Today's Pre-Market Movers and Top Ratings | TSM, ABNB, DJT, LCID and More

$Rivian Automotive (RIVN.US)$ stock increased by 0.2% as the EV manufacturer confirmed its path to profitability, in spite of challenges such as decreasing EV demand and parts shortages impacting production.

$Taiwan Semiconductor (TSM.US)$ stock climbed 1.4% following the announcement of healthy sales in October, which marked a 24.8% increase from the previous month and a 29.2% rise from October of the previous year.

$Lucid Group (LCID.US)$ stock increased by 3.15% after the electric carmaker surpassed third-quarter expectations, buoyed by cost reductions as it prepares for the consumer production of a new SUV by year-end.

$Airbnb (ABNB.US)$ stock dropped 6.4% after the online holiday rental platform reported a decrease in profit for the third quarter, even though its revenue slightly exceeded expectations.

$Block (SQ.US)$ stock declined by 0.2% after the fintech company posted third-quarter revenues that fell short of expectations, indicating weaker consumer spending, which overshadowed a profit boost from disciplined expense management.

$Akamai (AKAM.US)$ stock fell 6.1% following its provision of weak guidance in the aftermath of its third-quarter results.

$Trump Media & Technology (DJT.US)$ stock decreased by 3.3%, continuing a downward trend from the previous session’s 23% decline, setting it up for a week of losses despite Trump's election victory.