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Stocks making the biggest moves premarket: Baidu, Wayfair, Tesla, Taiwan Semiconductor & more

Garry Wills by Garry Wills
January 2, 2026
in Business Finance
Stocks making the biggest moves premarket: Baidu, Wayfair, Tesla, Taiwan Semiconductor & more
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Check out the companies making the biggest moves in premarket trading: Baidu — The Chinese tech giant jumped 12% after it said it plans to spin off its semiconductor unit , Kunlunxin, and list it in Hong Kong. Wayfair , RH , Williams-Sonoma — The home goods retailers rose following President Donald Trump’s decision to delay a 30% tariff hike on upholstered furniture. Wayfair added 2.4% and RH gained 3.5%, while Wiliams-Sonoma moved 1.3% higher. Tesla — The EV-maker climbed 1.3% ahead of the release of its fourth-quarter deliveries data. Analysts polled by FactSet anticipate total deliveries of 426,000. Taiwan Semiconductor Manufacturing — The United States granted the chipmaker its annual license to import its equipment to China, sending shares 2.7% higher. Newmont , Freeport-McMoRan — The mining stocks rose together as gold and silver climbed to start 2026. Shares of Newmont were last higher by more than 2%, while Freeport-McMoRan gained nearly 2%. Li Auto , Nio — The Chinese EV makers rose 2.8% and 4.7%, respectively, after reporting vehicle deliveries for December. Li Auto delivered 44,246 units last month, while Nio delivered 48,135. Warby Parker — Shares ticked up nearly 2% after Loop Capital named the eyeglasses maker one of its top-pick stocks for 2026, citing the firm’s expanding EBITDA margins. The firm likes the risk/reward trade-off and said Warby Parker remains “one of the most compelling organic square footage growth stories in our coverage universe.” — CNBC’s Sarah Min, Fred Imbert and Liz Napolitano contributed reporting.



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