Morning Movers
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AAPL.NQ 0.43%
Apple Inc – Continues to lead the market higher, a company spokesperson confirmed to Bloomberg this morning due to a resurgence in COVID-19 cases and a fast-spreading new variant, is delaying its corporate return-to-office deadline from Feb. 1 to a “date yet to be determined.” Employees were informed of the move via a memo sent by Chief Executive Tim Cook on Wednesday.

AMD.NQ 0.92%
Advanced Micro Devices – Looking to extend its impressive, post-Fed rally from yesterday afternoon trading higher premarket. The aggressive inflation forecast going forward over the next few years out yesterday will remain a positive tech and growth stocks together.

ADBE.NQ -4.82%
Adobe Inc – On watch trading higher as it is set to report quarterly results ahead of the market open this morning.

F.NY 1.68%
Ford Motor Co – Ford Pro Charging launches to help businesses of all sizes overcome the hurdle to seamless electrification. The product will offer enterprise-grade charge management software, hardware and services to support commercial customers running a fleet of electric vehicles. A simple management solution for electrified fleets of all makes and sizes, Ford Pro Charging lets customers switch between charging at depots, employee homes, and public charging stations.

DAL.NY 2.54%
Delta Airlines – Said on Wednesday it expects to be profitable in 2022, betting on a strong holiday demand even as surging cases due to the Omicron variant of the coronavirus have led to reimposition of travel restrictions across the world. The company said it expects to generate an adjusted pre-tax profit of $200 million in the December quarter. The carrier in October had flagged a pre-tax loss for the fourth quarter due to rising fuel costs. It now expects fuel costs per gallon between $2.20 and $2.30 down from $2.25 to $2.40 forecast earlier.

UBER.NY 1.51%
Uber Technologies – Said its Uber Connect, a same-day, user to user, contactless delivery service is now available in 6000+ US cities and towns.

TSLA.NQ 2.25%
Tesla Inc – Gapping above $1000 premarket, Wells Fargo out with a positive note on the entire auto industry this morning citing an improving supply chain into next year and a “return to normal sales” environment.

CALT.NQ 39.27%
Calliditas Therapeutics – The Sweden-based pharma company’s shares are higher premarket after the FDA grants accelerated approval to CALT’s lead drug TARPEYO to reduce proteinuria, i.e. increased levels of protein, in patients with IgA Nephropathy, a type of kidney disease.

KXIN.NQ 22.58%
Kaixin Auto – Reached a strategic partnership agreement with Beijing Bujia International Logistics Limited (“Bujia”), which agrees to order at least 10,000 new energy trucks from Kaixin in the next 5 years. The total dollar amount of this intention order is above $500 million.

FREY.NY 14.06%
FREYR Battery – Awarded 31 GWh inaugural offtake agreement with leading global ESS provider.

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