Check out the companies making headlines before the bell. Tesla — Stock in the electric vehicle company ticked up roughly 2% after a report from Reuters said Tesla plans to build and produce electric vehicles that will sell for 25,000 euros at a factory near Berlin. The move has been long anticipated as Tesla attempts to make more affordable EVs.
reported early Monday that Citigroup is looking to cut at least 10% of jobs across several of its major businesses as part of CEO Jane Fraser's corporate overhaul, known internally as "Project Bora Bora." Nvidia — The semiconductor stock added 1.1% premarket Monday, lifted by Bank of America's optimism about Nvidia's quarterly earnings due Nov. 21. The bank said Nvidia should beat quarterly expectations and issue improved guidance, as investors look for insights into how U.
's Brian Evans, Jesse Pound, Michelle Fox Theobald and Scott Schnipper contributed reporting.
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