Buzz on social media: Wallstreetbets Stocks Up Before the Market Opens; Tesla, Amazon to Rise

Before the market opened on Wednesday, the most-discussed equities on the Reddit subforum Wallstreetbets were up, with Tesla TSLA taking the lead.

Premarket gains for the electric vehicle maker came after a more than 12% decline on Tuesday following the release of Q4 vehicle delivery data.

After falling 3.7% on Tuesday, Apple AAPL rose 1% in premarket trading. Without naming a source, Deadline claimed on Tuesday that the technology behemoth had apparently appointed Ricky Strauss, the former president of content and marketing at Disney+, as director of Apple TV+ marketing.

The parent company of Facebook, Meta Platforms, META, saw premarket gains of 1.2% and 3.7%. According to projections by Insider Intelligence, 48.4% of US digital advertising spending in 2022 will be made by Alphabet's GOOG Google and Meta, marking the first time since 2014 that the combined market share will fall below 50%.

Amazon.com Prior to the opening bell, AMZN had increased by 1.1%, adding to the previous session's 2.2% gain. The business announced on Tuesday that it has reached an arrangement with several lenders to get a $8 billion unsecured loan.

Other equities under consideration included Netflix NFLX, which was up 0.9% premarket following a little gain on Tuesday, and General Motors GM, which was up 0.8% premarket following a 0.5% gain on Tuesday. After losing 0.5% on Tuesday, Palantir Technologies PLTR increased by 0.8% in premarket trading.