Premarket Movers | Amazon, Marvell Jump Nearly 3%; Credo Gains over 4%; Drone Maker AEVEX Rallies Another 9%

TigerApr 21, 2026 8:05 AM

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Amazon.com stocks rose 2.91% in premarket trading. Amazon said on Monday that it will invest up to $25 billion in Anthropic, as the AI startup commits to ‌spending more than $100 billion over the next 10 years on Amazon's cloud technologies.

The deal deepens the two firms' relationship as Anthropic rushes to secure capacity to bolster its models.

Marvell Technology stocks jumped 2.72% in premarket trading after soaring 6% in the previous trading day. Google is exploring cooperation with chip designer Marvell Technology to develop two new customized chips for AI inference workloads.

Credo Technology rose 4.6% in premarket trading. In a report released on Monday, Christopher Rolland from Susquehanna reiterated a Buy rating on Credo Technology Group Holding Ltd, with a price target of $200.

Drone maker AEVEX kept rally 8.9% in premarket. AEVEX's shares jumped 35% in their debut on the New York Stock Exchange on Friday, signaling growing investor appetite for defense-linked businesses as governments ramp up military spending amid persisting geopolitical tensions.

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