Short interest for Asset Entities gives investors a sense of the degree to which investors are betting on the decline of Asset Entities's stock. Short interest data is updated every two weeks.

Asset Entities Stock (NASDAQ:ASST), Short Interest Report

Asset Entities

Asset Entities Inc is an Internet company providing social media marketing, content delivery, and development and design services across Discord, TikTok, and other social media platforms. It has three categories of services: 1) provide subscription upgrades to premium content on investment education and entertainment servers on Discord. 2) codevelop and execute influencer social media and marketing campaigns for clients. 3) design, develop and manage Discord servers for clients under "AE.360.DDM" brand.

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Shares of  FedEx Corporation (NYSE: FDX) rose sharply in today’s pre-market trading after the company reported better-than-expected earnings for its third quarter and authorized a new $5 billion 

Why FedEx Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket

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Shares of  FactSet Research Systems Inc. (NYSE: FDS) fell sharply during Thursday’s session after the company reported worse-than-expected second-quarter revenue and issued FY24 guidance.

Why FactSet Research Shares Are Trading Lower By Around 5%? Here Are Other Stocks Moving In Thursday&#39;s Mid-Day Session

dropshipping ecommerce

Asset Entities shares are trading higher Thursday after the company announced it has entered into an agreement with ecommerce and dropshipping company, Zendrop. 
Asset Entities said it will be providing services including a suite of customer relationship management (CRM) solutions, Discord customer analytics and payment processing through the Ternary platform for payment processing for Discord communities.

Why Asset Entities Stock Is Trading Higher

Asset Entities Inc. - Class B Common Stock

Asset Entities Inc

<a href="https://www.minneapolisfed.org/speeches/2024/fireside-chat-with-meel-kashkari-at-williston-basin-conference" title="https://www.minneapolisfed.org/speeches/2024/fireside-chat-with-meel-kashkari-at-williston-basin-conference">https://www.minneapolisfed.org/speeches/2024/fireside-chat-with-meel-kashkari-at-williston-basin-conference</a>

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Fed's Kashkari Says Fed Is Focused On Underlying Demand In The Economy To Get Inflation Down; Americans Have Been Spending More Than I Would Have Expected

JP Morgan analyst Mark Strouse downgrades Altus Power (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPS#NYSE">AMPS</a>) from Overweight to Neutral.

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JP Morgan Downgrades Altus Power to Neutral

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SPWR

SunPower shares are trading lower after Wolfe Research downgraded the stock from Peer Perform to Underperform. The stock is also experiencing continued volatility amid increased retail investor interest.

To gain an edge, this is what you need to know today.
<img alt="" src="https://thearorareport.com/wp-content/uploads/2024/05/2024-05-15_08h50_04.png" style="height:341px; width:624px" />
<h3>Cooler Inflation Data</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-cpi-inflation-doctor-copper-spy-mc-05152024">click here</a> for an enlarged chart of SPDR S&amp;P 500 ETF Trust (ARCA:SPY)&nbsp;which represents the benchmark stock market index S&amp;P 500 (SPX).
Note the following:
<ul>
<li>The chart shows that the stock market is breaking out above the resistance zone.</li>
<li>The chart shows a highly unusual occurrence &ndash; RSI is at 100.&nbsp;This is the most extreme overbought level.&nbsp;The extreme overbought level indicates that either the stock market is ready for another strong up leg, or the breakout is going to fail.</li>
<li>Sentiment is extremely positive. At extremes, sentiment is a contrary indicator.&nbsp;In plain English, extreme positive sentiment is a sell signal.&nbsp;However, it is important to remember that sentiment is not a precise timing indicator.</li>
<li>In The Arora report analysis, based on the other macro and fundamental data, there is about a 40% probability that the breakout will fail even though technicals are very strong.</li>
<li>Consumer Price Index (CPI) came slightly cooler than expected.&nbsp;Here are the details:
<ul>
<li>Headline CPI came at 0.3% vs. 0.4% consensus.</li>
<li>Core CPI came at 0.3% vs. 0.3% consensus.</li>
</ul>
</li>
<li>As most investors are elated over the CPI number, prudent investors need to remember that on an annualized basis, core CPI is still 3.6%.&nbsp;The Fed&rsquo;s target is 2%.&nbsp;Further, prudent investors need to remember that goods inflation is coming down due to over production in China, but services inflation is still sticky.&nbsp;&nbsp;&nbsp;</li>
<li>The U.S. economy is 70% consumer based.&nbsp;For this reason, prudent investors pay attention to retail sales.&nbsp;Here is the latest retail sales data.
<ul>
<li>Headline retail sales came at 0.0% vs. 0.4% consensus.</li>
<li>Retail sales ex-auto came at 0.2% vs. 0.2% consensus.</li>
</ul>
</li>
<li>Retail sales data shows that the consumer is finally pulling back.&nbsp;This will negatively impact earnings.&nbsp;In the long run, the single best determinant of the stock market is earnings. However, at least for today, elated investors are not thinking far ahead about earnings.</li>
<li>It is said that copper has a Ph.D. in economics.&nbsp;That is why it is called Dr. Copper.&nbsp; When the economy is booming, demand for copper goes up.&nbsp;In recessions, demand for copper drops. Copper futures in New York just hit a new high. Copper is also heavily used in electric vehicles and solar panels.&nbsp;Heavy demand for electricity by artificial intelligence data centers will also increase copper demand.</li>
<li>In The Arora Report analysis, the new high in copper is not indicative of the economy but is due to a vicious short squeeze.&nbsp;The trigger for the short squeeze is investors looking for a derivative play on artificial intelligence.&nbsp;&nbsp;
<ul>
<li>As full disclosure, one of the largest copper producers Freeport-McMoRan Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fcx#NYSE">FCX</a>) is in The Arora Report&#39;s ZYX Buy Model Portfolio.&nbsp; FCX operates in both North and South America, but its most important mines are in Indonesia.&nbsp; iShares MSCI Indonesia ETF&nbsp;(NYSEARCA: EIDO) is in The Arora Report&#39;s ZYX Emerging Model Portfolio.</li>
<li>As full disclosure, a&nbsp;copper producer First Quantum Minerals Ltd (OTC: <a class="ticker" href="https://www.benzinga.com/stock/fqvlf#OTC">FQVLF</a>) is in&nbsp;The Arora Report&#39;s ZYX Buy in the portfolio that surrounds the core Model Portfolio.&nbsp; FQVLF is a Canadian company that is a buyout target.&nbsp;&nbsp;</li>
<li>For those who like ETFs, SPDR S&amp;P Metals &amp; Mining ETF (ARCA: XME) as well as commodities ETF Invesco Optimum Yld Dvsfd Cmd Str No K-1 ETF&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pdbc#NASDAQ">PDBC</a>) are in The Arora Report&#39;s ZYX Allocation Model Portfolio.</li>
</ul>
</li>
</ul>
<h3>Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in Alphabet Inc Class C (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>), Meta Platforms Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meta#NASDAQ">META</a>), NVIDIA Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>), and Tesla Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>).
In the early trade, money flows are neutral in Apple Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>), Amazon.com, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>),&nbsp; and Microsoft Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>).
In the early trade, money flows are positive in SPDR S&amp;P 500 ETF Trust (ARCA:SPY) and Invesco QQQ Trust Series 1 (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqq#NASDAQ">QQQ</a>).
<h3>Momo Crowd And Smart Money In Stocks</h3>
The momo crowd is aggressively buying stocks in the early trade.&nbsp;Smart money is inactive in the early trade.
Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling.&nbsp;Over a long period of time, investors come out ahead by adopting smart money&rsquo;s ways.&nbsp;The exception is in a raging bull market &ndash; for very, very short term trades, consider following the momo crowd and not smart money.
<h3>Gold</h3>
The momo crowd is buying gold in the early trade.&nbsp;Smart money is inactive in the early trade.
For longer-term, please see gold and silver ratings.
The most popular ETF for gold is SPDR Gold Trust (ARCA:GLD). The most popular ETF for silver is iShares Silver Trust (ARCA:SLV).&nbsp;
<h3>Oil</h3>
API crude inventories came at a draw of 3.104M barrels vs. a consensus of a draw of 1.350M barrels.
The momo crowd is selling oil in the early trade.&nbsp;Smart money is inactive in the early trade.
For longer-term, please see oil ratings.
The most popular ETF for oil is United States Oil ETF (ARCA:USO).
<h3>Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is being aggressively bought on lower CPI.&nbsp;This again busts the myth propagated by the whales that bitcoin is an inflation hedge.&nbsp;The hard data shows that bitcoin is not an inflation hedge, but rather an instrument for speculation.&nbsp;&nbsp;
<h3>Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp;The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3>Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of seven year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

