken a position and aims to push for a sale or strategic changes. Shares are up 7.5% premarket, supported by corporate catalysts.
Rumble (RUM) and Northern Data (XE:NB2): $1.2 billion offer under review
Rumble is considering a $1.2 billion bid for Northern Data. In premarket, Rumble shares are up 16% while Northern Data’s German listing trades lower. Focus is on AI cloud growth potential.
AMC Entertainment (AMC): gains ahead of earnings
AMC shares are rebounding in premarket as investors position ahead of earnings due after the close. Expectations are driving the move, with revenue and EBITDA likely to dictate post-market volatility.