AI Drives Market Movements: Nvidia, Micron, and Aurora Innovation Surge on Tech Advancements

Stocks making the biggest moves premarket: Nvidia, Getty Images, Tesla and more

Check out the companies making headlines before the bell. Nvidia -- Shares gained 2.5% after the company announced new gaming chips for PCs utilizing its Blackwell technology at CES in Las Vegas. Getty Images , Shutterstock -- Shares of the two image databases were soaring after the companies announced a $3.7 billion merger . Getty rose 45%, while Shutterstock added 24%. The new company will keep the Getty name. Tesla -- The electric vehicle company declined 2% after Bank of America downgraded shares to neutral from buy, citing execution risks and a steep valuation. Carvana -- The online call selling platform popped 3.8% on the heels of RBC's upgrade to outperform from sector perform. RBC said a recent pullback creates an opportunity for investors to buy in. Aurora Innovation -- Shares surged 37% after the self-driving technology company announced a partnership with Nvidia and Continental to roll out driverless trucks. Inari Medical -- Shares popped 21% after Stryker announced plans to buy the medical device maker for roughly $4.9 billion, or $80 per share in cash. Stryker shares slipped nearly 2%. FuboTV -- Shares added 2%, a day after soaring 251% on the news Disney will merge its Hulu + Live TV service with Fubo. Disney will own 70% of the company, while Fubo will own 30%. Micron Technology -- The chipmaker jumped 3.7%, adding to gains from the prior session when Micron Technology closed up 10%. The move comes after Nvidia CEO Jensen Huang , during a keynote address at CES 2025, said it's sourcing "G7 memory from Micron" for its new AI-powered graphics processing units. Ulta Beauty -- The beauty retailer saw shares rising 1% in premarket after the company announced the retirement of CEO Dave Kimbell, who will be succeeded by Chief Operating Officer Kecia Steelman. Ulta also hiked its outlook, saying its fourth-quarter operating margin will land above the high end of its previously projected range. Uber Technologies - Shares rose more than 2% after the company announced it's partnering with artificial intelligence chip giant Nvidia to develop AI-powered autonomous driving technology . Uber also announced that it's working with Bank of America to repurchase $1.5 billion of its common stock through an accelerated share repurchase program. -- CNBC's Yun Li, Alex Harring, Jesse Pound, Sean Conlon, Michelle Fox and Sarah Min contributed reporting

Nvidia, Micron, Uber and Walt Disney rise premarket; Tesla falls By Investing.com

Investing.com -- US stock futures steadied Tuesday, ahead of the release of key employment data. Nvidia (NASDAQ:NVDA) stock rose 2.4% after the chip giant unveiled new products such as artificial intelligence to better train robots and cars, souped-up gaming chips and its first desktop computer, as it expounded upon its potential to expand its business. Tesla (NASDAQ:TSLA) stock fell 1.6% after Bank of America (NYSE:BAC) downgraded its stance to "neutral" from "buy", saying that execution risk is high at its valuation. Meta Platforms (NASDAQ:META) stock fell 0.6% after the Facebook-parent Meta Platforms said it would end its current third-party fact-checking program in the United States and instead begin moving to a 'Community Notes' program similar to that on social media platform X. Microsoft (NASDAQ:MSFT) stock rose 0.5% after the software giant announced plans to spend $3 billion to expand its Azure cloud and artificial intelligence capacity in India. Apple (NASDAQ:AAPL) stock fell 1.1% after analysts at MoffettNathanson downgraded its stance on the iPhone maker to "sell" from "neutral", expressing concerns about the company's future prospects. Micron (NASDAQ:MU) stock rose 4.2% after Nvidia CEO Jensen Huang revealed that the company is supplying memory chips for Nvidia's new graphics processing units. Aurora Innovation (NASDAQ:AUR) stock soared 40% after the autonomous-trucking technology company said it formed a long-term partnership with chip designer Nvidia and automotive supplier Continental to deliver driverless trucks at commercial scale.