Today's Pre-Market Stock Movers: AMD,W,CRM,SHOP,ABT and more

$Advanced Micro Devices (AMD.US)$ +3%（Advanced Micro Devices was upgraded by Barclays to overweight from equal weight, which said it sees potential upside from direct-current and generative artificial intelligence.）

$Skechers USA (SKX.US)$ +2%(Cowen upgraded Skechers to outperform from market perform, saying it remains the No. 2 casual sneaker brand in the U.S. and is gaining preference in its survey. Consensus sales and EPS estimates are too conservative, the firm said. )

$Western Digital (WDC.US)$ +4%(A report from Bloomberg late Friday that merger talks between Western Digital and Kioxia holdings are progressing.)

$Abbott Laboratories (ABT.US)$ -2.5% (A Wall Street Journal report Friday that the Justice Department is investigating conduct at its infant-formula plant in Sturgis, Michigan.)

$CrowdStrike (CRWD.US)$ -2% (The company was being downgraded to hold by Deutsche Bank, which cited intensifying competition.)

$PayPal (PYPL.US)$ -1% (The Wall Street Journal reported that large banks are teaming up to create their own digital wallet. The wallet would be a competitor to PayPal and Apple Pay.)

$Warner Music (WMG.US)$ -2.45% (The company was being downgraded by Barclays to equal weight. Warner Music's financial performance has been too volatile to justify a premium valuation, its analysts said.)

$Tapestry (TPR.US)$ -1.85% (The company was being downgraded to equal weight from overweight by Barclays. The Wall Street firm’s reasons included inflation creeping to higher household income brackets.)

$Zoom Communications (ZM.US)$ -0.72% (MKM Partners downgraded the company to neutral from buy, citing slowing growth.)