Sobr Safe Stock (NASDAQ:SOBR), Trade Ideas

Sobr Safe Inc provides non-invasive technology to quickly and humanely identify the presence of alcohol in individuals. Its technologies are integrated within robust and scalable data platform, producing statistical and measurable user and business data. It developed the scalable, patent-pending SOBRsafe software platform for non-invasive alcohol detection and identity verification, a solution that has current and potential applications. It generates revenue through various combinations of software products and services which include the sale of cloud-based software solutions, detection and data collection hardware devices, and cloud-based data reporting and analysis services.

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XXII

Shares of  Kodiak Sciences Inc.  (NASDAQ: KOD) fell sharply during Thursday’s session after the company reported a wider-than-expected fourth-quarter loss.

Kodiak Sciences posted a quarterly loss of $1.13 per share, compared to market expectations for a loss of 77 cents per share.

Why Kodiak Sciences Shares Are Trading Lower By Around 20%? Here Are Other Stocks Moving In Thursday&#39;s Mid-Day Session

Pre-Market Outlook

AKBA

LGVN

Shares of  RH (NYSE: RH) rose sharply in today’s pre-market trading following the release of quarterly results.

Why RH Shares Are Trading Higher By Around 9%; Here Are 20 Stocks Moving Premarket

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Morgan Stanley Capital Protected Notes for S&P 500 Index

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Shares of  Super Micro Computer, Inc. (NASDAQ: SMCI) rose sharply in pre-market trading after the company announced updated financial guidance for the second-quarter, which surpassed its previou

Why Super Micro Computer Shares Are Trading Higher By Over 12%; Here Are 20 Stocks Moving Premarket

Sobr Safe Inc

First&nbsp;non-immunosuppressive therapy for the treatment of IgA Nephropathy (IgAN) approved in&nbsp;Europe
Conditional marketing authorization is based on statistically significant and clinically meaningful results from the phase-III PROTECT trial

TVTX

CSL Vifor And Travere Therapeutics Granted European Commission Conditional Marketing Authorization For FILSPARI (Sparsentan) For The Treatment Of IgA Nephropathy

Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) senior executive Lars Moravy on Tuesday clarified that the company is not inhibited by 4680 cell production to ramp Cybertrucks. 
What Happened: As compared to the previous quarter, 4680 cell production in the first quarter rose by about 18% to 20%, Moravy said during Tesla&#8217;s first-quarter earnings call. In March, the company produced enough cells <a href="https://www.benzinga.com/news/24/03/37863738/tesla-smashes-doubts-about-4680-cell-production-says-its-made-enough-batteries-for-1-000-cybertrucks">for over 1000 Cybertrucks</a> at Giga Texas in a week. 
&#8220;We expect to stay ahead of the Cybertruck ramp with the cell production throughout Q2,&#8221; Moravy said while adding that the company is looking to maintain multiple weeks of cell inventory to make sure it&#8217;s ahead of Cybertruck&#8217;s production ramp. However, the cell production will be in tandem with Cybertruck production, he noted
&#8220;We&#8217;re not going to just randomly build 4680s unless we have a place to put them and so we&#8217;re going to make sure we&#8217;re prudent about that,&#8221; he added. Moravy is Vice President of Vehicle Engineering at Tesla. 
Just a couple of weeks ago, the company made 1000 Cybertrucks in a week, Moravy said. While the company is looking to achieve volume production to bring down costs, it still faces challenges with the many new technologies and supplier limitations, he added. 
Why It Matters: In December,&nbsp;Reuters&nbsp;<a href="https://www.benzinga.com/markets/equities/23/12/36341487/teslas-cybertruck-reportedly-struggles-with-its-pioneering-4680-battery-is-250-000-production-go" target="_blank" rel="noreferrer noopener">reported</a>&nbsp;that the EV giant is struggling to make 4680 cells fast enough to meet its targeted annual delivery rate of a quarter million Cybertrucks. Tesla&#8217;s gigafactory in Texas is making only enough cells for about 24,000 Cybertrucks a year, the report said.
The annual delivery target of 250,000 Cybertrucks, company CEO Elon Musk has previously said, would not be reached this year but only<a href="https://www.benzinga.com/news/23/10/35322048/tesla-ceo-elon-musk-details-enormous-challenges-in-reaching-volume-production-for-cybertruck-we-dug" target="_blank" rel="noreferrer noopener"> in 2025.</a>
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="http://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More: <a href="https://www.benzinga.com/news/24/04/38395808/teslas-high-profile-departures-continue-as-investor-relations-head-martin-viecha-bids-farewell-after">Tesla&#8217;s High-Profile Departures Continue As Investor Relations Head Martin Viecha Bids Farewell After 7-Year Run</a>
Photo via Shutterstock

