U.S. Stocks to Watch: Apple, Nvidia, Broadcom, CVS, Humana, Super Micro, Tesla, Marvell, and More

Dow Jones
04-08

Stock futures were rising Tuesday as wild swings on Wall Street left the S&P 500 down for a third-straight session but the Nasdaq Composite higher Monday in what was the tech-heavy index's biggest comeback since 2008.

These stocks were poised to make moves Tuesday:

Apple was up 1.6% in premarket trading after closing down 3.7% on Monday. It has fallen 19% over the past three trading sessions, its worst three-day stretch since July 20, 2001, when it fell more than 20%. The Wall Street Journal reported Monday that Apple plans to send more iPhones to the U.S. from India to offset the high cost of China tariffs. On Monday, President Donald Trump said he would impose an additional 50% tariff on China if Beijing doesn't retract the 34% increase it threatened against the U.S. on Friday. China said Tuesday it would retaliate further if Trump carried out his threat. Most of Apple's products are assembled in China.

Nvidia finished Monday as the best stock in the Dow Jones Industrial Average, rising 3.5%, while Apple closed as the worst. Nvidia, the maker of artificial-intelligence chips, was up 2.6% in premarket trading at $100.22.

Broadcom rose 3.5% after the semiconductor and software company said its board authorized a new, $10 billion stock buyback program through the end of the year. The repurchase program "reflects the board's confidence in the strength of Broadcom's diversified semiconductor and infrastructure software product franchises," said Hock Tan, president and CEO, in a statement.

Shares of CVS Health, UnitedHealth, and Humana, insurers that offer Medicare Advantage plans to seniors, were rising after the federal government announced an estimated $25 billion increase in payments to the plans in 2026. The increase in payments from the government was higher than initially expected and accounts for higher projected costs in the program, the Centers for Medicare and Medicaid Services said Monday. CVS rose 6.5%, UnitedHealth was up 5.7%, and Humana jumped 11%.

Super Micro Computer was up 2.9% in premarket trading after closing up 11% Monday and finishing as the best-performing stock in the S&P 500. Shares of the maker of artificial-intelligence servers now have risen 8.3% for the year but remain down 64% over the past 12 months.

MicroStrategy rose 1.7% in premarket trading. Shares of the largest corporate holder of Bitcoin, which does business as Strategy, said in a regulatory filing Monday that its unrealized loss on digital assets for the first quarter was $5.91 billion, which it expects will result in a net loss in the period despite an income tax benefit of $1.69 billion. The stock fell 8.7% on Monday.

Shares of electric-vehicle maker Tesla were rising 1.8% after closing off 2.6% on Monday. Longtime Tesla bull, Dan Ives at Wedbush, lowered his price target on the stock to $315 a share, down from a Wall Street high of $550. Ives kept his Buy rating on the stock but said CEO Elon Musk has created a crisis with the Tesla brand. The stock has fallen almost 18% over the three trading days following Trump's "Liberation Day" when he announced higher-than-expected tariffs.

Marvell Technology rose 3.2% after the semiconductor company said it would be selling its automotive ethernet business to Infineon Technologies in an all-cash transaction valued at $2.5 billion.

Levi Strauss rose 11% after the jeans maker reported first-quarter earnings that beat analysts' estimates and said it was sticking with its outlook for 2025, excluding the impact from tariffs. The company said it anticipates tariffs would have "minimal impact" to its second-quarter margin outlook. Levi Strauss maintained that it expects a drop in full-year revenue of 1% to 2%.

Earnings reports are expected Tuesday from RPM International, Cal-Maine Foods, WD-40, and Tilray Brands.

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