Check out the companies making headlines before the bell. Oracle — The software giant rose more than 3%, reversing an earlier decline. Oracle on Sunday announced plans to raise up to $50 billion to expand its AI capabilities for customers. Analysts at TD Cowen also predicted that the company would consider layoffs to ease pressure to release cash flow. Nvidia — Shares fell 1% after the Wall Street Journal reported that the company’s $100 billion OpenAI investment was stalled. But Nvidia CEO Jensen Huang said “huge investments” were still planned. Rare earth companies – According to Bloomberg, US President Donald Trump plans to invest $12 billion in critical mineral reserves to counter China. The report sent the stock prices of several rare earth companies higher. Critical Metals rose 8%, while Energy Fuels and Idaho Strategic Resources rose 5% and 1%, respectively. NEWMONT, Freeport-McMoRan – Mining companies increased their shares by about 1% as gold and silver prices rebounded from Friday’s correction. Disney — Disney shares rose 2% after the company’s fiscal first quarter sales and profits both beat expectations. Quarterly revenue for Disney’s Experiences division, which includes theme parks, resorts and cruises, exceeded $10 billion for the first time. Tesla — Shares fell 2% following a Bloomberg News report that Waymo is looking to raise $16 billion at a valuation of about $110 billion, raising concerns about Tesla’s current valuation. The decline comes as electric vehicle stocks continue to fall. Strategy — The Bitcoin treasury company’s stock price fell 7% as the digital asset traded below $80,000. The token has fallen 11% over the past five days as geopolitical uncertainty increased and Washington’s crypto bill continued to face roadblocks.
