Newsbite analysis · Business
CNBC
Stocks making the biggest moves premarket
In the premarket session, several stocks exhibited significant movements. Chipmakers like Nvidia, AMD, and Micron saw declines of over 1% as rising Treasury yields impacted the broader market. Conversely, Robinhood Markets gained more than 2%, driven by an upgrade from Morgan Stanley. Novartis also performed well, with a 4% increase attributed to positive trial results for its multiple sclerosis drug. Duolingo's shares surged by 6% after a favorable upgrade by Evercore ISI, reflecting strong performance expectations.
MonitorConfidence: MediumImmediate horizon
Published 1 Sept 2026, 10:55 UTC1 min read
Lead image — CNBC
Brief
NewsBite reading:Premarket trading highlights major stock movements
TL;DR
- Chipmakers fell as Treasury yields rose, affecting broader market sentiments.
- Robinhood gained over 2% after a positive Morgan Stanley upgrade.
- Novartis shares rose 4% due to encouraging trial data for a drug.
- Duolingo saw a 6% increase following an upgrade based on strong survey results.
- Energy stocks performed well alongside rising oil prices and ongoing Middle East tensions.
Interesting facts
- The semiconductor ETF lost over 1% amidst rising Treasury yields.
- Novartis's MS drug showed significant improvement in reducing relapse rates.
What changed
Several stocks experienced notable upward and downward adjustments in premarket trading due to various market influences.