Guidance

Tech

TSLA

Tesla Exec Says 1,000 Cybertrucks A Week Prove 4680 Cell Production Isn't A Bottleneck: 'We Expect To Stay Ahead...'

Glauber Contessoto, a well-known Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) investor, recently gave a nod to an investor strategy that involves heavy allocation to meme coins Pepe (PEPE) and Dogwifhat (WIF). 
What Happened: On Monday, Contessoto responded to a plan shared on X, a platform formerly known as Twitter, with a tweet saying, &#8220;This is basically my entire plan &#x1f602;&#x1f605;&#x1f680;&#8221;. 
The plan outlined a strategy of investing in new launches and meme coins like $WIF and $PEPE for quick gains. Contessoto&#8217;s response suggests a similar approach to his investments.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is basically my entire plan &#x1f602;&#x1f605;&#x1f680; <a href="https://t.co/SNoshRoR2X">https://t.co/SNoshRoR2X</a>
&mdash; SlumDOGE Millionaire (@ProTheDoge) <a href="https://twitter.com/ProTheDoge/status/1782995806540423674?ref_src=twsrc%5Etfw">April 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38383807/trader-predicts-at-least-3-meme-coins-above-100b-market-cap-heres-which-coins-benzinga-fol?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trader Predicts &#8216;At Least 3 Meme Coins Above $100B Market Cap&#8217;: Here&#8217;s Which Coins Benzinga Followers Liked The Most</a>
Contessoto, also known as SlumDOGE Millionaire, who gained fame for his early and unwavering belief in Dogecoin has previously emphasized the <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38215397/conviction-conviction-conviction-dogecoin-millionaire-says-he-held-strong-despite-mockery-">importance of conviction</a> in cryptocurrency investments. Despite facing ridicule for his early conviction in Dogecoin in 2021, his steadfast belief eventually paid off, turning the tables on his critics.
Among meme coins so far this year, Dogecoin has returned 81.8%, while Pepe is up almost 520%. While gains on have amounted to a spectacular 2112%.
Why It Matters: Contessoto recently announced a $300,000 <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38096483/major-crypto-influencer-announces-300k-purchase-of-these-3-meme-coins-the-same-conviction-">investment in three meme coins</a>: Dogwifhat, Pepe, and Brett (BRETT), asserting that market dips are the best times to double down on one's convictions.
Contessoto&#8217;s endorsement of meme coins comes at a time when some traders are expressing optimism about the performance of Dogecoin against Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>). Crypto trader Kevin, formerly known as OG_Yomi, noted that Dogecoin is currently <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38395178/dogecoin-could-outperform-bitcoin-thanks-to-consolidation-in-the-golden-pocket-says-trader">consolidating in the golden pocket</a> while sitting above all bull market up trending moving averages, a position that could potentially see it outperform Bitcoin.
Price Action: At the time of writing, DOGE traded 1.85% higher at $0.16, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro.</a>
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38349928/melania-trump-launches-245-customizable-mothers-day-necklace-buyers-to-also-get-limited-ed?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Melania Trump Launches $245 Customizable Mother&#8217;s Day Necklace, Buyers To Also Get Limited-Edition Solana</a>
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$BTC

