During Premarket hours on Tuesday (22.09.2020):

Oracle (Symbol: ORCL) – Oracle remains on watch on mixed messages over whether its deal to take a 12.5% stake in TikTok Global will be approved by the Chinese government. Walmart would take a 7.5% stake, but the state-backed Global Times newspaper said Beijing was unlikely to approve what it called an “unfair” deal.

Amazon.com (Symbol: AMZN) – Bernstein upgraded Amazon to “outperform” from “market perform,” saying a 16% drop in the stock over the past few weeks has created an attractive entry point. Bernstein highlights Amazon’s growth prospects, noting a 50% increase this year in fulfillment capacity.

AutoZone (Symbol: AZN) – The auto parts retailer reported fiscal fourth-quarter earnings of $30.93 per share, beating the consensus estimate of $25.01 a share. Revenue was also above forecasts, with comparable sales more than doubling estimates with an increase of 21.8%. AutoZone said market conditions remain uncertain heading into the new fiscal year.

During Market hours on Monday (21.09.2020):

Stocks fell sharply on Monday as fears about the worsening coronavirus as well as uncertainty on further fiscal stimulus rattled traders.

The Dow Jones (Symbol: DIA) dropped 1.84%. The S&P 500 (Symbol: SPY) lost 1.11% while the Nasdaq (Symbol: QQQ) fell 0.24%. Monday’s decline put the Dow on pace for its worst day since June 11, when it plunged more than 6%.

Nikola (Symbol: NKLA), General Motors (Symbol: GM) — Nikola tanked more than 20% after announcing its founder Trevor Milton is voluntarily resigning. Earlier this month, the electric carmaker was accused by Hindenburg Research of making false statements about Nikola’s technology in order to grow and secure partnerships with auto companies, including General Motors. GM announced earlier this month that it’s taking an 11% stake in Nikola worth about $2 billion. Shares of GM lost more than 5%.

Oracle (Symbol: ORCL), Walmart (Symbol: WMT) — Oracle and Walmart shares rose 1.9% and 1.3%, respectively after President Donald Trump said over the weekend he approved a deal in which the two companies would partner with social video app TikTok in the U.S. “I approved the deal in concept,” Trump said Saturday.

Roku (Symbol: ROKU) — The streaming video stock jumped nearly 18% after Roku struck a deal with NBCUniversal, CNBC’s parent company. The deal will make NBC’s Peacock streaming service available on Roku devices. Comcast CEO Brian Roberts said last week that the new streaming service has 15 million sign-ups.

Illumina (Symbol: ILMN) — Shares of the biotech company fell more than 8% after the company announced an $8 billion deal for Grail, a cancer screening company. Illumina founded Grail in 2016 before later spinning it off. Grail shareholders will get a mix of stock and cash at the close of the deal and future payments tied to Grail’s revenue, according to a news release.

Norwegian Cruise Line (Symbol: NCLH) — The cruise operator slipped almost 8%, as did shares of Royal Caribbean (Symbol: RCL), on the back of rising coronavirus numbers. The two companies submitted a report to the U.S. Centers for Disease Control and Prevention providing a set of health and safety protocols, aimed at allowing their return to sea, according to Reuters. Carnival Corporation (Symbol: CCL) slid more than 7%.

Delta Air Lines (Symbol: DAL) — The airline company’s stock slid more than 9% amid broad weakness in the sector as Covid-19 cases climb. United Airlines (Symbol: UAL) was also down 9%, Southwest (Symbol: LUV) fell 6%, while American (Symbol: AAL) slid more than 7%.