Check out the companies making the biggest pre-market moves: Oil stocks — Shares of major U.S. oil companies soared in the wake of the U.S. attack on Venezuela that led to the ouster of leader Nicolas Maduro, as they are seen as beneficiaries of the country’s rebuilding of its energy infrastructure. Chevron, which already has a presence there, jumped 7%, and Exxon Mobil rose 4.2%. Oilfield services giant Halliburton soared 9%. Uber Technologies — The transportation platform fell 1% after Melius Research was downgraded from hold to sell. The company wrote that Uber is highly at risk from increased competition, such as if Waymo, Tesla or others announce standalone expansions in the U.S. market, and said such potential headwinds do not appear to be fully factored into the current stock valuation. Phillips 66 — The oil refiner rose more than 1% after agreeing to buy assets and related infrastructure from the Lindsay Refinery, which is being liquidated by a formal receiver, for an undisclosed sum. The business will be incorporated into Philips’ Humber refinery in the U.K. Arrowhead Pharmaceuticals — The Pasadena, Calif.-based biotech rose nearly 3% after Health Canada approved its Redenpro drug, which lowers triglycerides in adults. Mobileye — The self-driving car technology maker rose 4% after Barclays upgraded it from equal weight to overweight. The bank cited a “favorable” risk/reward rationale for the rating change. QXO — The roofing and construction products distributor rose 9% after securing a $1.2 billion preferred equity investment led by private equity giant Apollo. Nvidia, Micron — The chipmakers started the week up 1.2% and 3.8%, respectively. This rally pushed S&P 500 and Nasdaq 100 futures higher. Duolingo — The language teaching app rose 4% after Bank of America upgraded its stock from Neutral to Buy. “We believe (Duolingo’s) value proposition as an entertainment product is not reflected in our growth projections,” BofA said in a note. —CNBC’s Lisa Kailai Han and Scott Schnipper contributed reporting.
