U.S. Stocks to Watch: Tesla, EA, Rocket Lab, DJT, Strategy, Clearwater Analytics, and More

Dow Jones12-22 18:47

Stock futures were rising in thin trading Monday as investors bet on a strong end for equities in 2025 following last week's cooler-than-expected inflation reading.

These stocks were poised to make moves Monday:

Tesla climbed 1.4% ahead of the opening bell. The Delaware Supreme Court on Friday overruled the Delaware Chancery Court's 2024 decision to void CEO Elon Musk's 2018 pay package, which included some 300 million stock options. The ruling officially restores to Musk the stock options, currently worth $138 billion.

Electronic Arts dropped 4.9% in premarket trading ahead of a virtual meeting for stockholders. EA said in September that it had agreed to be bought by a group of investors including Saudi Arabia's sovereign wealth fund in a deal valuing the videogame publisher at about $55 billion. If approved, the acquisition would be the largest leveraged buyout ever.

Clearwater Analytics jumped 7.5% to $23.97. The software fintech company said Sunday that it had agreed to an $8.4 billion take-private deal. Shareholders will receive $24.55 a share in cash, representing a premium of about 47% over Clearwater's stock price on Nov. 10, the last trading day before media reports of a potential transaction.

Strategy added 2%. The crypto investor discloses its weekly Bitcoin purchases on Mondays, and investors are probably feeling a little more bullish because the world's largest cryptocurrency has risen 4.5% over the past five days, boosted by hopes of further interest-rate cuts in early 2026. Shares in the crypto exchange Coinbase Global rose 1.9% on Monday, while online trading platform Robinhood Markets was up 2%.

Trump Media & Technology Group was up another 5.3%, after surging more than 50% last week following a merger agreement with nuclear fusion company TAE Technologies.

Rocket Lab gained 4.8%. Shares of the the space launch and technology company jumped 18% on Friday and closed at a record high of $70.52 after the U.S. Space Development Agency on Friday awarded the company an agreement worth up to $805 million to provide 18 missile warning, tracking and defense satellites. Rocket Lab said the agreement was its largest single contract to date.

Micron Technology advanced 3.2% on Monday, having jumped 12% last week following a blowout earnings report for the memory-chip maker.

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