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MARA Holdings shares fell 5.7% in pre-market trading after JPMorgan downgraded the Bitcoin miner to Underweight, citing concerns about its capital-light joint venture strategy and recent earnings miss.
Scholar Rock shares rose 9.1% in pre-market trading after FDA approval of ISEMBYLD for spinal muscular atrophy treatment in patients aged two and older.
Wheat futures traded mixed across three exchanges on Monday, with Chicago SRW and Kansas City HRW contracts declining while Minneapolis spring wheat showed mixed performance ahead of September contract expiration.
Soybean futures declined across multiple contract months, with the U.S. Department of Agriculture raising yield and production estimates while adjusting carryout projections for the upcoming crop year.
Corn futures declined early in the week following a monthly crop report showing lower U.S. yields, with December contracts down 6½ cents for the week.
Costco has raised the price of Kirkland Signature synthetic motor oil to $57.99 and limited purchases to two units per week amid global lubricant shortages linked to Middle East conflict and rising crude oil costs.
