Check out the companies that make headlines in pre-market transactions. Automakers – Legacy automakers have been extended after investors were worried about the lack of resolution to President Donald Trump’s controversial tariff policy announced last week. Stellantis plunged more than 9%, and Ford slid nearly 3%. General Motors pulled back 5% after Bernstein downgraded its stock and reduced market performance. Tesla – Electric car company stocks sank nearly 7% amid the wreckage of the wider market. The Elon Musk-Helmed EV company pulled back more than 40% in 2025 and nearly 8% in April. This has been hit by the supply chain headwinds caused by Trump’s tariffs and Musk’s political activities. Elsewhere, the infamous Tesla Bull Dan Ives reduced stock price targets over “issue of self-created brands.” Big Tech – Stocks in US Megacap Tech companies continue to decline due to worry caused by Trump administration tariffs. Shares of Apple, which manufactures devices in China, have flowed 4% in pre-market trading. Nvidia, which manufactures new chips in Taiwan and assembles artificial intelligence systems in Mexico and other countries, lost 6%. Alphabet, Microsoft and Amazon each fell by more than 2%. Meta was almost 4% off. Bitcoin Stocks – Bitcoin-related stocks struggled as cryptocurrency fell below $77,000. The trading platform Coinbase slides about 9%, while Bitcoin Proxy MicroStrategy fell over 10%. Mara Holdings and Riot Platform are among the miners, with stocks down more than 11% and 9% respectively. Major Banks – Bank stocks fell again on Monday as investors worried about a potential economic recession. JPMorgan Chase stock fell nearly 4% as CEO Jamie Dimon warned in an annual letter that new tariffs would promote inflation and hurt the US economy. Stakes in Citigroup and Morgan Stanley each lost more than 4%. Goldman Sachs lost 5% after a Wall Street downgrade. Palantir – Defense technology stocks and retail investors’ favorite stocks plummeted over 9%, extending losses during market sales last week. Last week, stocks fell more than 13% after renounced the animal spirit on the market. Stocks have fallen by more than 2% per year. China’s ADRS – Chinese companies’ US listed stocks posted declines as investors continued to fear how new tariffs could hurt businesses. Alibaba, JD.com, and Bilibili are all over 8% pigeons. PDD lost over 6% and Weibo retreated over 4%. International ETFS – Some funds tracking international stocks have been hit after Commerce Secretary Howard Lutnick said wages would remain despite the backlash. For example, the iShares MSCI Taiwan ETF (EWT) fell by more than 6%, while the Ishares MSCI China ETF (MCHI) slipped over 5%. The iShares MSCI MEXICO ETF (EWW) and the Ishares MSCI Canada ETF (EWC) each flowed about 2%. Dollar Tree – Value-focused retailers were able to beat the down market, with stocks rising almost 1%. City upgraded its stocks to buy from Neutral and calls Dollar Tree the “dark horse winner” in the World Trade War. Machinery Stocks – Stocks in the major US-based machinery company fell amid tariff concerns, with Caterpillar, Unified Rental and Camine slipping over 4% each, and Paccar dropping nearly 3%. UBS downgraded all of these names to be sold on Monday, saying that the subsequent trade war could lead to machine demand destruction as a result of rising prices. – For donations made by CNBC’s Sean Conlon, Brian Evans, Jesse Pound and Pier Singh, join the New York Stock Exchange! An uncertain market? Earn Edge with CNBC Pro Live, the first exclusive event on the historic New York Stock Exchange. Access to expert insights is paramount in today’s dynamic financial situation. As a CNBC Pro subscriber, we recommend attending the first exclusive and in-person CNBC Pro live event held at the iconic NYSE on Thursday, June 12th. You will also get the opportunity to network with CNBC experts, talent and other pro subscribers during exciting cocktail hours on the legendary trading floor. Tickets are limited!
