Apple (AAPL): Up sharply (5.5% to 8%) on reports of planned iPhone price hikes this fall; earlier concerns over $900M tariff costs now seem less significant.
Dow Jones: Lagging a bit, up 2.5% in pre-market; healthcare stocks (Merck, J&J, Amgen) all down at least 2% amid tariff news.
Trump Executive Order: Announcement expected at 9:30 a.m. ET to cut prescription drug prices by 30–80%.
Shopify (SHOP): Up 9% after being added to the NASDAQ-100, replacing MongoDB (MDB).
Monday.com (MNDY): Up 4% on strong earnings; revenue grew 30% to $282.3M; full-year guidance slightly above expectations.
CrowdStrike (CRWD): Up 2.5% despite recent investigation; Wedbush raised its target price to $475 citing strong field data.
NRG Energy (NRG): Up 10% on $12B acquisition of natural gas facilities from LS Power.
Upcoming Earnings:
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Tuesday: Tencent Music (TME), Loar Holdings (LOAR), Carmen (KRMN)
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Wednesday: CoreWeave (CRWV), new AI stock renting NVIDIA-powered data centers
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Thursday: Alibaba, Walmart, Kava (KAVA)
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