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Early movers: TSLA, NKE, AAPL, ORCL & more

Getty Images. A pattern of huge trades on the VIX is turning heads. And even after losing some $75 million, the mystery buyer shows no signs of slowing down.

Check out which companies are making headlines before the bell:

Thor Industries (THO) — The recreational vehicle maker is buying privately held RV-related products maker Jayco Corp. for $576 million in cash.

Micron Technology (MU) — The chipmaker reported an adjusted loss of eight cents per share, one cent a share smaller than expected. Revenue was slightly below Street estimates. Micron also said it would cut jobs as part of an effort to lower costs as demand for the company's memory chips continues to decline.

Tesla Motors (TSLA) — Tesla is the subject of a preliminary investigation by federal regulators, following the disclosure of a fatal accident involving a Tesla Model S being driven in autopilot mode. Tesla said it informed regulators immediately after the crash occurred on May 7.

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Nike (NKE) — Nike co-founder Phil Knight retired as chairman of the athletic apparel and footwear maker. CEO Mark Parker will take the chairman's role, while Apple (AAPL) CEO Tim Cook was named lead independent director. Cook has been on the Nike board of directors since 2005.

Williams Cos. (WMB) — Williams saw six of its directors resign, after an attempt to remove Chief Executive Officer Alan Armstrong failed, according to Reuters. The departures come after Energy Transfer Equity (ETE) abandoned its more than $20 billion deal to buy its rival pipeline operator.

Apple (AAPL) — Apple is in talks to buy Jay Z's music service Tidal, according to a Dow Jones report. A Tidal spokesman, however, said its executives had not talked with Apple.

Oracle (ORCL) — Oracle was ordered to pay Hewlett-Packard Enterprise (HPE) $3 billion in damages in a case involving support for the former Hewlett-Packard's Itanium servers. Oracle said it would appeal the verdict.

BHP Billiton (ASX:BHP-AU) — BHP will appeal a Brazilian court's decision to reinstate a $6 billion claim against the mining company related to last year's disaster involving the Samarco iron ore mine.

Walt Disney (DIS) — Disney will buy a 33 percent stake in the video unit of Major League Baseball's digital operation, MLB Advanced Media, according to a Bloomberg report. The deal values the business at about $3.5 billion.

Hershey (HSY) — Hershey will remain on watch today, after rejecting a $23 billion takeover bid from Mondelez (MDLZ) yesterday.

Starbucks (SBUX) — Starbucks was accused of slashing employee work hours in an online petition that's been signed by more than 9,000 people. The company said there was no nationwide cutback in labor hours or jobs at the coffee chain's stores.

Chipotle Mexican Grill (CMG) — Chipotle's chief creative and development officer, Mark Crumpacker, was accused of being one of 18 alleged buyers in a New York cocaine ring case.

Questions? Comments? Email us at marketinsider@cnbc.com



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