Alcoa pre-market Tuesday, poised to potentially add to recent gains after posting a 52-week intraday high of $40.31 on Monday, as the Biden administration unveiled new tariffs on Chinese electric vehicles, semiconductors, batteries, solar cells, steel and aluminum.

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Also, Tesla has to deal with stiff competition these days, with well-funded Chinese EV makers making things difficult.

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Amazon has been a major growth driver in the market's recovery, with its stock up 113% since the start of 2023 after tumbling 50% the year before. The company has rallied investors with an impressive turnaround in its e-commerce business and an expanding position in AI.

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The stock is up 14% year-to-date and 49% in the past 12 months. It also pays a dividend and has a yield of 0.62%. It announced a hike from $1.02 to $1.16 per share, a 13.7% YOY rise.

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With Palantir a week away from announcing its first-quarter results, the timing of the upgrade is noteworthy.

On Monday Palantir Technologies Inc (NYSE: PLTR) reported first-quarter earnings that met analysts’ expectations whilst revenue topped Wall Street targets even though U.S. commercial sales growth slowed.

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