Stocks to Watch: Amgen, Nike, Bloom Energy -- WSJ

By WSJ Staff

Amgen (AMGN): Shares of the biotechnology company, a major contributor to the Dow, shed more than 5% premarket after the Swiss drugmaker Novartis (CH:NOVN) said an experimental medicine failed to reduce cardiovascular risk in a late-stage clinical trial. Amgen and Eli Lilly (LLY) are working on rival treatments. Novartis shares tumbled 10% in Europe, while Eli Lilly shares ticked down.

Bloom Energy (BE): The fuel-cell maker is among the companies that will join the SP 500 later this month, SP Dow Jones Indices announced late Friday, sending its shares 4% higher premarket. Meanwhile, Nike (NKE) will be deleted from the SP 100. Its shares edged lower premarket.

Coinbase Global (COIN), Robinhood Markets (HOOD), Strategy (MSTR): Shares of companies tied to cryptocurrencies retreated in premarket trading as bitcoin's price slipped more than 1% to trade below $78,500.

GameStop (GME) is set to report earnings after markets close.

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(END) Dow Jones Newswires

September 08, 2026 05:07 ET (09:07 GMT)