Check out the companies making headlines before the market opens. Nvidia — Shares of Nvidia rose 2.5% after the company announced new PC gaming chips powered by its Blackwell technology at CES in Las Vegas. Getty Images, Shutterstock — Shares of the two image libraries soared after they announced a $3.7 billion merger. Getty is up 45% and Shutterstock is up 24%. The new company will retain the Getty name. Tesla — Shares of the electric car company fell 2% after Bank of America downgraded the stock to neutral from buy, citing execution risks and stretched valuations. Carvana — Shares of the online phone sales platform rose 3.8% after Royal Bank of Canada upgraded the company to outperform from industry perform. RBC said the recent pullback has created a buying opportunity for investors. Inari Medical — Stryker shares rose 21% after the company announced plans to acquire the medical device maker for about $4.9 billion, or $80 per share in cash. Stryker shares fell nearly 2%. FuboTV — Shares soared 251% on news that Disney would merge its Hulu+ live TV service with Fubo, with shares rising 2% a day later. Disney will hold 70% of the company and Fubo will hold 30%. Micron Technology — Shares of the chip maker rose 3.7%, extending a 10% gain from the previous day’s close. Prior to this, Nvidia CEO Huang Jensen said in a keynote speech at CES 2025 that the company is purchasing “Micron G7 memory” for its new artificial intelligence graphics processing unit. Ulta Beauty — Shares of the beauty retailer rose 1% in premarket trading after the company announced the retirement of CEO Dave Kimbell and the retirement of COO Kecia Steelman. ) will succeed Dave Kimbell. Ulta also raised its forecast, saying fourth-quarter operating margin would be above the high end of its previous forecast range. Uber Technologies – Shares rose more than 2% after the company announced a partnership with artificial intelligence chip giant Nvidia to develop artificial intelligence-powered self-driving technology. Uber also announced that it is working with Bank of America to repurchase $1.5 billion of common stock through an accelerated share repurchase program. —CNBC’s Li Yun, Alex Harlin, Jesse Pond, Sean Conlon, Michelle Fox and Sarah Min reported
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