Today's Pre-Market Stock Movers and Top Ratings: RIVN, COST, M, JKHY and More

$Rivian Automotive(RIVN.US)$ stock rose 1.3% after the EV manufacturer announced plans to use subscription models for monetizing various features in cars.

$Amazon(AMZN.US)$ stock rose 0.2% despite the U.S. Federal Trade Commission filing a long-awaited antitrust lawsuit against the online retail giant.

$Mattel(MAT.US)$ stock rose 2.4% after the toymaker posted a surprise profit in the second quarter and its sales exceeded market expectations, while the box office success of the "Barbie" movie is likely to help drive doll sales in the second half of the year.

$Marriott International(MAR.US)$ stock rose 0.1% after the hotel operator forecast two-year annualized global revenue per available room growth of 3% to 6% by 2025, expecting resilient international travel demand.

$MillerKnoll(MLKN.US)$ stock rose 16% after the upmarket furniture-maker raised its full-year profit outlook.

$Cardiff Oncology(CRDF.US)$ stock rose 19% after the biotechnology company announced favorable data from two cancer drug trials.

$Levi Strauss & Co.(LEVI.US)$ advanced 1.3% in premarket trading after TD Cowen initiated coverage of the stock at an outperform rating. TD Cowen said Levi's is in the early innings of a favorable denim cycle.

$Costco(COST.US)$ fell more than 1.9% even though Costco's fiscal fourth-quarter response came in better than expected. The company generated $4.86 in earnings per share on $78.9 billion of revenue. Analysts surveyed by LSEG were looking for $4.79 per share on $77.9 billion of revenue. Comparable sales were up just 0.2% in the U.S., however.

$Zions Bancorp(ZION.US)$ stock fell 2.2% after Morgan Stanley downgraded the lender to 'underweight' from 'equal weight', citing an elevated valuation after gains of over 70% since May lows.