$DOGE

$PEPE

DOGE

Dogecoin 'Millionaire' Reacts To Strategy Involving Heavy Allocation To Pepe, Dogewifhat: 'Basically My Entire Plan'

Under the agreement, ANGLE will develop a novel methodology for CTC micronuclei detection based on its existing pKAP1 CTC-based DDR assay, which measures expression of a key protein in the DNA damage response. Assay development will take place in ANGLE&#39;s laboratories in Guildford, UK, and follows the Company&#39;s development and launch of two highly sensitive and specific DDR assays in 2023. The 6-month development phase is worth an initial &pound;150,000 to ANGLE.

ANPCF

Angle Inks New Commercial Agreement With AstraZeneca to Enhance DNA Damage Response Detection

Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) is set to release earnings results for its first quarter after the<a href="https://www.benzinga.com/quote/META/earnings"> closing bell on April 24, 2024.</a>
Analysts expect the Menlo Park, California-based company to report quarterly earnings at $4.32 per share, up from $2.20 per share in the year-ago period. Meta is projected to report quarterly revenue of $36.16 billion, up from $28.64 billion in the year-earlier quarter, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Meta recently announced that its AI assistant, powered by the newly launched Llama 3 model, will now incorporate real-time search results from Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google and Microsoft Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Bing.
Meta shares rose 3% to close at $496.10 on Tuesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/META/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Bernstein analyst Mark Shmulik maintained an Outperform rating and raised the price target from $535 to $590 on April 18, 2024. This analyst has an accuracy rate of 82%.</li>
<li>Truist Securities analyst Youssef Squali maintained a Buy rating and boosted the price target from $525 to $550 on April 17, 2024. This analyst has an accuracy rate of 81%.</li>
<li>UBS analyst Lloyd Walmsley maintained a Buy rating and raised the price target from $530 to $610 on April 16, 2024. This analyst has an accuracy rate of 85%.</li>
<li>Stifel analyst Mark Kelley maintained a Buy rating and boosted the price target from $527 to $588 on April 16, 2024. This analyst has an accuracy rate of 87%.</li>
<li>Citigroup analyst Ronald Josey maintained a Buy rating and increased the price target from $525 to $590 on April 15, 2024. This analyst has an accuracy rate of 72%.</li>
</ul>
Read This Next: <a href="https://www.benzinga.com/news/24/04/38376630/amazon-com-united-airlines-and-2-other-stocks-insiders-are-selling">Amazon.com, United Airlines And 2 Other Stocks Insiders Are Selling</a>

Earnings

Price Target

MSFT

Meta Likely To Report Higher Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Timberland Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSBK#NASDAQ">TSBK</a>) reported quarterly earnings of $0.70 per share. This is a 12.5 percent decrease over earnings of $0.80 per share from the same period last year. The company reported $18.25 million in sales this quarter. This is a 7.77 percent decrease over sales of $19.79 million the same period last year.

TSBK

Timberland Bancorp Q2 EPS $0.70 Down From $0.80 YoY, Sales $18.25M Down From $19.79M YoY

LPTV

Reported Earlier, NYSE American Issues Non-Compliance Warning To Loop Media For Continued Listing Standards

Management

Reported Earlier, Visionary Holdings Appoints Zhong Chen As CEO, Effective Immediately

