PRISM Stocks making the biggest moves premarket: Nvidia, Best Buy, Eli Lilly, Tesla, Amazon and more

PRISM MarketView
Monday, May 12, 2025 at 12:53pm UTC

Experience the latest market shifts as major companies make waves before the bell!

Big Tech stocks are on the rise after a significant U.S.-China agreement to lower tariffs. This move has positively impacted tech giants, with Tesla seeing a surge of over 7%, while Apple has climbed more than 6%. Meanwhile, Amazon, Meta Platforms, and Nvidia have also made impressive gains.

Retail stocks are bouncing back strong with RH leading the charge at a 17% rise, followed by Best Buy and Five Below with impressive increases as the U.S.-China tariff agreement breathes new life into the sector.

Chinese companies listed in the U.S. are experiencing a boost as well, with ecommerce titans like PDD Holdings, Alibaba, and JD.com seeing significant growth, while Baidu also enjoys a positive upswing.

The casino industry is celebrating as Las Vegas Sands and Wynn Resorts both see gains upwards of 3%, driven by the optimistic trade negotiations between the U.S. and China, enhancing their operations in the lucrative Macao market.

However, pharma stocks witness a downturn as the announcement of an upcoming executive order by President Donald Trump to cut prescription drug prices causes shares of Eli Lilly, Amgen, Pfizer, Johnson & Johnson, and Merck to dip.

Meanwhile, NRG Energy is charging ahead with a nearly 9% increase in share value following their announcement to acquire an expansive power portfolio from LS Power, promising future growth and expansion opportunities.

Stay informed and seize opportunities with these shifting market dynamics!

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