Check out the companies making the biggest pre-market moves: Nvidia — The chipmaker rose slightly after CEO Jensen Huang said he expects orders for the company’s Blackwell and Vera Rubin chips to reach $1 trillion by 2027. Delta Air Lines — Shares rose more than 4% after the airline raised its first-quarter revenue growth outlook and called for low-single-digit expansion. The company had previously sought growth of 5% to 7%. Oil stocks — Oil stocks rose as traders questioned a U.S.-backed plan to escort tankers through the Strait of Hormuz and oil prices resumed rising. Exxon Mobil rose about 1% and Occidental Petroleum rose 1.4%. The State Street Energy Select Sector SPDR ETF (XLE) also rose 1%. Eli Lilly — The pharmaceutical giant fell 1.1% after HSBC downgraded its rating from hold to downgrade. Analysts at the bank said the overall market for obesity drugs appears to be “bloated.” He added: “We believe Lilly’s stock is perfectly priced, are uncomfortable with working capital trends and are optimistic about medium-term earnings trends.”
