Check out which companies are making headlines in pre-market trading. Nvidia – The chipmaker's stock fell less than 1% before the opening bell, but the AI play and the “Magnificent Seven” leader officially entered correction territory on Tuesday. Shares are down 10% from an all-time closing high of $950 per share on March 25. Internal memo to employees. Ma's upbeat note also talked about the potential of artificial intelligence. ALBEMARLE – Shares rose about 2% after Bank of America upgraded the chemical maker to buy on the back of rising lithium prices, raising its price target. GoodRx – Shares rose nearly 4% after KeyBanc upgraded the telemedicine stock to overweight on the heels of strong subscriber growth expectations. Deckers Outdoor – Shares fell more than 2% after Truist downgraded footwear stocks to bear on concerns about lower demand for core products including Hoka. Delta Air Lines – The air carrier gained 4% pre-market after reporting adjusted earnings per share of 45 cents for the first quarter, beating expectations by 9 cents, according to LSEG. CEO Ed Bastian pointed to strength in both leisure and business travel ahead of the peak travel season, speaking to CNBC Taiwan Semiconductor Manufacturing — shares rose 2% after strong demand for AI chips helped boost the company's monthly revenue 34.3% over Annual basis. year in March. — CNBC's Sarah Main and Tanaya Machel contributed reporting
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