See the companies making headlines in premarket trading. Berkshire Hathaway – Class A shares rose 1.2% Monday morning after the conglomerate posted 39% year-over-year growth in operating profit. The Warren Buffett-led company also saw its cash holdings rise to record levels, approaching $200 billion. Paramount – Shares fell 2.4% on a report that the owner of Paramount Pictures and CBS Entertainment Group entered formal takeover negotiations with a group led by Sony Pictures Entertainment and Apollo. Elsewhere, Warren Buffett admitted this weekend that he sold Berkshire's entire stake in Paramount at a loss. Spirit Airlines – The discount carrier fell 4% premarket after reporting a loss of $1.46 per share in the first quarter, wider than a FactSet analyst consensus estimate of a loss of $1.45 per share. Sales were in line with expectations. Spirit also forecast second-quarter revenue in the range of $1.2 billion to $1.34 billion, below a FactSet estimate of $1.46 billion. Li Auto – The Chinese electric vehicle maker's U.S. shares rose 6.7% on solid order data for the L6 model. The L6 started deliveries last month. Tyson Foods – Shares rose 2.1% after Tyson posted second-quarter adjusted earnings of 62 cents per share, above the 39 cents per share expected by analysts polled by StreetAccount. On the other hand, revenue of $13.07 billion fell short of the consensus estimate of $13.15 billion. Starbucks — Shares rose 1% after a LinkedIn post from former CEO Howard Shultz, who told the coffee chain it needs to rebuild its U.S. operations — and how to do that. Starbucks published weaker-than-expected quarterly figures and revenue last week. Victoria's Secret — Intimate apparel stocks fell 5% before the bell. Morgan Stanley downgraded Victoria's Secret to underweight and lowered its price target, citing expectations for negative EPS revisions and a tough second half for the specialty retailers. EHang Holdings – Autonomous aircraft stocks are up 3.2% after a bullish start to Morgan Stanley's research coverage. The bank started beating EHang with an overweight rating, calling the company “ready to go” amid growing support from regulators and the government in China. United States Steel – Shares of the Pittsburgh-based steelmaker rose more than 2% after Morgan Stanley upgraded it to overweight from equal weight. US Steel shares have room to rise on internal improvements even if Nippon Steel's buyout deal falls through, Morgan Stanley said in a note. Coinbase – The crypto stock rose 2.4% after Barclays raised its price target, implying less downside for the stock. The bank's move comes after Coinbase reported better-than-expected earnings last week. Bausch + Lomb – The Canadian eye health stock's U.S.-listed shares rose 2.9% after an upgrade to equal weight overweight at Morgan Stanley. The investment bank said the market is likely to overlook Bausch + Lomb's progress in expanding core profit margins. Johnson Controls – Construction technology stocks fell 1.1% after UBS downgraded it to neutral from buy. UBS says Johnson Controls is lagging behind its peers and faces a difficult path to meeting 2024 expectations. – CNBC's Sarah Min, Tanaya Macheel, Jesse Pound, Michelle Fox and Samantha Subin contributed reporting