Today's Morning Movers and Top Ratings | TSLA, MDT, PANW, COIN and More

$Tesla (TSLA.US)$ stock rose 0.9% following the European Commission's reduction of tariffs on the EV maker's China-built cars.

$Medtronic (MDT.US)$ stock increased by 0.5% after the company raised the lower end of its annual profit forecast, expecting continuous demand for its medical devices and growth from new products.

$Coinbase (COIN.US)$ stock jumped 2.3% as the cryptocurrency exchange saw benefits from a surge in bitcoin prices.

$Palo Alto Networks (PANW.US)$ stock gained 2.52% with the company projecting fiscal 2025 revenue and profit above estimates, indicating increasing demand for its cybersecurity offerings.

$XPeng (XPEV.US)$ stock climbed 1.0% after the Chinese EV maker announced a significant revenue increase in the second quarter.

$Fabrinet (FN.US)$ stock surged 9.7% after reporting a robust fourth-quarter performance and detailing expansion plans with a new facility construction.

$Lowe's Companies (LOW.US)$ stock dropped 0.9% after the company cut its annual profit and comparable sales outlook, with diminished expectations for recovery in large home improvement projects amid cautious consumer spending.

$Boeing (BA.US)$ stock decreased by 1% due to the grounding of its 777X test fleet after discovering a critical engine mounting structure failure.

$Morgan Stanley (MS.US)$ stock dipped 0.6% following reports that a company chairman was involved in a yachting accident off the Sicilian coast.