Premarket movers Mag 7 names are mostly higher: Nvidia climbs 0.9%, with the chipmaker set to snap its seven-session losing streak as Wall Street awaits the company’s quarterly update due Wednesday. Meta Platforms +0.9%, Tesla +0.5%, Amazon +0.4%, Alphabet +0.4%, Apple -0.1%, Microsoft -0.2%. AI-linked stocks are rising and on track to end days of share price declines. Micron (MU) climbs 2%, Seagate (STX) gains +2%. Alibaba ADRs (BABA) rise 0.5% after the South China Morning Post reported that the company’s founder Jack Ma bought more than $76.5 million worth of the company’s Hong Kong-listed shares, citing people familiar with the matter. Dick’s Sporting Goods (DKS) falls 12% after lowering its full-year outlook amid weakness at its recently acquired Foot Locker unit, overshadowing sales gains during the World Cup. Dynatrace (DT) climbs 3% after Morgan Stanley upgraded the infrastructure software company to overweight, citing faster growth prospects. Kura Oncology (KURA) rises 9% after CEO Troy Wilson reported buying $1.24 million of shares in the company. Navitas Semiconductor (NVTS) gains 5% after the company announced a deal to acquire Claros Inc.