$Paramount Global-B (PARA.US)$'s stock surged 14.9% after reports emerged of National Amusements reaching a preliminary agreement to sell a controlling interest in the movie studio to Skydance Media led by David Ellison.
$Eli Lilly and Co (LLY.US)$'s stock experienced a 0.2% uptick following the FDA's approval of its Alzheimer's drug, offering new treatment avenues for the degenerative brain condition.
$Tesla (TSLA.US)$'s shares increased by 1.78%, continuing to build on the previous session's 10% climb to its highest point since January, after announcing a smaller-than-anticipated 5% decline in vehicle deliveries for the second quarter.
$Royal Philips (PHG.US)$ADRs gained 1.86% as Artisan Investments announced it had increased its holding in the Dutch healthcare technology group to 10%.
$Dell Technologies (DELL.US)$'s shares advanced 2.46% after Bank of America endorsed the tech company by adding it to its US 1 List, signaling a strong outlook for the company leading up to 2025.
$Constellation Brands (STZ.US)$enjoyed a rise of over 2% in their stock value following an earnings report that exceeded expectations, with adjusted earnings per share of $3.57 for the fiscal first quarter, surpassing analyst projections of $3.46 per share.
Gapping down
$Apple (AAPL.US)$'s stock saw a modest decline of 0.3% after it was reported that the company would assume an observer role on the board of OpenAI, the creator of ChatGPT.
Source: CNBC; Investing.com
US Top Rating Updates on 07/03
Source: Dow Jones
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