Today's Pre-Market Movers and Top Ratings | Macy's, Tesla, Workday and More

$Macy's (M.US)$ stock rose 3.4% following a report that activist investor Barington Capital is urging the retailer to create a real-estate unit and consider options for its Bloomingdale's and Bluemercury chains after building an undisclosed stake.

$Tesla (TSLA.US)$ stock rose 2.3% after $Deutsche Bank (DB.US)$ highlighted the EV manufacturer as one of its top picks for 2025 in a note Monday, citing its leadership in autonomous driving technology and its ability to withstand industry headwinds.

$Workday (WDAY.US)$ stock rose 8.9% and $Apollo Global Management (APO.US)$ stock gained 5.8%, with both companies set to join the $S&P 500 Index (.SPX.US)$ later this month.

$NVIDIA (NVDA.US)$ stock fell 2% after China launched an investigation into the chipmaker over suspected violations of the country's anti-monopoly law, in a move that will likely be seen as a retaliatory move against Washington's recent chip curbs.

$Advanced Micro Devices (AMD.US)$ stock fell 1.5% after Bank of America downgraded its stance on the semiconductor to “neutral” from “buy”, citing downside risks to its 2025 outlook.