Check out the companies making headlines before the bell. Tesla – The electric vehicle maker tumbled more than 6% after Stifel cut its price target on the stock. The firm said that a slower-than-expected rollout of Telsa’s new Model Y and recent protests could weigh on sales in the near term. Auto stocks – Shares of automakers pulled back as President Donald Trump’s tariffs on imported cars are set to take effect this week. The president said in an interview with NBC News over the weekend that he ” couldn’t care less ” if automakers increased prices as a result of the tariffs. On Monday, shares of Stellantis shed more than 3%, while General Motors and Ford slid more than 2% and 1%, respectively. CoreWeave – Shares of the Nvidia-backed cloud provider fell nearly 5% after closing flat in its Nasdaq debut on Friday. Nvidia shares also dropped more than 4% after CoreWeave’s disappointing debut . The artificial intelligence chip darling has fallen more than 18% in 2025. Mr Cooper – The mortgage firm saw shares soaring 27% in premarket trading after fintech platform Rocket Companies announced a definitive agreement to acquire Mr Cooper in an all-stock transaction for $9.4 billion in equity value. Rocket shares were down 4%. Crypto stocks – Stocks whose performance is tied to the price of bitcoin fell in premarket trading as the flagship cryptocurrency took another leg down over the weekend. Exchanges Coinbase and Robinhood fell 4% and 7%, respectively. Bitcoin proxy Strategy , formerly known as MicroStrategy, lost 4%. LPL Financial – Shares tumbled nearly 6% after LPL announced a definitive purchase agreement for Commonwealth Financial Network. LPL will acquire Commonwealth for around $2.7 billion in cash, with the deal expected to close in the second half of this year. Palantir – The defense tech stock slid 7% in premarket trading, putting it on track for its fifth-straight losing session. Palantir’s shares fell more than 5% last week. Hut 8 – Shares advanced more than 1% after the bitcoin miner announced the launch of American Bitcoin Corp, the result of a merger between Hut 8 and American Data Centers, a company formed by a group of investors that include Eric Trump and Donald Trump Jr. The new subsidiary, in which the Trumps retain a 20% stake, will focus on industrial-scale bitcoin mining and strategic bitcoin reserve development. Amazon – The megacap technology stock fell more than 2%, extending its more than 4% loss from the previous session. The stock closed out last week with a nearly 2% decline, marking its eighth consecutive week in the red. — CNBC’s Alex Harring, Jesse Pound, Yun Li and Tanaya Macheel contributed reporting.
