Stocks to Watch: CoreWeave, Tesla, Alcoa

Dow Jones17:26

CoreWeave (CRWV): Shares of the compute provider fell 4% premarket as yesterday's rebound proves short-lived. The stock has come under pressure this week as investors fret over how higher interest rates will impact the highly-indebted company.

Tesla (TSLA): Shares of the EV maker climbed nearly 5% premarket. Tesla yesterday revealed its long-awaited second-generation Roadster, which it describes as the world's first flying car. Shares of SpaceX (SPCX), whose rocket technology underpins the vehicle, also rose premarket.

J.B. Hunt $(JBHT)$: Shares fell 1.3% premarket. The logistics company reported profit and revenue that topped Wall Street's expectations in the latest quarter, but warned higher fuel prices and other costs are weighing on the business.

Alcoa (AA): Shares rose more than 2% premarket after the aluminum producer reported higher profit and revenue in its latest quarter.

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