In the premarket, notable stock movers include Monster Beverage, Constellation Brands, and Arista Networks.

Take a look at some of the biggest movers in the premarket:

According to sources, negotiations between Monster Beverage and Constellation Brands are advancing. If the discussions proceed without any issues, an agreement may be reached in the near future. Constellation's stock price increased by 2.2% in the premarket, while Monster Beverage's stock price rose by 3.1%.

Arista Networks exceeded earnings and revenue estimates, with revenue topping Wall Street forecasts. The company also issued an optimistic outlook, causing its shares to increase by 10.1% in the premarket.

The restaurant operator exceeded expectations by 4 cents per share, achieving quarterly earnings of 74 cents per share. Additionally, revenue surpassed estimates. Despite misses at the Tim Hortons and Popeyes chains, Burger King's comparable-store sales met analysts' forecasts, helping to offset the shortfall.

BorgWarner reported a quarterly profit of $1.06 per share, exceeding the 75 cents a share consensus estimate and revenue forecasts. However, the company's full-year earnings forecast is below analysts' estimates, despite an anticipated increase in organic sales. BorgWarner's stock price increased by 1% in premarket trading.

After beating top- and bottom-line forecasts for its latest quarter, Marriott's shares rose 3% in the premarket. The hotel operator earned $1.30 per share, 31 cents a share above estimates, due to increased occupancy rates amid a rise in vaccinations.

Zoetis' premarket trading was up 2% after it reported better-than-expected quarterly results. The company beat estimates by 4 cents a share, with quarterly earnings of $1.00 per share. The improvement in its pet products business offset tepid results for livestock product sales.

Tower Semiconductor, which produces chips for various industries, including medical, automotive, and consumer products, was acquired by Intel for $5.4 billion, or $53 per share, a 60% premium over its Monday closing price. The deal caused Tower Semiconductor's stock to increase by 44.6% in premarket trading, while Intel's stock rose by 1.6%.

Advance Auto Parts reported a quarterly profit of $2.07 per share, beating analysts' estimates by 10 cents. Its revenue also exceeded expectations. Although sales were higher than the previous year, the auto parts retailer faced inflationary challenges, resulting in lower profit. Shares fell 1% in premarket trading.

The latest quarter's profit and revenue for the company exceeded expectations, thanks to the rise in rental activity and revenue per day, despite the increase in expenses.

Intuit's current-quarter forecast was lowered by the company as tax season began slowly. Despite this, the company maintained its full-year forecast, indicating that it believes revenue will be pushed to a later quarter. Intuit's stock fell 1% in premarket trading.