Check out the companies making headlines before the bell: Electronic Arts — Shares rose 5% shortly after a consortium of investors led by Jared Kushner announced it had struck a $55 billion deal to acquire the videogame maker and take it private, confirming earlier reports. Cannabis stocks — The group surged after President Donald Trump posted a video on Truth Social touting the benefits of cannabinoids for seniors. The AdvisorShares Pure U.S. Cannabis ETF (MSOS) ripped 22% higher. Aurora Cannabis jumped 14%. Novo Nordisk — U.S.-listed shares of the Danish pharma stock fell 3.2% following Morgan Stanley’s downgrade to underweight from equal weight. Morgan Stanley cited rising competition in the GLP-1 space and other downside risks. Lam Research — The semiconductor equipment maker climbed 3% after a Deutsche Bank upgrade to buy from hold. The bank said Lam Research will benefit an improving outlook for wafer fabrication equipment and a valuation that’s somewhat in line with peers. Oracle – The database software company ticked up nearly 1% after questions around the AI trade sent the stock tumbling last week. Oracle is coming off an 8.2% weekly drop, its biggest since the week ended April 4, when it slid nearly 9%. AppLovin — Shares rose 2.7% after Morgan Stanley hiked its price target for the mobile technology company to $750 from $480. “On 10/1 APP will launch its self-serve t …