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Investors Elated On CPI Data, Dr. Copper At A New High On Short Squeeze

HC Wainwright &amp; Co. analyst Heiko Ihle reiterates Gold Royalty (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GROY#AMEX">GROY</a>) with a Buy and maintains $5.75 price target.

Price Target

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GROY

HC Wainwright & Co. Reiterates Buy on Gold Royalty, Maintains $5.75 Price Target

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House Republicans Propose Legislation To Increase Tariffs On Chinese-Made Drones By 30%, According To A Statement

Marvell Tech's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NYSE">MRVL</a>) short percent of float has risen 35.39% since its last report. The company recently reported that it has 24.18 million shares sold short, which is 3.29% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.92 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Marvell Tech Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715789720_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Marvell Tech has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Marvell Tech's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Marvell Tech's peer group average for short interest as a percentage of float is 4.33%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

MRVL

(MRVL) - Analyzing Marvell Tech's Short Interest

Academy Sports's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NYSE">ASO</a>) short percent of float has fallen 11.32% since its last report. The company recently reported that it has 4.35 million shares sold short, which is 10.5% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.24 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Academy Sports Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715789716_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Academy Sports has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Academy Sports's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Academy Sports's peer group average for short interest as a percentage of float is 14.62%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Academy Sports's Recent Short Interest

Bloom Energy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) short percent of float has risen 3.75% since its last report. The company recently reported that it has 38.75 million shares sold short, which is 27.64% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.9 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Bloom Energy Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715789711_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Bloom Energy has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Bloom Energy's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Bloom Energy's peer group average for short interest as a percentage of float is 7.26%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(BE) - Analyzing Bloom Energy's Short Interest

AMC Entertainment Holdings Inc.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) stock surged this week for the first time since retail investors rallied around the movie theater chain in 2015 when Adam Aron took over as CEO and made three major acquisitions that collectively cost about $3 billion.
AMC acquired theater chains Carmike, Odeon and Nordice, significantly expanding AMC's theater network but also increasing its debt load. The<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38818809/meme-stock-surge-bothers-former-sec-chair-as-gamestop-amc-shares-rise-nearly-80-on-"> windfall</a> — AMC's stock price soared by 121% in premarket trading on Tuesday — could allow AMC to pay down its substantial debt.
The theater chain has paid down nearly $1 billion of its debt since the start of 2022 but about $4.6 billion remains. About $20 million of AMC's debt is due in 2024 and $118 million in 2025. But the $2.96 billion owed in 2026 will require attention, Wedbush analyst Alicia Reese told CNBC.
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<li>Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US. <a href="https://www.benzinga.com/money/miami-take-new-yorks-place-financial-capital">Investing in its booming real estate market has never been more accessible</a>. </li>
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"I think they'll be able to renegotiate a portion of it, but a lot of it's probably just going to get extended maturities," Reese said.
AMC shares are<a href="https://www.benzinga.com/news/24/05/38843779/whats-going-on-with-amc-entertainment-stock-wednesday"> trading lower on Wednesday</a>. The company announced it negotiated agreements to issue 23,280,295 shares of its Class A common stock in exchange for $163.85 million aggregate principal of its 10%/12% Cash PIK Toggle Secone Lien Subordinated notes due in 2026.
By May 14, AMC shares had more than doubled since the market closed on Friday after<a href="https://twitter.com/TheRoaringKitty/status/1789807772542067105"> Roaring Kitty posted online</a> for the first time in nearly three years.&nbsp; Roaring Kitty, whose legal name is Keith Gill, on Sunday posted a meme of a man leaning forward in his chair while playing video games, suggesting he is paying closer attention to the GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) and markets in general.
After skyrocketing more than 130% earlier this week, shares of GameStop were down 9% to $44.17 in premarket trading on May 15.
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<li>Want to Create a Passive Income Stream? <a href="https://www.benzinga.com/real-estate/23/05/32554601/want-to-grow-your-wealth-passively-these-high-yield-real-estate-notes-might-be-your-holy-grail">These High-Yield Real Estate Notes Might Be Your Holy Grail</a></li>
<li>Passive income investments are one of the most trusted methods for riding out a recession, so it's no surprise that people are turning to this <a href="https://www.benzinga.com/money/bezos-landlord-100-dollars">Jeff Bezos-backed startup to generate monthly rental income without having to purchase their own property</a>.</li>
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Real Estate

