Check out the companies making headlines in front of the bell: Semtech – Semiconductor manufacturers have 8-K filings that have net sales in 2026 from copper products used in active copper cables. It plummeted over 28% after warning that it was currently poorly performed. Rack architecture changes. “Semtech also said it does not expect to launch during that fiscal year. The stock was over 6% higher after the BP – Wall Street Journal reported. According to the report, Elliott will drive changes to improve BP performance. Steel and Aluminum Inventory – Shares in steel and aluminum-related companies rose after President Donald Trump said he plans to announce a 25% tariff on metals on Sunday. Cleveland-Cliffs and Nucor won about 7%, while fellow steel producers Steel Dynamics and US Steel respectively increased by over 5% and 4%, respectively. Meanwhile, Alcoa, an aluminum company, has climbed over 5%. Tesla – Shares of the electric car maker fell more than 1% on Monday before the Bell. Stifel lowered its stock price target, citing fourth quarter results and pricing concerns. This followed a decline of more than 3% in stocks on Friday. Shopify – Commerce Stock stock added 3.3% following benchmark upgrades. The company’s call comes ahead of Shopify’s revenue report scheduled for Tuesday. Meta Platform – The tech giant’s stocks rose about 1%, ready to extend their all-time high winning streak. Metaplatform stocks rose 15 consecutive sessions on Monday. This is the longest winning streak since the company’s first public offering in 2012, according to the custom investment group. The move comes amid reports that the company plans to cut its workforce by about 5%. McDonald’s – The fast food giant rose 1.5% after reporting mixed results for the fourth quarter. According to LSEG, adjusted earnings are $2.83 per share, meeting expectations. However, revenues were $63.9 billion, which was not below the consensus estimate of $6.444 billion. McDonald’s 0.4% sales growth for the same store exceeded the 1% decline expected from analysts voted by StreetAccount. Super Micro Computer – A 4% up almost 4% from the second quarter revenue results scheduled after Tuesday’s bell. The stock has been on track for the fifth consecutive year of victory sessions, earning around 19% this year. – CNBC’s Fred Invert, Alex Hurling, Jesse Pound, Hakyung Kim, Lisa Kailay Han and Michelle Fox Theobaldo contributed to the report.