Amid fluctuating market conditions and rumors about Elon Musk's role as the CEO of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), the tech billionaire has suggested that he <a href="https://www.benzinga.com/news/24/04/38288360/breaking-tesla-shareholders-to-vote-again-on-ceo-elon-musks-voided-47b-pay-package">continues to spend</a> the majority of his time at the EV giant. 
What Happened: On Tuesday, during <a href="https://www.benzinga.com/news/earnings/24/04/38390883/tesla-q1-earnings-highlights-ev-giant-misses-wall-street-estimates-makes-cost-cuts-invests-in-ai-sp">Tesla's first-quarter earnings call</a>, Musk was asked that considering he is leading several important companies including SpaceX and X, formerly Twitter, where does his heart actually belong.&nbsp;
The question came from Tony Sacconaghi, a Wall Street analyst from Bernstein, who asked him about the possibility of reduced involvement with Tesla at &#8220;any point over the next three years.&#8221;&nbsp;
In response, Musk sidestepped answering the question directly. He said that Tesla &#8220;constitutes a majority of my work time, and I work pretty much every day of the week, it&#8217;s rare for me to take a Sunday afternoon off.&#8221;
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
The entrepreneur went on to assert that he will make sure &#8220;Tesla is quite prosperous. And it is — like it is prosperous, and it will be very much so in the future.&#8221;
Last year, Tesla director James Murdoch created a stir when he reportedly suggested that <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/11/29760366/is-elon-musk-stepping-down-as-tesla-ceo-soon-analysts-react-to-succession-comments">Musk has identified a potential successor</a> to replace him.&nbsp;
Why It's Important: Earlier this month, Tesla's stock faced a significant downturn following a report on <a href="https://www.benzinga.com/markets/equities/24/04/38047077/tesla-stock-dives-as-q1-deliveries-disappoint-but-ev-giant-reclaims-top-spot-from-chinese-rival">disappointing first-quarter deliveries</a>. At the time, Wedbush analyst Dan Ives said that <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38202377/elon-musk-should-pledge-3-5-year-tenure-as-ceo-says-wedbushs-dan-ives-70-of-the-val">70% of Tesla's value is Musk</a>.&nbsp;
&#8220;Musk is Tesla, Tesla is Musk,&#8221; he said.
In January earlier this year, Musk said that he <a href="https://www.benzinga.com/news/24/01/36634396/elon-musk-seeks-greater-control-over-tesla-as-ai-endeavors-multiply-enough-to-be-influential-not-so">would require increased control of Tesla</a> if he is to advance AI endeavors at the company. &#8220;I am uncomfortable growing Tesla to be a leader in AI &amp; robotics without having ~25% voting control. Enough to be influential, but not so much that I can&#8217;t be overturned.&#8221;
Previously, in 2020, <a href="https://www.benzinga.com/general/24/01/36574844/elon-musk-says-he-never-wanted-to-be-ceo-of-tesla-or-anything-running-companies-hurts-my-heart-but-h">Musk admitted that he never wanted</a> to be CEO of Tesla. &#8220;This is misinterpreted like I somehow don't love Tesla, which I do, it's just like trying not to go insane with work,&#8221; he said at the time.&nbsp;&nbsp;
Check out more of Benzinga's Future Of Consumer Tech by <a href="https://www.benzinga.com/topic/consumer-tech">following this link.</a>
Read Next: <a href="https://www.benzinga.com/news/24/04/38394597/elon-musk-reacts-to-marjorie-taylor-greenes-ally-revelation-of-fine-threat-by-house-authorities-mike">Elon Musk Reacts To Marjorie Taylor Greene&#8217;s Ally Revelation Of Fine Threat By House Authorities: Mike Johnson Removing Traces Of &#8216;Betrayal of America&#8217;</a>

Elon Musk Answers Question On Reducing Involvement At Tesla In Coming 3 Years: 'It's Rare For Me To Take A Sunday Afternoon'

<ul>
<li>TANDI is now the first and only novel hormone therapy available for the treatment of high-risk biochemical recurrent non-metastatic hormone-sensitive prostate cancer in the European Union (EU)</li>
<li>XTANDI can be given alone or in combination with androgen deprivation therapy</li>
<li>Approval is based on results from the positive Phase 3 EMBARK study which showed XTANDI alone or in combination with leuprolide reduced the risk of metastasis or death</li>
</ul>

