These are the stocks posting the largest moves in premarket trading.
Striking Hollywood writers to hold first talks with studios in three months
Hollywood’s striking writers and major studios have agreed to hold talks on Friday for the first time since their strike began over higher pay demands in May.
UBS hikes Nvidia price target ahead of earnings, sees more than 20% upside for the high-flying chipmaker
Analyst Timothy Arcuri maintained his buy rating on the stock and raised his price target substantially to $540, which implies a 23.4% upside.
Home Depot beats earnings estimates, but sales slide as consumers pull back on big-ticket buys
Home Depot beat earnings estimates but reiterated its full-year guidance, saying consumers are still wary of big-ticket purchases.
The best Capital One credit cards of August 2023
CNBC Select analyzed the pros and cons of Capital One credit cards using an average American’s annual spending budget to find the best based on consumer habits.
Survivors of Maui fires face power cuts and poor cell service as teams work to find and ID the dead
With the death toll already at 106, a mobile morgue unit with additional coroners arrived in Hawaii on Tuesday to help with sorting through remains.
Singapore among world’s first to agree stablecoin crypto regulation
The stablecoin market is valued at around $125 billion with two tokens — Tether’s USDT and Circle’s USDC — dominating with around 90% share.
Morgan Stanley says this under-the-radar biotech stock can rally more than 80%
Analyst Maxwell Skor upgraded the biotech stock to overweight from equal weight and raised his price target by $24 to $34.
The ‘internet’s favorite underwear’ goes mainstream: Gen Z brand Parade agrees to be bought
Parade, the underwear startup that vowed to be the opposite of Victoria’s Secret, has agreed to be bought by Fruit of the Loom licensee Ariela & Associates.
Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase
Fitch Ratings warned that U.S. banks have inched closer to sweeping rating downgrades on dozens of lenders, including JPMorgan Chase and Bank of America.
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