Stocks making the biggest moves premarket: Tesla, Coinbase, Cisco Systems and more

Check out the companies making headlines before the bell. Tesla — The electric vehicle stock popped 7% and looked poised to build on last week’s 29% surge. The Elon Musk-run company has rallied on the heels of Donald Trump’s presidential victory, topping $1 trillion in market value on Friday as investors bet the company will benefit under the new administration. Crypto stocks — Stocks tied to cryptocurrencies rallied, with bitcoin topping $82,000 and hit fresh highs, as Wall Street continued to bet a Trump administration would be more favorable toward the crypto industry. Coinbase popped 15%, while MicroStrategy gained 11%. Robinhood rose about 7%. Cigna — The health insurance giant popped 8% after saying it will not be pursing a merger with Humana. Cigna also reiterated its fiscal 2024 and 2025 guidance. Humana shares shed 8%. RadNet — Shares of the radiology company popped 15% on stronger-than-expected earnings and revenue for the third quarter. RadNet also announced a “strategic collaboration” with GE HealthCare. Cisco — Shares moved 1.6% higher following an upgrade at JPMorgan to overweight from neutral. The bank expects Cisco will likely return to positive earnings revision thanks to a recovery cycle in Enterprise Networking demand. Trump Media & Technology — Trump’s social media stock rallied 8% as investors continued pouring money into stocks connected to the president-elect. Valley National Bank — Shares of the New York-based regional bank gained about 3% on light volume after an upgrade to overweight from neutral by JPMorgan. The investment firm that Valley National is making progress on reducing its exposure to commercial real estate. Valley National announced last week that it was selling additional stock, with JPMorgan as the sole book-running manager for the deal. Cboe Global Markets — Shares added 1.3% after Deutsche Bank upgraded the stock to buy from hold, saying the exchange operator should maintain strong revenue growth into at least 2025. Postelection market volatility in the intermediate term should drive “greater use of index & volatility options & futures products,” the firm also said. — CNBC’s Michelle Fox, Jesse Pound and Pia Singh contributed reporting

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Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’

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Fast Money Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’ Published Thu, Aug 21 20257:37 PM EDT Stephanie Landsman@stephlandsman WATCH LIVE Source

Finance

Stocks making the biggest moves after hours: Intuit, Workday, Ross Stores and more

August 21, 2025

Check out the companies making headlines after hours: Intuit — Shares dropped roughly 6% even after the financial technology company reported fiscal fourth-quarter results that topped Wall Street’s expectations. Intuit reported adjusted earnings of $2.75 per share on revenue of $3.83 billion. Analysts polled by LSEG had expected earnings per share of $2.66 on revenue […]

Finance

Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here’s what Wall Street expects

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Key Points Fed Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history. Amid several controversies, Powell could use the speech to at least take a sideswipe at the political distractions even if […]