Good Morning Investors: Amazon is in talks with mobile carriers to offer low-cost mobile phone service to Prime subscribers and Lululemon Athletica (LULU) surged following strong Q1 results.

Here are our stocks to watch for today.

STOCKS TO WATCH: $T $NKE $XPEV $TQQQ $S

AT&T (T) - The stock traded lower following a report suggesting Amazon is in talks with mobile carriers to offer low-cost mobile phone service to Prime subscribers. Shares of Verizon (V) and T-Mobile (TMUS) were down in the premarket as well.

Nike (NKE) - Shares of the athletic apparel company were higher premarket in sympathy with Lululemon Athletica (LULU), which surged following strong Q1 results.

XPeng (XPEV) - Shares of Chinese EV stocks gained following a report suggesting the country will extend and optimize a tax exemption on new energy vehicles.

ProShares UltraPro QQQ (TQQQ) - This 3x leveraged Nasdaq ETF continues to gain amid strength in the tech sector this year on AI-related optimism. US Senate passage of a debt limit bill has also lifted the broader market on Friday, sending major indices higher.

SentinelOne (S) - Shares fell over 30% after the company issued weak Q2 guidance and saw multiple analyst downgrades.