Salesforce signage outside office building in New York.
Scott Mlyn | CNBC
Check out the companies making the biggest premarket moves:
Advanced Micro Devices — The semiconductor maker rallied nearly 3% after being upgraded by Barclays to overweight from equal weight, which said it sees potential upside from direct-current and generative artificial intelligence. The firm also upgraded Qualcomm and Seagate Technology to overweight from equal weight. Qualcomm and Seagate both gained more than 2%.
Wayfair — The online retailer jumped more than 12% after being double upgraded to overweight from underweight by JPMorgan. The Wall Street firm cited improving market share trends and a better grasp on spending from management.
Salesforce — Salesforce shares gained more than 5% premarket on news that activist investor Elliott Management has reportedly taken a multibillion-dollar stake in the cloud-based software giant.
Shopify — The e-commerce company rose nearly 5% after being upgraded to…
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