Activision Blizzard (ATVI)

Shares of Activision surged 2.7% in premarket trading after Warren Buffet informed at the Berkshire annual meeting that the company had increased its stake in the videogame maker.

Bilibili (BILI)

Shares of the China-based online gaming company fell 4.2% in the premarket action after Jefferies slashed its price target to $51.30 from $61.50 per share, citing a recent cut in Bilibili’s revenue outlook due to the resurgence of Covid cases in China.

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Moody’s (MCO)

The credit ratings company’s stock fell 3.6% in the premarket after it missed earnings estimates by a penny per share, with a quarterly profit of $2.89 per share. Revenue was slightly higher than the analysts’ estimates. Moody’s cut its full-year revenue forecast due to its expectation of continued market volatility.

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Global Payments (GPN)

Global Payments’ stock fell 0.72% after reporting a quarterly profit of $2.07 per share, beating market estimates by 3 cents per share. Revenue also beat analysts’ estimates. The payments technology company said it is making progress with a strategic review of its Netspend consumer business.

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Moderna (MRNA)

The pharmaceutical and biotechnology company qsaid its Covid-19 vaccine for children under 6 years old will be ready for review by a Food and Drug Administration panel when it meets in Jane. Moderna applied for emergency use authorization for the treatment last week.

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Li Auto (LI) and Nio (NIO)

China-based EV makers reported a drop in April deliveries compared to a year ago, citing production hit from the resurgence of Covid in China. Li Auto slipped 1.7% in the premarket while Nio fell 2%.