AMC Stock Skyrockets In First Major Rally Since CEO's $3 Billion Acquisition Spree

JP Morgan analyst Kenneth Worthington reinstates Brookfield Asset Mgmt (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAM#NYSE">BAM</a>) with a Neutral and raises the price target from $38 to $41.

Initiation

JP Morgan Reinstates Neutral on Brookfield Asset Mgmt, Raises Price Target to $41

NYXH

Nyxoah shares are trading higher after the company reported better-than-expected Q1 sales results.

Palatin Technologies shares are trading lower after the company reported worse-than-expected Q3 GAAP EPS results.

Traders woke up on Wednesday to new updates on last month&#8217;s inflation and retail sales trends, indicating slowing price pressures and a weaker-than-expected consumer <a href="https://www.benzinga.com/markets/equities/24/05/38842603/us-inflation-falls-as-expected-in-april-bolsters-fed-rate-cut-bets">spending in the U.S.</a>
As a reminder, the headline inflation rate slowed as predicted from 3.5% to 3.4% year-on-year in April 2023, while retail sales showed a flat month-on-month reading, sharply decelerating from the previous 0.6% and the expected 0.4% rise. 
The data triggered positive market reactions as traders bolstered their rate-cut convictions. The S&amp;P 500, as tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), and the tech-heavy Nasdaq 100, as monitored through the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), rallying 0.8% and 0.9%, respectively, with both indices <a href="https://www.benzinga.com/markets/equities/24/05/38845059/s-p-500-nasdaq-100-hit-record-highs-as-benign-inflation-data-supports-fed-rate-cut-prospects">hitting fresh record highs. </a>
Notably, bonds rocketed as Treasury yields tanked, with the iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) up by 1.2%, eyeing its top-performing session since early March. 
Economists and financial experts weighed in on the latest consumer price index (CPI) inflation report and retail sales data to explain the implications for the market and Federal Reserve policy.
Here&#8217;s what they had to say:
<h1 class="wp-block-heading">Still In A Bull Market</h1>
Chris Zaccarelli, chief investment officer, Independent Advisor Alliance, remarked the good news is the CPI hasn't reaccelerated and, most importantly, it was less-than-expected month-over-month (0.3% vs 0.4%), but the bad news is consumers seem to be reducing their spending.
He believes the slowdown in spending &#8220;could turn into a problem for the economy, in the immediate term it takes some pressure off the Fed and that is what has been moving bond and stock markets the past couple of months.&#8221;
He remains optimistic, stating &#8220;We believe we are still in a Bull Market,&#8221; and expecting &#8220;the knee-jerk negative reaction on the Retail Sales miss to be overcome by the relatively good news on the CPI data which is at or below expectations.&#8221;
<h1 class="wp-block-heading">BofA Holds One-Rate Cut View</h1>
Stephen Juneau, economist at Bank of America, noted, &#8220;The April CPI report was broadly in-line with our expectations as headline and core CPI both rose by 0.3% m/m.&#8221;
He cautioned, &#8220;While the inflation data are a step in the right direction, it is one report. We retain our call for the first cut in December&#8221;
Regarding market reactions, Juneau stated, &#8220;Market pricing thinks a cut in September and two cuts this year is very likely. We think inflation data will have to slow much more or the labor market data needs to weaken to really bring a September cut into play.&#8221;
&#8220;The miss on April retail sales does not meaningfully change our consumer outlook. Core control retail sales are still running at a solid 2.7% on a three-month annualized basis,&#8221;&nbsp;Aditya Bhave, economist at Bank of America, commented.
Bhave believes the retail sales data indicate a &#8220;benign moderation&#8221; in economic activity, rather than a drastic decline.
<h1 class="wp-block-heading">Good Signs From Easing Services Inflation, Less From Retail Sales</h1>
&#8220;This report gave us some good signs that services inflation is easing,&#8221; Jeffrey Roach, chief economist, LPL Financial, said. 
He highlighted that grocery prices fell in April, giving some relief, especially to lower-income consumers. 
Despite positive signs, Roach mentioned, &#8220;The soft landing narrative is still a possibility but not a guarantee. Markets will be looking for more confirmation and the weak retail sales report did not help.&#8221;
Roach sees commodities benefit from a period of sticky inflation, as supply and demand imbalances remain. 
<h1 class="wp-block-heading">Fed Is Not Out Of The Woods Yet</h1>
Skyler Weinand, chief investment officer for Regan Capital, observed the &#8220;Softer-than-expected CPI print gives the Federal Reserve a tad bit of breathing room to potentially cut rates as early as September.&#8221;
He also noted, &#8220;We're still a far cry from the Fed&#8217;s desired 2% inflation level and the economy remains strong.&#8221;
On policy direction, Weinand believes, &#8220;It's more likely for the Fed's next move will be to raise rates than to cut.&#8221;
The expert mentions the &#8220;Fed is not out of the wood yet.&#8221; He explains with elevated pressure on rates from the U.S. fiscal policy, &#8220;Whomever gets elected as president in November will continue to run extravagant deficits despite the U.S. economy being incredibly strong.&#8221; 
As such, the Fed will have to tackle higher inflation rates with elevated interest rates.
<h1 class="wp-block-heading">Positive Signs For The Upcoming PCE Report</h1>
Tuan Nguyen, economist at RSM US LLP, said, &#8220;Lower inflation and spending should mean more relief for the Federal Reserve as it tries to bring inflation down to its 2% target.&#8221;
He adds, &#8220;Given Wednesday's CPI data and the producer price index data released on Tuesday, we should expect some softening in the PCE data when it is released at the end of the month.&#8221;
Nguyen believes, &#8220;The economic fundamentals remain encouraging for further disinflation, even though the path to price stability has been bumpy.&#8221;
<h1 class="wp-block-heading">Inflation Is On A Slowing Trajectory</h1>
Bill Adams, chief economist for Comerica Bank, highlights that the decrease in core inflation and sluggish retail sales support the likelihood of the Federal Reserve cutting interest rates this year. He observes elevated interest rates are impacting the prices of durable goods and decelerating the rise in shelter costs within the CPI basket.
Comerica predicts the Fed will initiate a reduction in the federal funds rate starting with a cut in September, followed by another in December.
&#8220;Growth will likely stay in a lower gear in the rest of 2024. That will allow the U.S. economy's productive capacity to catch up with demand, keeping inflation on a slowing trajectory,&#8221; Adams said. 
Regarding retail sales, Adams stresses that the April figures did not substantially alter their outlook for consumer spending as core control retail sales maintained a healthy increase of 2.7% on a three-month annualized basis. Furthermore, he observes recent consumer spending has been stronger in services, which are largely excluded from retail sales data, than in goods.
Read Now: <a href="https://www.benzinga.com/general/biotech/24/05/38845991/eli-lilly-strikes-deal-to-combat-counterfeit-diabetes-and-weight-loss-drugs-mounjaro-and-zepbound">Eli Lilly Strikes Deal To Combat Counterfeit Diabetes And Weight Loss Drugs Mounjaro And Zepbound</a>
Photo: Shutterstock

