Yesterday’s pre-market stock movers in the US saw a mix of gains and losses, with some companies reporting significant news that impacted their stock prices. Here are the key takeaways from yesterday’s market action:

* Meta Platforms (META) took a hit, down 0.4%, after announcing that it is freezing hiring in its AI division. The news sent a chill through investors, who are concerned about the impact of slower hiring on the company’s growth prospects.
* Coty (COTY) saw its stock plunge by 20% after reporting a surprise loss per share and issuing weak guidance for the future. Investors were unimpressed with the company’s performance, which raised concerns about its ability to compete in the beauty industry.
* Walmart (WMT) missed earnings expectations but still saw its stock rise by 2% on the back of a stronger-than-expected revenue beat. The company also raised its outlook for the full year, which gave investors renewed confidence in its growth prospects.
* Boeing (BA) saw its stock surge by 1.5% after reports emerged that it is in talks to sell as many as 500 planes to China. The news sent a positive signal to investors, who are optimistic about the company’s future growth prospects in the global aviation market.
* Darden Restaurants (DD) saw its stock rise by 1% after announcing that it has entered into a definitive agreement worth $12.3 billion to be taken private by Thoma Bravo. Stockholders will receive $70 per share in cash, which is a significant premium over the company’s current market value.
* Gilead Sciences (GILD) saw its stock fall by 2% after CVS Health held off adding the company’s new HIV prevention shot to its drug coverage lists. The news raised concerns about the potential impact of slower adoption on the company’s revenue growth prospects.
* Johnson & Johnson (JNJ) continued its US investment efforts with a $2 billion commitment to enable manufacturing at its North Carolina facility. The news sent a positive signal to investors, who are optimistic about the company’s future growth prospects in the healthcare sector.

Overall, yesterday’s market action saw a mix of gains and losses across different sectors, with some companies reporting significant news that impacted their stock prices. Investors remain cautious amid ongoing geopolitical tensions and concerns about the global economic recovery.