"Stocks Soaring: Palantir, PepsiCo, Rivian, and More Make Big Pre-Market Moves"
Palantir's shares rose 2.3% after securing a $250 million contract from the U.S. Army for AI and machine learning testing; Unity Software's stock surged nearly 6% following the announcement of CEO John Riccitiello's retirement and the appointment of James M. Whitehurst as interim chief; Rivian Automotive saw a 3% increase in premarket trading after being upgraded to buy by UBS, citing improved fundamentals and potential upside; PepsiCo's shares rose approximately 1% after beating third-quarter earnings expectations; Ameris Bancorp's stock rose 1% after being upgraded to buy by DA Davidson due to its insulation from unrealized losses tied to higher interest rates.