ALPMY

Reported Earlier, Astellas' XTANDI (Enzalutamide) Granted European Commission Approval For Use In Additional Recurrent Early Prostate Cancer Treatment Setting

With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) to report a quarterly loss at $1.76 per share on revenue of $16.23 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Boeing shares rose 0.8% to $170.56 in after-hours trading.</li>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) posted weaker-than-expected earnings and sales results for its first quarter on Tuesday. The company reported first-quarter revenue of $21.3 billion, which missed a Street consensus estimate of $22.15 billion. The electric vehicle giant also announced plans to speed up the launch of new models. Tesla shares jumped 13.3% to $163.96 in the after-hours trading session.</li>
<li>Analysts are expecting AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) to post quarterly earnings at 54 cents per share on revenue of $30.54 billion. The company will release earnings before the markets open. AT&amp;T shares rose 1.2% to close at $16.50 on Tuesday.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Seagate Technology Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) posted upbeat earnings for its third quarter, while sales missed expectations. Seagate shares gained 1.8% to $88.10 in the after-hours trading session.</li>
<li>Analysts expect Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) to post quarterly earnings at 42 cents per share on revenue of $40.10 billion after the closing bell. Ford shares rose 0.9% to $13.05 in after-hours trading.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/04/38377866/top-2-health-care-stocks-which-could-rescue-your-portfolio-this-month">Top 2 Health Care Stocks Which Could Rescue Your Portfolio This Month</a>

Equities

Tesla, Boeing And 3 Stocks To Watch Heading Into Wednesday

Following payload deployment to two separate orbits, Electron&#39;s Kick Stage completed a final engine burn to lower its altitude and speed up its reentry to help reduce space junk

RKLB

Reported Earlier, Rocket Lab Deploys Satellites ~500km Apart To Separate Orbits For KAIST And NASA