Analyst Color

Equities

Macro Notification

Market Summary

Bonds

Broad U.S. Equity ETFs

Treasuries

Econ #s

ETFs

iShares Trust Barclays 20+ Year Treasury Bond Fund

Economists React To Inflation, Retail Sales: 'The Soft Landing Narrative Is Still A Possibility But Not A Guarantee'

Roth MKM analyst Richard Baldry maintains VirTra (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VTSI#NASDAQ">VTSI</a>) with a Buy and maintains $19 price target.

VTSI

Roth MKM Maintains Buy on VirTra, Maintains $19 Price Target

JXJT

JX Luxventure shares are trading lower after the company reported a year-over-year decrease in FY23 sales results.

Roth MKM analyst Richard Baldry reiterates SoundThinking (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSTI#NASDAQ">SSTI</a>) with a Buy and maintains $30 price target.

SSTI

Roth MKM Reiterates Buy on SoundThinking, Maintains $30 Price Target

Jones Trading analyst Soumit Roy downgrades Bolt Biotherapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOLT#NASDAQ">BOLT</a>) from Buy to Hold.

BOLT

Jones Trading Downgrades Bolt Biotherapeutics to Hold

RNLX

Renalytix shares are trading lower after the company reported worse-than-expected Q3 financial results.

Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) has secured exclusive rights to stream two <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38788401/netflix-stock-gets-upfront-optimism-boost-from-key-ad-tier-updates-nfl" target="_blank" rel="noreferrer noopener">NFL games on</a> Christmas Day, marking its first venture into broadcasting live football.
The deal, costing less than $150 million per game, is part of Netflix&#8217;s broader strategy to incorporate live programming, enhancing its appeal to advertisers and broadening viewer options.&nbsp;
This initiative aligns with the company&#8217;s recent experiments in live events, including sports, which, due to their live nature, attract significant viewer and advertiser interest, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-05-15/netflix-nears-deal-for-nfl-games-extending-push-into-sports?sref=TBDibEcD" target="_blank" rel="noreferrer noopener">reports</a>. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">You can't spell Netflix without "NFL"  Netflix will be the home to watch the NFL's 2024 Christmas Day games LIVE! <a href="https://t.co/uzZVLUhNjt">https://t.co/uzZVLUhNjt</a> <a href="https://t.co/BIy8FUV5NW">pic.twitter.com/BIy8FUV5NW</a>
&mdash; Netflix (@netflix) <a href="https://twitter.com/netflix/status/1790743961545413027?ref_src=twsrc%5Etfw">May 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/05/38819359/netflix-apple-tv-and-peacock-in-1-comcast-introduces-discounted-streamsaver-bundle" rel="noreferrer noopener">Netflix, Apple TV+, and Peacock In 1 &#8211; Comcast Introduces Discounted &#8216;StreamSaver&#8217; Bundle</a>
The NFL, a long-standing beacon for high viewership in live broadcasts, plans to unveil its 2024-25 schedule soon. Netflix will discuss its sports broadcasting strategy further at an upcoming event in New York. This move into live sports also supports Netflix&#8217;s advertising growth, mainly through its ad-supported subscription plan.
Analyst&#8217;s Take: KeyBanc analyst Justin Patterson reiterated an Overweight rating on Netflix with a price target of $705.
According to Patterson, Netflix&#8217;s ad upfront presentation will highlight its platform reach of ~40 million ad-supported MAUs, a more robust content slate, and a broader set of partnerships. He expects this week&#8217;s upfronts will build on the growth in ad-supported MAUs, a&nbsp;more comprehensive range of ad innovation, visibility into viewership data, and highlight the strength of Netflix&#8217;s content slate across scripted series and live events. 
The Roast of Tom Brady was a major success, and he expected the upcoming Mike Tyson vs. Jake Paul fight to garner meaningful viewership. The analyst is also notes that landing the two Christmas NFL games, suggests sports leagues continue to find streamers&#8217; reach, data insights, and balance sheets attractive. 
As Netflix deepens its ad capabilities, Patterson noted this could help support &gt;10% annual revenue growth in 2025 and beyond.&nbsp;
He noted a Netflix partnership is a low-probability event this week but one that remains on the horizon due to Netflix&#8217;s increased focus on advertising. He maintained that&nbsp;The Trade Desk Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) and its retail media capabilities are well suited to helping the streaming ecosystem monetize and yield returns on content spend.
Price Action: NFLX shares were down 0.4% at $611.14 at the last check Wednesday.
Also Read:&nbsp;<a href="https://www.benzinga.com/m-a/24/05/38670043/sonys-bold-26b-paramount-bid-raises-eyebrows-can-they-finance-it" target="_blank" rel="noreferrer noopener">Sony&#8217;s Bold $26B Paramount Bid Raises Eyebrows: Can They Finance It?</a>
Photo: Unsplash

