US stock futures were rising Monday as investors hoped that a cease-fire proposal by Pakistan could help end the war in Iran.
These stocks were making moves in premarket trading:
Intel gained 1.9% to $51.32 and Micron Technology rose 3.8% to $379.80. KeyBanc analyst John Vinh raised his price target on Intel to $70 from $65 and increased his estimates for Micron on Monday, citing strong demand for central processing units and memory chips.
Paramount Skydance rose 0.3% after The Wall Street Journal reported the entertainment company was in talks to secure signed equity commitments of close to $24 billion from three Gulf sovereign-wealth funds to help back its Warner Bros. Discovery takeover deal. Paramount didn't immediately respond to a request for comment from Barron's.
Strategy rose 4.3%, Coinbase Global added 4%, and Robinhood Markets climbed 2.6% as the hopes of a peace deal sparked a rebound in cryptocurrency prices. Strategy tends to announce its weekly Bitcoin purchases on Mondays, although the digital-asset investor refrained from buying any more tokens last week -- the first time it had done so in 2026.
Neurocrine Biosciences slid 0.5%. The drug maker is in advanced talks to buy biotech Soleno Therapeutics, the Financial Times reported, citing people familiar with the discussions. Neurocrine and Soleno didn't immediately respond to requests for comment from Barron's. Soleno shares rallied 29%.
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