By Caitlin Ostroff
-- Amazon.com](https://www.wsj.com/market-data/quotes/AMZN) and [Alphabet (https://www.wsj.com/market-data/quotes/GOOG) will report quarterly earnings after markets close Tuesday. Both companies are expected to have benefited from a surge in online holiday shopping. -- Some of the most heavily traded stocks among individual investors fell in premarket trading Tuesday after rallies last week. Shares of GameStop] (https://www.wsj.com/market-data/quotes/GME) fell 23%, [AMC Entertainment Holdings (https://www.wsj.com/market-data/quotes/AMC) declined 21% and headphone manufacturer Koss dropped 24%. -- Silver prices slipped early Tuesday after a leading metals exchange slapped higher margin requirements on traders. Comex silver futures were down 6% at $27.68 a troy ounce. -- Shares in blank-check company Holicity (https://www.wsj.com/market-data/quotes/HOLUU) rallied 68% premarket. Space-launch company Astra said Tuesday it is going public via a merger with the SPAC in a deal with an enterprise value of about $2.1 billion. -- United Parcel Service (https://www.wsj.com/market-data/quotes/UPS) shares gained 3.4% premarket after the package-delivery giant posted an adjusted profit and revenue that rose above forecasts.
Click here for a full briefing on what to watch when markets open Tuesday (https://www.wsj.com/articles/gamestop-ups-silver-what-to-watch-when-the-stock-market-opens-today-11612267341?mod=latest_headlines).
NOTE: In-line links reference additional content of interest chosen by the WSJ news team.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
02-02-21 0802ET