Entertainment

Sports

Media

NFLX

Netflix To Stream 2 NFL Christmas Day Games: Analyst Sees Strong Growth Potential

SKLZ, FNGR and HSAI are among consumer movers

RDFN, SOS and BDRX among mid-day movers

IPO Roundup: SharkNinja, Pixie Dust Technologies and more

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
We&rsquo;re closing out the trading week with a breakdown of the biggest pre-market stock movers for Friday!
Moving stocks this morning are earnings reports, merger plans, a stock offering and more.
Let&rsquo;s get into that below!

<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>
<ol>
<li> FaZe (NASDAQ:<a href="https://investorplace.com/stock-quotes/faze-stock-quote/">FAZE</a>) stock is rocketing more than 77% after <a href="https://www.bloomberg.com/news/articles/2023-10-20/faze-clan-is-being-acquired-by-a-company-backed-by-jerry-jones?embedded-checkout=true">announcing a merger plan</a> with GameSquare (NASDAQ:<a href="https://investorplace.com/stock-quotes/game-stock-quote/">GAME</a>).</li>
<li> Xortx Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/xrtx-stock-quote/">XRTX</a>) shares are soaring over 73% alongside heavy pre-market trading.</li>
<li> Urgently (NASDAQ:<a href="https://investorplace.com/stock-quotes/uly-stock-quote/">ULY</a>) stock is surging more than 61% <a href="https://finance.yahoo.com/news/urgently-announces-successful-closing-merger-132200792.html">after closing a merger</a>.</li>
<li> Wheeler Real Estate IT (NASDAQ:<a href="https://investorplace.com/stock-quotes/whlr-stock-quote/">WHLR</a>) shares are gaining over 23% on Friday morning.</li>
<li> Aravive (NASDAQ:<a href="https://investorplace.com/stock-quotes/arav-stock-quote/">ARAV</a>) stock is rising more than 22% on Friday.</li>
<li> Blue Hat Interactive (NASDAQ:<a href="https://investorplace.com/stock-quotes/bhat-stock-quote/">BHAT</a>) shares are increasing close to 22% in early morning trading today.</li>
<li> Ucommune International (NASDAQ:<a href="https://investorplace.com/stock-quotes/uk-stock-quote/">UK</a>) stock is climbing over 18% without any clear news today.</li>
<li> Intelligent Living (NASDAQ:<a href="https://investorplace.com/stock-quotes/ilag-stock-quote/">ILAG</a>) shares are heading more than 18% higher on Friday morning.</li>
<li> Knight-Swift (NYSE:<a href="https://investorplace.com/stock-quotes/knx-stock-quote/">KNX</a>) stock is jumping over 17% with the release of its <a href="https://seekingalpha.com/news/4022253-knight-swift-motors-14-higher-q3-earnings-beats?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain%7Csection%3Aon-the-move">latest earnings report</a>.</li>
<li> Akso Health (NASDAQ:<a href="https://investorplace.com/stock-quotes/ahg-stock-quote/">AHG</a>) shares are up 16% on Friday morning.</li>
</ol>
<h2>10 Top Losers</h2>
<ol>
<li> Cuentas (NASDAQ:<a href="https://investorplace.com/stock-quotes/cuen-stock-quote/">CUEN</a>) stock is plummeting nearly 30% alongside <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317809575&amp;type=PDF&amp;symbol=CUEN&amp;cdn=8cac83afb0cc06c58ec8052e3218810c&amp;companyName=Cuentas+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2023-10-19">planned stock exchanges</a>.</li>
<li> Webuy Global (NASDAQ:<a href="https://investorplace.com/stock-quotes/wbuy-stock-quote/">WBUY</a>) shares are diving more than 27% following its <a href="https://www.marketwatch.com/story/webuy-global-shares-take-flight-in-trading-debut-after-ipo-b39b603c">initial public offering (IPO)</a>.</li>
<li> SolarEdge Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/sedg-stock-quote/">SEDG</a>) stock is tumbling almost 26% after <a href="https://finance.yahoo.com/news/solaredge-announces-preliminary-financial-results-201000456.html">announcing preliminary earnings</a>.</li>
<li> Processa Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/pcsa-stock-quote/">PCSA</a>) shares are taking an over 22% beating on Friday morning.</li>
<li> Heart Test Laboratories (NASDAQ:<a href="https://investorplace.com/stock-quotes/hscs-stock-quote/">HSCS</a>) stock is dropping more than 21% this morning.</li>
<li> Arcutis Biotherapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/arqt-stock-quote/">ARQT</a>) shares are decreasing over 18% alongside a <a href="https://seekingalpha.com/news/4022199-arcutis-stock-slips-on-100m-proposed-public-offering">proposed public stock offering</a>.</li>
<li> SeaStar Medical (NASDAQ:<a href="https://investorplace.com/stock-quotes/icu-stock-quote/">ICU</a>) stock is falling more than 16% following recent rallies.</li>
<li> Enphase Energy (NASDAQ:<a href="https://investorplace.com/stock-quotes/enph-stock-quote/">ENPH</a>) shares are slipping over 15% alongside <a href="https://finance.yahoo.com/news/analysts-estimate-enphase-energy-enph-140141427.html">negative expectations for its upcoming earnings report</a>.</li>
<li> Asset Entities (NASDAQ:<a href="https://investorplace.com/stock-quotes/asst-stock-quote/">ASST</a>) stock is dipping more than 15% following its <a href="https://www.nasdaq.com/press-release/asset-entities-inc.-announces-participation-in-the-thinkequity-conference-2023-10-05">participation in a conference</a>.</li>
<li> Alpine 4 (NASDAQ:<a href="https://investorplace.com/stock-quotes/alpp-stock-quote/">ALPP</a>) shares close out our pre-market stock movers down over 15%.</li>
</ol>
On the date of publication, William White&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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The post <a href="https://investorplace.com/2023/10/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-friday-oct-20th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday

Asset Entities announces stock repurchase program

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
It&rsquo;s time to dive into the biggest pre-market stock movers as we check out all of the hottest news on Tuesday morning!



