Today's Pre-Market Movers and Top Ratings | TSLA, COIN, DJT, DXYZ and More

$Tesla (TSLA.US)$ stock rose 7.1% after the electric vehicle manufacturer's valuation surpassed the $1 trillion mark, driven by expectations of favorable treatment under President-elect Donald Trump due to Elon Musk's significant support during the campaign.

$Coinbase (COIN.US)$ stock soared 14%, benefiting from the sharp gains in bitcoin, the world’s most popular digital currency.

$Destiny Tech100 (DXYZ.US)$ Musk-related stocks rise, with DXYZ up over 29.3% in pre-market trading.

$Trump Media & Technology (DJT.US)$ stock increased by 8.1%, continuing its sharp gains after President-elect Donald Trump announced he had no intention of selling his shares in the company, which operates the Truth Social media platform.

$Novo-Nordisk A/S (NVO.US)$ stock climbed 1.6% after being added to JPMorgan’s Catalyst Watch list, indicating heightened anticipation as the company nears a critical development milestone.

$Cisco (CSCO.US)$ stock rose 1.2% following an upgrade by JPMorgan to ‘overweight’ from ‘neutral’, with expectations of further potential upside in the medium term.

$Sapiens International (SPNS.US)$ stock fell 16% after the insurance software company reduced its annual revenue forecast and reported third quarter results that fell short of expectations.

$Qualcomm (QCOM.US)$ Analysts have pointed out that Apple's first self-developed 5G modem could be the biggest risk Qualcomm faces. Supply chain analyst Ming-Chi Kuo predicts that the shipment of Apple's 5G chips will reach 35 to 40 million in 2025, and will rapidly increase to 90 to 110 million in 2026, and 160 to 180 million in 2027. Qualcomm shares declined by 0.3% in premarket.