Today's Pre-Market Movers and Top Ratings | NVDA, AMZN, DASH, COIN and More

Semiconductor companies saw shares rally; $NVIDIA (NVDA.US)$increased by 3.2%, $ASML Holding (ASML.US)$ by 5.2%, $Arm Holdings (ARM.US)$ by 3.9%, and $Micron Technology (MU.US)$ by 2.6% following the Federal Reserve's rate cut.

$Amazon (AMZN.US)$ stock increased by 2.1% after the company announced plans to raise pay for fulfillment and transportation workers by $1.50 an hour and include Prime membership in its benefits package.

$Darden Restaurants (DRI.US)$ Shares advanced nearly 11% following the announcement of a multiyear partnership with Uber for on-demand delivery. Despite weaker-than-expected quarterly earnings and reduced sales at Olive Garden and its fine dining establishments.

$DoorDash (DASH.US)$ Shares rose more than 3.7% after an upgrade to buy from neutral at BTIG, citing strong growth in the third quarter despite potential consumer weakness.

$Lennar Corp (LEN.US)$ Shares increased by 3.8% ahead of its third-quarter earnings, with expectations set high for revenue and deliveries.

$Alibaba (BABA.US)$Shares rose over 4.1% after the launch of over 100 open-source AI models and a text-to-video tool, alongside an upgrade to its Qwen-Max model.

Crypto stocks- Shares linked to bitcoin prices climbed as bitcoin itself gained more than 3% following a delayed reaction to the Fed's rate cut. $Coinbase (COIN.US)$ rose by 4.8% and $MicroStrategy (MSTR.US)$ by 6.6%.

$Five Below (FIVE.US)$ Shares slipped 2.1% after JPMorgan downgraded the stock to underweight from neutral, pointing to a sales decline and potential future headwinds related to labor costs.