Moving stocks this morning are a SPAC merger, delisting notice, earnings reports and more.



Let&rsquo;s get into that news down below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Volato (NYSEMKT:<a href="https://investorplace.com/stock-quotes/soar-stock-quote/">SOAR</a>) stock is rocketing 480% after <a href="https://www.businesswire.com/news/home/20231201748859/en/Volato-Announces-Closing-of-Business-Combination-with-PROOF-Acquisition-Corp-I-Secures-Additional-Equity-Financing">completing a special purpose acquisition company (SPAC) merger</a>.</li>



<li>Meiwu Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/wnw-stock-quote/">WNW</a>) shares are soaring more than 136% <a href="https://www.nasdaq.com/press-release/meiwu-technology-company-limited-received-nasdaq-delisting-determination-2023-11-29">ahead of its delisting</a>.</li>



<li>Sonoma Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/snoa-stock-quote/">SNOA</a>) stock is surging close to 48% alongside heavy pre-market trading.</li>



<li>NeuroSense Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/nrsn-stock-quote/">NRSN</a>) shares are gaining nearly 44% as it prepares to <a href="https://www.nasdaq.com/press-release/neurosense-to-report-phase-2b-als-topline-primary-safety-and-tolerability-secondary">announce clinical trial results</a>.</li>



<li>Wheeler Real Estate IT (NASDAQ:<a href="https://investorplace.com/stock-quotes/whlr-stock-quote/">WHLR</a>) stock is rising over 26% with the date for its <a href="https://www.nasdaq.com/press-release/wheeler-will-likely-issue-unregistered-common-stock-to-settle-december-redemption">Series D Preferred Stock being today</a>.</li>



<li>Nxu (NASDAQ:<a href="https://investorplace.com/stock-quotes/nxu-stock-quote/">NXU</a>) shares are increasing more than 23% with strong early morning trading.</li>



<li>Asset Entities (NASDAQ:<a href="https://investorplace.com/stock-quotes/asst-stock-quote/">ASST</a>) stock is heading almost 22% higher despite a lack of news this morning.</li>



<li>Janover (NASDAQ:<a href="https://investorplace.com/stock-quotes/jnvr-stock-quote/">JNVR</a>) shares are getting an over 21% boost on Tuesday morning.</li>



<li>Gyre Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/gyre-stock-quote/">GYRE</a>) stock is jumping more than 19% this morning.</li>



<li>Universal Security (NYSEMKT:<a href="https://investorplace.com/stock-quotes/uuu-stock-quote/">UUU</a>) shares are up over 17% this on Tuesday.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>iBio (NYSEMKT:<a href="https://investorplace.com/stock-quotes/ibio-stock-quote/">IBIO</a>) stock is plummeting more than 37% alongside <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317908570&amp;type=PDF&amp;symbol=IBIO&amp;cdn=3004e5ed333843d75ef84743e4b9305c&amp;companyName=iBio+Inc.&amp;formType=EFFECT&amp;formDescription=Notice+of+Effectiveness&amp;dateFiled=2023-12-04">a public share offering</a>.</li>



<li>SilverSun Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/ssnt-stock-quote/">SSNT</a>) shares are diving over 22% after <a href="https://investorplace.com/2023/12/why-is-silversun-technologies-ssnt-stock-up-200-today/">rallying yesterday on spinoff plans</a>.</li>



<li>Breakwave Dry Bulk Shipping ETF (NYSEARCA:<a href="https://investorplace.com/stock-quotes/bdry-stock-quote/">BDRY</a>) stock is tumbling more than 19% this morning.</li>



<li>Sunshine Biopharma (NASDAQ:<a href="https://investorplace.com/stock-quotes/sbfm-stock-quote/">SBFM</a>) shares are taking a close to 18% beating today.</li>



<li>Alterity Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/athe-stock-quote/">ATHE</a>) stock is sliding over 16% after <a href="https://www.marketwatch.com/story/alterity-therapeutics-shares-up-fivefold-on-new-parkinson-s-drug-data-3c7a92cb">rallying yesterday on Parkinson&rsquo;s data</a>.</li>



<li>Next e GO (NASDAQ:<a href="https://investorplace.com/stock-quotes/egox-stock-quote/">EGOX</a>) shares are falling more than 16% on Tuesday.</li>



<li>Ampio Pharmaceuticals (NYSEMKT:<a href="https://investorplace.com/stock-quotes/ampe-stock-quote/">AMPE</a>) stock is dropping over 16% this morning.</li>



<li>Joann (NASDAQ:<a href="https://investorplace.com/stock-quotes/joan-stock-quote/">JOAN</a>) shares are decreasing more than 16% alongside <a href="https://www.marketwatch.com/story/joanns-stock-tumbles-12-after-retailers-sales-drop-4-losses-widen-3534a49c">a weak earnings report</a>.</li>



<li>Lucy Scientific Discovery (NASDAQ:<a href="https://investorplace.com/stock-quotes/lsdi-stock-quote/">LSDI</a>) stock is slipping nearly 15% on Tuesday.</li>



<li>GRI Bio (NASDAQ:<a href="https://investorplace.com/stock-quotes/gri-stock-quote/">GRI</a>) shares close out our pre-market stock movers down over 14% on a <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317907312&amp;type=PDF&amp;symbol=GRI&amp;cdn=84028a0eb947117de25175400b9c9dce&amp;companyName=GRI+Bio+Inc.&amp;formType=S-1%2FA&amp;formDescription=%5BAmend%5D+General+form+for+registration+of+securities+under+the+Securities+Act+of+1933&amp;dateFiled=2023-12-04">proposed public offering</a>.</li>
</ol>On the date of publication, William White&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2023/12/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-tuesday-dec-5th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tuesday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tuesday

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The biggest pre-market stock movers for Wednesday are ready to go as we break down all of the latest news investors need to know about this morning!