Tesla, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO&nbsp;Elon Musk&nbsp;offered a glimpse into his&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/04/38286437/tesla-ceo-elon-musk-says-going-balls-to-the-wall-for-autonomous-driving-is-blindingly-obvious-as-eve" rel="noreferrer noopener">&#8220;blindingly obvious&#8221;&nbsp;robotaxi&nbsp;strategy</a>&nbsp;during the company&#8217;s first-quarter earnings call on Tuesday, highlighting a potential name for the autonomous vehicle — &#8220;Cybercab&#8221; — and a unique ownership model inspired by&nbsp;Airbnb&nbsp;and&nbsp;Uber.
Dual Ownership Fleet:&nbsp;Musk described the forthcoming&nbsp;robotaxi&nbsp;fleet as functioning &#8220;like a combination of Airbnb and Uber.&#8221; This suggests a two-pronged approach: Tesla will own and operate a segment of the&nbsp;robotaxi&nbsp;fleet, while also offering individuals the opportunity to integrate their&nbsp;personal&nbsp;vehicles into the network for rental purposes.&nbsp;
This concept echoes a similar vision presented by Musk in 2019, as per Reuters, where a&nbsp;robotaxi&nbsp;network was expected to be operational by 2020.
See Also: <a href="https://www.benzinga.com/money/everything-you-need-to-know-about-tesla-stock">How To Buy Tesla Stock </a>
&#8216;Cybercab&#8217; Name Emerges:&nbsp;During the call, Musk casually referred to the &#8220;purpose-built&nbsp;robotaxi&nbsp;product&#8221; as the &#8220;Cybercab.&#8221; While it&#8217;s unclear if this is a placeholder or the final name, it hints at a potential design direction.
Design Inspiration:&nbsp;According to Musk&#8217;s biographer&nbsp;Walter Isaacson, the design for the&nbsp;robotaxi, as well as the&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38262675/not-good-for-tesla-if-its-true-says-fund-manager-as-new-report-says-ev-maker-has-pu" rel="noreferrer noopener">now-scrapped $25,000 EV</a>, was influenced by a February 2023 design review session. Inspired&nbsp;<a target="_blank" href="https://www.benzinga.com/news/23/09/34422336/elon-musk-biographer-walter-isaacsons-interview-raises-speculations-on-tesla-robotaxi-design" rel="noreferrer noopener">by the Tesla Cybertruck</a>, both vehicles reportedly share a futuristic aesthetic characterized by angular lines and stainless steel construction.
Durability in Focus:&nbsp;In a playful jab at self-driving car company&nbsp;Waymo, Musk this week commented on a parody video showcasing the Cybertruck&#8217;s durability, suggesting it might be better suited for San Francisco&#8217;s&nbsp;robotaxi&nbsp;scene due to recent vandalism incidents.&nbsp;
Uncertain Timeline, Clearer Vision:&nbsp;While the precise timeline for the Cybercab&#8217;s launch remains unconfirmed, these developments paint a clearer picture of Tesla&#8217;s self-driving ambitions.&nbsp;
While some analysts like&nbsp;Gene Munster&nbsp;support Tesla&#8217;s focus on autonomous vehicles, others like&nbsp;Gary Black&nbsp;<a href="https://www.benzinga.com/news/24/04/38286437/tesla-ceo-elon-musk-says-going-balls-to-the-wall-for-autonomous-driving-is-blindingly-obvious-as-eve" target="_blank" rel="noreferrer noopener">warn it&#8217;s risky</a>&nbsp;to prioritize robotaxis over developing the previously planned low-cost electric car. Importantly, Musk has long championed autonomous Teslas functioning as robotaxis, even identifying it as a key driver of value in 2023.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/04/38395808/teslas-high-profile-departures-continue-as-investor-relations-head-martin-viecha-bids-farewell-after" target="_blank" rel="noreferrer noopener">Tesla&#8217;s High-Profile Departures Continue As Investor Relations Head Martin Viecha Bids Farewell After 7-Year Run</a>
Image generated using AI on Adobe Shutterstock

Tesla's Robotaxi To Be Called 'Cybercab?' Elon Musk Says Self-Driving Fleet Will Be Like 'Combination Of Airbnb And Uber'

CNTA

Reported Earlier, Centessa Pharmaceuticals Prices $100M Public Offering Of 10,810,810 American Depositary Shares At $9.25/ADS

The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the &#8220;Fear&#8221; zone on Tuesday.
U.S. stocks closed higher on Tuesday, recording gains for the second straight session.
On the economic data front, the S&amp;P Global composite PMI fell to 50.9 in April versus 52.1 a month ago. Sales of new single-family houses jumped 8.8% month-over-month to an annualized rate of 693,000 in March, compared to a revised 5.1% decline in February.
General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) reported better-than-expected earnings for its fiscal first quarter. PepsiCo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) reported first-quarter FY24 sales growth of 2.3% year-on-year to $18.25 billion, beating the analyst consensus estimate of $18.079 billion. JetBlue Airways Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) shares fell around 19% on Tuesday after the company reported first-quarter financial results and issued weak FY24 revenue outlook.
As far as the earnings season is concerned, around 20% of the S&amp;P 500 companies have released quarterly results so far, with around 76% of those exceeding market estimates.
Most sectors on the S&amp;P 500 closed on a positive note, with information technology, communication services and industrial stocks recording the biggest gains on Tuesday. However, materials stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 264 points to 38,503.69 on Tuesday. The S&amp;P 500 rose 1.20% at 5,070.55, while the Nasdaq Composite climbed 1.59% at 15,696.64 during Tuesday's session.
Investors are awaiting earnings results from Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>), The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) and Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) today.
At a current reading of 40.1, the index remained in the &#8220;Fear&#8221; zone on Tuesday, versus a prior reading of 38.1.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/04/38377428/over-10m-bet-on-this-healthcare-stock-check-out-these-4-stocks-insiders-are-buying">Over $10M Bet On This Healthcare Stock? Check Out These 4 Stocks Insiders Are Buying</a>

