Today's Pre-Market Movers and Top Ratings | META, GOOGL, BABA, QCOM and More

$Meta Platforms (META.US)$ Guggenheim analyst Michael Morris maintains Meta Platforms with buy rating, and adjust the target price from $600 to $665. Shares rose by 0.68% in premarket trading.

$Honeywell (HON.US)$ stock increased by 1.8% following reports from the Wall Street Journal of plans to spin off its Advanced Materials business.

$Alphabet-A (GOOGL.US)$ stock edged up 0.35% despite a US judge's order for its Google unit to reconfigure its Android OS to allow for third-party app marketplaces and payment systems.

$Super Micro Computer (SMCI.US)$ shares climbed 5.5% after reporting a sharp increase in graphics processing unit shipments, fueled by rising demand for artificial intelligence capabilities.

$DocuSign (DOCU.US)$ surged 5.7% as it was announced that the company would join the S&P Midcap 400 Index.

$Affirm Holdings (AFRM.US)$ stock appreciated by 5.3% after BTIG upgraded the fintech company to 'buy'.

$PepsiCo (PEP.US)$ shares dropped 0.6% as the company reported third-quarter revenue that missed estimates due to weaker performance in North America and disruptions in international markets.

$Alibaba (BABA.US)$ , $JD.com (JD.US)$ , and $Bilibili (BILI.US)$ saw significant declines of 6.0%, 7.8%, and 12.7% respectively, amid fading optimism over China's economic stimulus measures.

$Qualcomm (QCOM.US)$ decreased by 1.2% after releasing a security advisory to address vulnerabilities in its products.

$American Express (AXP.US)$ fell 1.0% following a downgrade by BTIG to 'sell'. J.P. Morgan analyst Richard Shane also downgrades the company to hold rating.