Tesla, Dollar Tree, Boeing, Lucid: What to Watch When the Stock Market Opens Today

Stock futures inched higher after major Wall Street indexes snapped their weekly winning streak. Here’s what we’re watching before Monday’s opening bell:

  • U.S.-traded shares of Royal Dutch Shell gained more than 2% premarket after it said it would scrap its dual share structure and shift its tax residence to the U.K. It is also dropping the “Royal Dutch” from its name.
  • Activist investor Mantle Ridge has at least a $1.8 billion stake in Dollar Tree and plans to push the discount retailer to take action to boost its share price. Shares of the discount retailer jumped 4.9% premarket.
  • Tesla was down 2.4% premarket. Elon Musk sold roughly $6.9 billion worth of Tesla stock last week in one of the largest-ever stock disposals by a chief executive over a several-day period.
  • Gores Guggenheim , the blank-check firm that is merging with electric-vehicle maker Polestar, jumped more than 12% ahead of the bell.
  • Roblox shares were on the rise again, adding 3.6% premarket. The company’s stock had already gotten a big boost last week after it reported better-than-expected earnings.
  • WeWork , Tyson Foods and CareMax are among the companies reporting earnings before the open.
  • Boeing shares added around 2% premarket after it said over the weekend that it had received new orders for its converted freighters.
  • Lucid Group , Advance Auto Parts ,   J&J Snack Foods and  Casper Sleep will give updates after the close.
Chart of the Day
  • A three-decade high in inflation has broken gold from its long 2021 rut, a sign investors are seeking greater protection from the prospect of lingering consumer-price increases. 

Write to James Willhite at james.willhite@wsj.com