JBLU

Investor Sentiment Improves Further, Dow Jumps Over 250 Points

Brett Arends, a journalist for MarketWatch, recently expressed his views on Donald Trump&#8217;s $1.1 billion stock bonus deal with Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>). 
What Happened: During CNBC&#8217;s &#8220;Last Call&#8221; on Tuesday, Arends described the deal as a &#8220;no-lose&#8221; situation for the former president. The deal bumped Trump&#8217;s overall stake in the company to $3.7 billion shares.
&#8220;You&#8217;re dealing with a guy who is a pass-master at hustling,&#8221; Arends said, recognizing Trump&#8217;s marketing strategies and &#8220;playing the media.&#8221;
"When you look through the fine print, it's just amazing. The terms of this bonus are, which were written in there and nobody was paying attention to, basically was a no-lose deal for Donald Trump" Arends said. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">"It's just amazing," says <a href="https://twitter.com/MarketWatch?ref_src=twsrc%5Etfw">@marketwatch</a>'s <a href="https://twitter.com/BrettArends?ref_src=twsrc%5Etfw">@BrettArends</a> on Donald Trump's $1.1B stock bonus deal with Trump Media. "The terms of this bonus are… a no-lose deal for Donald Trump." <a href="https://twitter.com/search?q=%24DJT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DJT</a> <a href="https://t.co/fUaY3B5Wox">pic.twitter.com/fUaY3B5Wox</a>
&mdash; Last Call (@LastCallCNBC) <a href="https://twitter.com/LastCallCNBC/status/1782923314886758577?ref_src=twsrc%5Etfw">April 24, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/news/earnings/24/04/38390883/tesla-q1-earnings-highlights-ev-giant-misses-wall-street-estimates-makes-cost-cuts-invests-in-ai-sp?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Q1 Earnings Highlights: EV Giant Misses Wall Street Estimates, Makes Cost Cuts, Invests In AI, Spee</a>
Why It Matters: Trump could gain an <a href="https://www.benzinga.com/general/politics/24/04/38362005/donald-trump-may-soon-receive-36-million-more-djt-shares-key-milestone-ahead">additional $1.26 billion worth of DJT shares </a>if the company meets certain performance-based milestones. This potential windfall is part of an earnout provision from the original SPAC merger agreement with Digital World Acquisition Corporation.
However, DJT shares <a href="https://www.benzinga.com/markets/equities/24/04/38384714/whats-going-on-with-trump-media-technology-stock-on-tuesday">have been on a downward trend</a> recently. The stock has been in free fall for the last month. The company has even reached out to Nasdaq regarding suspected short-selling activity in its shares.
Price Action: Trump Media &amp; Technology Group Corp. closed at $32.57 on Tuesday, as per <a href="https://pro.benzinga.com">Benzinga Pro</a> data. The stock&#8217;s 52-week high is $79.38, and its 52-week low is $22.55. After hours, the stock was last traded at $32.15.
Read Next: <a href="https://www.benzinga.com/news/24/04/38339431/general-motors-and-ford-are-facing-the-same-challenge-as-they-run-back-to-gas-powered-trucks?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">General Motors And Ford Are Facing The Same Challenge As They Run Back To Gas-Powered Trucks</a>
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Analyst Color

Politics

General

'No-Lose Deal For Donald Trump,' Says Expert On Ex-President's $1.1B Stock Bonus Deal With DJT

The size of the offering was increased from the previously announced $250 million aggregate principal amount of notes. In connection with the offering of the notes, Vertex granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $45 million aggregate principal amount of notes. The sale of the notes to the initial purchasers is expected to settle on April 26, 2024, subject to customary closing

