In premarket trading, Goldman Sachs shares fell by more than 2% despite reporting earnings of $17.55 per share and revenues of $17.23 billion, surpassing analyst expectations. The bank's strong performance in equities trading and investment banking was not enough to prevent the decline. Best Buy experienced a 4% drop after being downgraded to 'sell' by Goldman Sachs, with analysts citing potential risks to sales from rising memory costs. Conversely, Williams-Sonoma saw its shares rise over 2% after receiving an upgrade to 'buy', with analysts praising its strong brand portfolio. Energy stocks also gained momentum as oil prices climbed above $103 per barrel, benefiting companies like Targa Resources and Chevron. However, cruise lines and airline stocks faced declines due to rising input costs and concerns over demand, with Carnival and United Airlines dropping by 4% and 2.5%, respectively. Palantir's shares rebounded by more than 2% after a significant sell-off the previous week.