Moving stocks this morning are earnings reports, new guidances, an acquisition and more.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Nvni (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvni-stock-quote/">NVNI</a>) stock is rocketing more than 63% alongside heavy pre-market trading.</li>



<li>Jin Medical International (NASDAQ:<a href="https://investorplace.com/stock-quotes/zjyl-stock-quote/">ZJYL</a>) shares are soaring close to 39% without any clear news.</li>



<li>iCoreConnect (NASDAQ:<a href="https://investorplace.com/stock-quotes/icct-stock-quote/">ICCT</a>) stock is surging over 23% with its <a href="https://www.nasdaq.com/press-release/icoreconnect-inc.-announces-strategic-acquisition-of-verifi-dental-2024-01-09">strategic acquisition of Verifi Dental</a>.</li>



<li>Cadrenal Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/cvkd-stock-quote/">CVKD</a>) shares are increasing more than 19% despite a lack of news.</li>



<li>Exicure (NASDAQ:<a href="https://investorplace.com/stock-quotes/xcur-stock-quote/">XCUR</a>) stock is gaining over 16% on Wednesday morning.</li>



<li>Nyxoah (NASDAQ:<a href="https://investorplace.com/stock-quotes/nyxh-stock-quote/">NYXH</a>) shares are rising more than 15% after <a href="https://www.nasdaq.com/press-release/nyxoah-announces-preliminary-results-for-the-fourth-quarter-and-full-year-2023-2024">releasing preliminary Q4 results</a>.</li>



<li>Sonim Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/sonm-stock-quote/">SONM</a>) stock is climbing over 15% on Wednesday.</li>



<li>Asset Entities (NASDAQ:<a href="https://investorplace.com/stock-quotes/asst-stock-quote/">ASST</a>) shares are jumping more than 13% this morning.</li>



<li>China Pharma (NYSEMKT:<a href="https://investorplace.com/stock-quotes/cphi-stock-quote/">CPHI</a>) stock is heading over 11% higher today.</li>



<li>P3 Health Partners (NASDAQ:<a href="https://investorplace.com/stock-quotes/piii-stock-quote/">PIII</a>) shares are up more than 11% after <a href="https://www.nasdaq.com/press-release/p3-health-partners-reaffirms-guidance-for-2023-and-announces-guidance-for-2024-2024">updating its guidance</a>.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Roma Green Finance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROMA#NASDAQ">ROMA</a>) stock is diving over 21% after rallying during its <a href="https://www.marketwatch.com/story/roma-green-finance-shares-surge-to-10-03-up-from-4-ipo-price-e6e7ec55">initial public offering (IPO) yesterday</a>.</li>



<li>Qilian International (NASDAQ:<a href="https://investorplace.com/stock-quotes/qli-stock-quote/">QLI</a>) shares are tumbling more than 20% without any obvious news this morning.</li>



<li>Rail Vision (NASDAQ:<a href="https://investorplace.com/stock-quotes/rvsn-stock-quote/">RVSN</a>) stock is taking an over 17% beating after <a href="https://www.nasdaq.com/press-release/rail-vision-secures-%246-million-credit-facility-2024-01-09">announcing a new credit facility</a>.</li>



<li>HWH International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HWH#NASDAQ">HWH</a>) shares are sliding more than 17% on Wednesday.</li>



<li>Aehr Test Systems (NASDAQ:<a href="https://investorplace.com/stock-quotes/aehr-stock-quote/">AEHR</a>) stock is falling over 17% after <a href="https://seekingalpha.com/news/4053629-aehr-test-systems-non-gaap-eps-of-0_23-beats-0_04-revenue-of-21_43m-beats-0_54m">releasing its latest earnings report</a>.</li>



<li>Royalty Management (NASDAQ:<a href="https://investorplace.com/stock-quotes/rmco-stock-quote/">RMCO</a>) shares are decreasing more than 16% on Wednesday.</li>



<li>NexImmune (NASDAQ:<a href="https://investorplace.com/stock-quotes/nexi-stock-quote/">NEXI</a>) stock is dropping over 16% <a href="https://investorplace.com/2024/01/neximmune-nexi-stock-rockets-80-ahead-of-potential-liquidation/">after rallying yesterday</a>.</li>



<li>Invivyd (NASDAQ:<a href="https://investorplace.com/stock-quotes/ivvd-stock-quote/">IVVD</a>) shares are slipping more than 14% this morning.</li>



<li>ECD Automotive Design (NASDAQ:<a href="https://investorplace.com/stock-quotes/ecda-stock-quote/">ECDA</a>) stock is dipping over 11% <a href="https://www.nasdaq.com/press-release/bronzed-beauty-meets-power%3a-ecd-auto-designs-newest-defender-110-features-a-450-hp">after a rally yesterday</a>.</li>



<li>Galera Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/grtx-stock-quote/">GRTX</a>) shares close out our pre-market stock movers down more than 10%.</li>
</ol>On the date of publication, William White&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/01/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-wednesday-jan-10th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Wednesday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Wednesday

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
We&rsquo;re starting Thursday with a breakdown of the biggest pre-market stock movers traders will want to keep an eye on this morning!



