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Stocks - Amazon, Tesla Rise in Premarket; Intel Falls

Published 04/05/2019, 08:09 AM
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Investing.com - Stocks in focus in premarket trade Friday:

• Amazon.com (NASDAQ:AMZN) stock rose 0.2% by 8:15 AM ET (12:15 GMT) after a Wall Street Journal report that ad sales on its website are rising, while CEO Jeff Bezos' divorce settlement leaves him in control of most of his stake in the company.

• Intel (NASDAQ:INTC) stock was down 1.3% after news that issues with its modems could delay Apple’s 5G iPhone plans.

• Aurora Cannabis (NYSE:ACB) stock jumped 3.2% after Germany’s federal drug regulator awarded it and two others a public tender to cultivate and distribute medical marijuana in the country.

• Bed Bath & Beyond (NASDAQ:BBBY) stock rose 2.3% after it was upgraded to equal-weight from underweight at Morgan Stanley (NYSE:MS), according to CNBC.

• Tesla (NASDAQ:TSLA) stock gained 0.4% on news that a judge told CEO Elon Musk and the Securities and Exchange Commission that they have to work out their differences in the next two weeks. The SEC says Musk’s recent tweets violate a prior settlement.

• Google (NASDAQ:GOOGL) stock inched up 0.01% after news that is dissolving its Artificial Intelligence ethics board, as two of its members faced controversy, one for comments about transsexuals, and the other because he was a drone company executive.

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