Today's Morning Movers and Top Ratings | BA, MRNA, MA, KR and More

$The Kroger (KR.US)$ The grocery chain's stock rose 1.2% after reporting better-than-expected second-quarter earnings. Following the positive results, Kroger raised the low end of its full-year sales forecast.

$Carvana (CVNA.US)$ Analysts from Stephens highlighted Carvana's potential to disrupt the U.S. used vehicle retail market, positioning it as the next major "retail category killer." Shares rose by 1.9% in premarket trading.

$Alaska Air (ALK.US)$ Shares gained 4.10% as the company raised its third-quarter outlook due to strong summer demand. The airline now expects per-share earnings to be between $2.15 and $2.25, up from the previous range of $1.40 to $1.60.

$U.S. Bancorp (USB.US)$ Shares rose more than 1.6% following the announcement of a dividend increase and a $5 billion stock buyback plan.

$Diageo (DEO.US)$ Shares increased by 2.5% after Bank of America upgraded the company to buy from neutral, citing that the “worst is behind” the alcohol beverage company.

$MasterCard (MA.US)$ has agreed to purchase threat intelligence company Recorded Future from private equity firm Insight Partners for $2.65 billion. This acquisition is seen as a strategic move in response to the heightened risk of cyber threats amid rapid technological adoption. Shares rose by 0.2% in premarket trading.

$Moderna (MRNA.US)$ Shares fell by more than 11% as the drugmaker announced plans to cut expenses by $1.1 billion by 2027 and expects to launch 10 new products through the same year.

$Stellantis NV (STLA.US)$ Shares could be under pressure as the company announced it would suspend production of the fully electric Fiat 500 small car for four weeks due to sluggish demand.

$Boeing (BA.US)$ The planemaker faces increased pressure as U.S. West Coast factory workers vote on a controversial new contract and a possible strike amid chronic production delays and mounting debt.