Moving stocks this morning are earnings reports, heavy trading and more.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Hitek Global (NASDAQ:<a href="https://investorplace.com/stock-quotes/hkit-stock-quote/">HKIT</a>) stock is skyrocketing more than 406% on heavy trading this morning alongside a Chinese stock rally.</li>



<li>CCSC Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/cctg-stock-quote/">CCTG</a>) shares are rocketing over 148% alongside strong early morning trading.</li>



<li>China SXT Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/sxtc-stock-quote/">SXTC</a>) stock is soaring more than 55% with heavy trading activity today.</li>



<li>MicroCloud Hologram (NASDAQ:<a href="https://investorplace.com/stock-quotes/holo-stock-quote/">HOLO</a>) shares are surging over 48% as it <a href="https://investorplace.com/2024/02/why-is-microcloud-hologram-holo-stock-up-56-today/">continues a rally</a>.</li>



<li>U Power (NASDAQ:<a href="https://investorplace.com/stock-quotes/ucar-stock-quote/">UCAR</a>) stock is gaining more than 46% after adding a <a href="https://www.nasdaq.com/press-release/u-power-announces-appointment-of-new-independent-director-2024-02-08">new independent director</a>.</li>



<li>Bit Brother (NASDAQ:<a href="https://investorplace.com/stock-quotes/bets-stock-quote/">BETS</a>) shares are increasing over 28% alongside strong trading this morning.</li>



<li>Roma Green Finance (NASDAQ:<a href="https://investorplace.com/stock-quotes/roma-stock-quote/">ROMA</a>) stock is rising more than 27% on Thursday.</li>



<li>WeTrade (NASDAQ:<a href="https://investorplace.com/stock-quotes/wetg-stock-quote/">WETG</a>) shares are heading over 27% higher this morning.</li>



<li>Confluent (NASDAQ:<a href="https://investorplace.com/stock-quotes/cflt-stock-quote/">CFLT</a>) stock is jumping more than 24% with a <a href="https://www.tipranks.com/news/confluent-nasdaqcflt-jumps-24-on-strong-q4-print">strong Q4 earnings report</a>.</li>



<li>ARM Holdings (NASDAQ:<a href="https://investorplace.com/stock-quotes/arm-stock-quote/">ARM</a>) shares are up over 23% with a <a href="https://www.cnbc.com/2024/02/07/arm-earnings-report-q3-2024-.html">strong earnings forecast</a>.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Jin Medical International (NASDAQ:<a href="https://investorplace.com/stock-quotes/zjyl-stock-quote/">ZJYL</a>) stock appears to be crashing more than 93% but is <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318033627&amp;type=PDF&amp;symbol=ZJYL&amp;cdn=564b71d4940bbe1982c5475cbb1f6458&amp;companyName=JIN+MEDICAL+INTERNATIONAL+LTD.&amp;formType=6-K&amp;formDescription=Report+of+foreign+private+issuer+pursuant+to+Rule+13a-16+or+15d-16+under+the+Securities+Exchange+Act+of+1934&amp;dateFiled=2024-02-05">actually undergoing a stock split</a>.</li>



<li>Tenax Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/tenx-stock-quote/">TENX</a>) shares are plummeting over 51% <a href="https://www.nasdaq.com/press-release/tenax-therapeutics-enrolls-first-patient-in-phase-3-level-study-evaluating-tnx-103">despite a clinical trial update</a>.</li>



<li>MedAvail (NASDAQ:<a href="https://investorplace.com/stock-quotes/mdvl-stock-quote/">MDVL</a>) stock is diving more than 27% on Thursday morning.</li>



<li>MariaDB (NYSE:<a href="https://investorplace.com/stock-quotes/mrdb-stock-quote/">MRDB</a>) shares are tumbling over 23% following <a href="https://investorplace.com/2024/02/why-is-mariadb-mrdb-stock-up-118-today/">a rally yesterday</a>.</li>



<li>InVivo Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/nviv-stock-quote/">NVIV</a>) stock is taking a more than 20% beating as it also <a href="https://investorplace.com/2024/02/why-is-invivo-therapeutics-nviv-stock-up-61-today/">comes off a rally</a>.</li>



<li>Asset Entities (NASDAQ:<a href="https://investorplace.com/stock-quotes/asst-stock-quote/">ASST</a>) shares are sliding over 18% this morning.</li>



<li>Psyence Biomedical (NASDAQ:<a href="https://investorplace.com/stock-quotes/pbm-stock-quote/">PBM</a>) stock is dropping more than 17% on Thursday morning.</li>



<li>Phoenix Biotech (NASDAQ:<a href="https://investorplace.com/stock-quotes/pbax-stock-quote/">PBAX</a>) shares are decreasing over 16% today.</li>



<li>Digital Turbine (NASDAQ:<a href="https://investorplace.com/stock-quotes/apps-stock-quote/">APPS</a>) stock is slipping more than 16% on a <a href="https://finance.yahoo.com/news/digital-turbine-inc-apps-faces-215548303.html">lackluster earnings report</a>.</li>



<li>CalAmp (NASDAQ:<a href="https://investorplace.com/stock-quotes/camp-stock-quote/">CAMP</a>) shares close out our pre-market stock movers down over 14% <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318041545&amp;type=PDF&amp;symbol=CAMP&amp;cdn=4ae77380491f7f2c2718c8c469514579&amp;companyName=CalAmp+Corp.&amp;formType=4&amp;formDescription=Statement+of+changes+in+beneficial+ownership+of+securities&amp;dateFiled=2024-02-07">with insider selling</a>.</li>
</ol>On the date of publication, William White&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/02/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-thursday-feb-8th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Thursday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Thursday

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Asset Entities (NASDAQ:<a href="https://investorplace.com/stock-quotes/asst-stock-quote/">ASST</a>) just reported results for the fourth quarter of 2023.<ul><li>Asset Entities reported earnings per share of -9 cents.</li><li>The company reported revenue of $80,856.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/04/asst-stock-earnings-asset-entities-for-q4-of-2023/">ASST Stock Earnings: Asset Entities Reported Results for Q4 2023</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

ASST Stock Earnings: Asset Entities Reported Results for Q4 2023

Asset Entities files $100M mixed shelf offering

ACWX

AEHR

ALPP

AMPE

APPS

ARAV

ARQT

ATHE

BDRX

BDRY

BETS

BHAT

CAMP

CCTG

CDLX

CFLT

CPHI

CTNT

CUEN

CVKD

ECDA

ENPH

FAZE

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FTEL

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HKIT

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Asset Entities Stock (NASDAQ:ASST), Short Interest Report

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