Today's Morning Movers and Top Ratings: TSLA, DPZ, AAPL, AMC and More

$Tesla(TSLA.US)$ Tesla stock soared 11% after the Wall Street Journal reported that the electric vehicle manufacturer has received tentative approval to launch its driver assistance software in China. This development has heightened expectations for the imminent availability of Tesla's Full Self Driving software in China.

$Paramount Global-B(PARA.US)$ Shares of the entertainment giant climbed more than 5% premarket amid reports that the company's board is considering the dismissal of CEO Bob Bakish, potentially as early as Monday morning. Paramount is set to announce its earnings after the market close.

$Domino's Pizza(DPZ.US)$ The pizza chain's stock surged more than 5% after reporting first-quarter earnings that surpassed expectations, with earnings per share of $3.58 against the anticipated $3.39. The company also saw an increase in year-over-year U.S. same-store sales.

$Apple(AAPL.US)$ The tech behemoth's shares increased by over 2% following an upgrade from Bernstein to outperform, with analysts suggesting recent concerns about performance in China might be overstated and that now could be an opportune time for investment.

$SoFi Technologies(SOFI.US)$ Shares of the consumer fintech company advanced more than 2% after reporting first-quarter earnings that exceeded analysts' forecasts, with earnings of 2 cents per share on revenues of $581 million against the expected 1 cent per share on revenues of $556 million.

$Southwest Airlines(LUV.US)$ The airline's stock fell 1.2% after an analyst downgrade from Jefferies, which changed its rating to underperform in light of the company not meeting its revised guidance for first-quarter revenue per available seat mile (RASM).

$Lululemon Athletica(LULU.US)$ The athletic apparel retailer's shares decreased by 1.6% following a downgrade by Barclays to equal weight, citing changing consumer spending habits and intensifying competition in the market.

$AMC Entertainment(AMC.US)$ The movie theater chain's shares dropped over 1% after it preannounced a first-quarter loss of 62 cents per share, which was more favorable than the 79 cents per share loss estimated by FactSet. However, the company also warned that it anticipates continued pressure on box office performance in the second quarter due to the impact of last year's strikes.