Take a look at the businesses making headlines earlier than the bell: Domino’s Pizza — Shares fell greater than 3% after the pizza chain reported fourth-quarter numbers that missed expectations. The corporate earned $4.89 per share on income of $1.44 billion. Analysts polled by FactSet anticipated a revenue of $4.90 per share on income of $1.48 billion. U.S. same-store gross sales, a key metric for the corporate, elevated 0.4%. That was additionally under a consensus forecast calling for a 1.1% advance. Nike — Shares popped 2% on the again of Jefferies’ improve to purchase from maintain. Jefferies mentioned the athletic attire maker is popping “again on its innovation engine.” Palantir Applied sciences — The inventory dropped greater than 3%, including to its steep declines from final week amid concern that retail traders could also be dumping the bogus intelligence play. Palantir dropped 14.9% final week, its largest weekly drop since January. Alibaba — The Chinese language e-commerce large slipped 3%, reversing a few of its 15% rally final week on the again of its newest robust earnings report. Monday’s premarket slide got here regardless of an improve to chubby from equal weight at Morgan Stanley. Analyst Gary Yu mentioned Alibaba was poised for continued management within the synthetic intelligence cloud market. Berkshire Hathaway — Class B shares of Warren Buffett’s conglomerate rose greater than 1% in premarket buying and selling after the agency mentioned its working revenue skyrocketed 71% to $14.5 billion through the last three months of 2024. That was led by a 302% bounce in insurance coverage underwriting. Robinhood — The retail buying and selling platform added round 2% after Robinhood mentioned the U.S. Securities and Alternate Fee dismissed its investigation of the corporate’s cryptocurrency phase. Vitality corporations — Choose energy firm shares slipped on Monday morning, extending their Friday declines, following the discharge of a TD Cowen report final week on information facilities and Microsoft. Within the notice, analyst Michael Elias mentioned MSFT had “cancelled leases within the U.S. totaling ‘a few hundred MWs’ with at the very least two non-public information middle operators.” Shares of Vistra , Talen Vitality and GE Vernova all shed lower than 1%. Rivian — The electrical automobile inventory shed 3% following a downgrade to underperform from impartial at Financial institution of America. Analyst John Murphy mentioned the corporate stays “one of the vital viable” EV startups, however a softer-than-expected 2025 outlook, mounting competitors and slowing EV demand mixed with a possible pullback in U.S. EV incentives pose headwinds for shares. Freshpet — Shares popped 4% after Jefferies upgraded the pet meals retailer to purchase from maintain, saying the inventory is “price 50% above” the place it’s presently buying and selling. The agency expects that Freshpet can compound gross sales 23% by 2027. The inventory is down 32% this 12 months. — CNBC’s Sean Conlon, Brian Evans, Alex Harring, Fred Imbert, Sarah Min and Yun Li contributed reporting.
