Check out the companies making headlines before the bell. Domino’s Pizza — Shares fell more than 3% after the pizza chain reported fourth-quarter numbers that missed expectations. The company earned $4.89 per share on revenue of $1.44 billion. Analysts polled by FactSet expected a profit of $4.90 per share on revenue of $1.48 billion. U.S. same-store, a key metric for the company, increased by 0.4%. That was also below a consensus forecast calling for a 1.1% advance. Nike — Shares popped 2% on the back of Jefferies’ upgrade to buy from hold. Jefferies said the athletic apparel maker is turning “back on its innovation engine.” Palantir Technologies — The stock dropped more than 3%, adding to its steep declines from last week amid concern that retail investors may be dumping the AI play. Palantir dropped 14.9% last week, its biggest weekly drop since January. Alibaba — The Chinese e-commerce giant slipped 3%, reversing some of its 15% rally last week on the back of its latest strong earnings report. Monday’s premarket slide came despite an upgrade to overweight from equal weight at Morgan Stanley. Analyst Gary Yu said that Alibaba was poised for continued leadership in the artificial intelligence cloud market. Berkshire Hathaway — Class B shares of Warren Buffett’s conglomerate rose more than 1% in premarket after the firm said its operating profit skyrocketed 71% to $14.5 billion during the final three months of 2024. That was led by a 302% jump in insurance underwriting. Robinhood — The retail trading platform added around 2% after Robinhood said the U.S. Securities and Exchange Commission dismissed its investigation of the company’s cryptocurrency segment. Energy companies — Select power company stocks slipped on Monday morning, extending their Friday declines, following the release of a TD Cowen report last week on data centers and Microsoft. In the note, analyst Michael Elias said that MSFT had “cancelled leases in the U.S. totaling ‘a couple of hundred MWs’ with at least two private data center operators.” Shares of Vistra , Talen Energy and GE Vernova all shed less than 1%. Rivian — The electric vehicle stock shed 3% following a downgrade to underperform from neutral at Bank of America. Analyst John Murphy said that the company remains “one of the most viable” EV startups, but a softer-than-expected 2025 outlook, mounting competition, and slowing EV demand combined with a potential pullback in U.S. EV incentives pose headwinds for shares. Freshpet — Shares popped 4% after Jefferies upgraded the pet food retailer to buy from hold, saying the stock is “worth 50% above” where it’s currently trading. The firm expects that Freshpet can compound sales 23% by 2027. The stock is down 32% this year. — CNBC’s Sean Conlon, Brian Evans, Alex Harring, Fred Imbert, Sarah Min and Yun Li contributed reporting.
Stocks making the biggest moves premarket: DPZ, BABA, RIVN, PLTR
