By Liz Napolitano
Publication Date: 2026-02-02 12:42:00
Check out the companies making headlines before the bell. Oracle — The software giant traded more than 3% higher, reversing an earlier decline. Oracle on Sunday announced a plan to raise up to $50 billion to increase AI capacity for its customers. A TD Cowen analyst also predicted the firm would consider layoffs ease free up cash flow pressures. Nvidia — The stock edged down 1% after a Wall Street Journal reported said the company’s $100 billion OpenAI investment had stalled. Nvidia CEO Jensen Huang said a “huge investment” is still planned, however. Rare earths companies – U.S. President Donald Trump is set to invest $12 billion in a critical minerals stockpile to counter China, per Bloomberg . The report sent shares of several rare earths firms higher. Critical Metals advanced 8%, while Energy Fuels and Idaho Strategic Resources gained 5% and 1%, respectively. Newmont , Freeport-McMoRan – The mining firms added about 1% to their shares as gold and silver prices rebounded from Friday’s correction. Disney — Disney shares rose 2% after the company topped estimates on both revenue and earnings for the fiscal first quarter. The experiences division, which includes Disney’s theme parks, resorts and cruises, crossed $10 billion in quarterly revenue for the first time. Tesla — Shares shed 2% following a Bloomberg News report that Waymo is looking to raise $16 billion at a valuation of around $110 billion — raising concern over Tesla’s current valuation. The move…