4 stocks to watch on Tuesday: T, LLY, AMD, GM

[Man looking at currency trading app on his smart phone from his home office]
Alistair Berg

Stock index futures fell on Tuesday, as President Donald Trump fired Federal Reserve Governor Lisa Cook on Monday amid mortgage fraud allegations. Here are four stocks to keep an eye on:

AT&T (T [https://seekingalpha.com/symbol/T]) was up 0.7% in premarket trade as the company agreed to purchase [https://seekingalpha.com/news/4489098-att-strikes-23b-deal-to-buy-spectrum-licenses-from-echostar] certain wireless spectrum licenses from EchoStar for a total of approximately $23 billion. AT&T plans to fund the spectrum acquisition using a mix of cash on hand and additional debt.

Eli Lilly and Company (LLY [https://seekingalpha.com/symbol/LLY]) shares were up 2.7% in extended trading as the firm said that its oral weight loss therapy, orforglipron, reached [https://seekingalpha.com/news/4489112-eli-lilly-posts-phase-3-trial-win-obesity-pill] the main goals in a third Phase 3 trial. This allows the company to move forward with global regulatory submissions for the once-daily GLP-1 receptor agonist.

Advanced Micro Devices (AMD [https://seekingalpha.com/symbol/AMD]) rose 2.7% before the opening bell as IBM and the firm came together to develop next-generation computing architectures based [https://seekingalpha.com/news/4489101-ibm-and-amd-join-hands-to-build-future-computing] on the combination of quantum computers and high-performance computing, known as quantum-centric supercomputing.

General Motors (GM [https://seekingalpha.com/symbol/GM]) stock will be keenly watched after the firm was reportedly [https://seekingalpha.com/news/4489045-general-motors-to-recall-more-than-23500-cars-over-fuel-leak-issue---report] recalling over 23,500 Chevrolet Corvette vehicles in the U.S. due to a fuel leak issue. Shares are currently flat in premarket trade.

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* Eli Lilly Vs. Novo Nordisk: One Stock Is Massively Undervalued, The Other Overvalued [https://seekingalpha.com/article/4816247-eli-lilly-vs-novo-nordisk-one-stock-is-massively-undervalued-the-other-overvalued]
* AMD: This Is Your Exit Opportunity [https://seekingalpha.com/article/4816007-amd-this-is-your-exit-opportunity]
* AT&T: One Of The Best Prospects In The Market, Hands Down [https://seekingalpha.com/article/4816025-at-and-t-one-of-the-best-prospects-in-the-market-hands-down]
* Eli Lilly obesity pill orforglipron ready for FDA submissions after another trial win [https://seekingalpha.com/news/4489112-eli-lilly-posts-phase-3-trial-win-obesity-pill]
* IBM and AMD join hands to build future computing [https://seekingalpha.com/news/4489101-ibm-and-amd-join-hands-to-build-future-computing]