VERX

Reported Earlier, Vertex Prices Upsized $300M 0.750% Convertible Senior Notes Due 2029

In a recent statement, Kim Yo Jong, sister of North Korean leader Kim Jong Un, announced that North Korea is committed to strengthening its military power to safeguard its sovereignty and ensure regional peace.
What Happened: Kim Yo Jong condemned the U.S. military&#8217;s series of exercises in the region this year, beginning with live-fire drills conducted with South Korea, which she labeled as a cause of regional instability, Reuters reported on Wednesday. She referred to the South Korean military as &#8220;puppet military gangsters.&#8221;
&#8220;We will continue to build overwhelming and the most powerful military power to safeguard our sovereignty, security and regional peace,&#8221; she was quoted as saying by the North&#8217;s KCNA news agency.
The U.S. and South Korean militaries have been conducting a series of drills with increased scale and intensity in recent months, under a pledge by both countries&#8217; leaders to enhance military readiness against North Korea&#8217;s threats.
See Also: <a href="https://www.benzinga.com/news/24/04/38348277/trump-vs-biden-nationwide-poll-shows-key-issue-decidedly-tilts-equation-in-favor-of-one-candidate?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump vs. Biden: Nationwide Poll Shows Key Issue Decidedly Tilts Equation In Favor Of One Candidate</a>
About 100 military aircraft conducted two-week-long aerial drills this month, according to South Korea&#8217;s military. North Korea views these U.S. military exercises as preparations for a nuclear war against it, while Washington and Seoul maintain that the drills are defensive and conducted regularly to maintain readiness.
Why It Matters: This announcement comes on the heels of a series of events that have escalated tensions in the region. Earlier this year, North Korea conducted its fourth missile test,<a href="https://www.benzinga.com/news/24/04/38358710/kim-jong-uns-north-korea-conducts-fourth-missile-test-in-2024-alarms-south-korea-japan"> raising alarms in South Korea</a> and Japan. The missile was suspected to be a ballistic one, capable of deploying a hypersonic glide vehicle for delivering a nuclear payload.
In response to North Korea&#8217;s actions, the United States, South Korea, and Japan proposed the creation of a <a href="https://www.benzinga.com/news/24/04/38290092/us-and-asian-allies-propose-new-panel-to-monitor-sanctions-imposed-on-kim-jong-uns-north-korea">new body to oversee sanctions</a> enforcement. This initiative was proposed to maintain international pressure on North Korea.
Kim Yo Jong&#8217;s recent statement echoes her previous criticisms of the U.S., as <a href="https://www.benzinga.com/news/23/06/32663578/kim-jong-uns-powerful-sister-berates-us-for-gangster-like-hypocrisy-after-north-koreas-failed-spy-sa">she had slammed the U.S</a>. for &#8220;gangster-like&#8221; hypocrisy after North Korea&#8217;s failed military spy satellite launch in 2023.
Read Next: <a href="https://www.benzinga.com/news/24/04/38350223/us-base-in-syria-targeted-by-rockets-fired-from-iraq-washington-strikes-back-report?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">US Base In Syria Targeted By Rockets Fired From Iraq, Washington Strikes Back: Report</a>
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Global

Kim Jong Un's Sister Pledges To Build North Korea's 'Overwhelming' Military Power Amid Rising Regional Tensions

Paul Krugman, a prominent American economist, has weighed in on the current inflation debate, citing a recent survey by the Atlanta Federal Reserve that suggests stable inflation expectations.
What Happened: On Sunday, Krugman took to social media platform X to share his thoughts on the matter. He wrote, &#8220;Is inflation taking off again? Businesses don&#8217;t think so: Atlanta Fed survey shows inflation expectations stable at slightly above 2 percent.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Is inflation taking off again? Businesses don&#39;t think so: Atlanta Fed survey shows inflation expectations stable at slightly above 2 percent <a href="https://t.co/T8XdRP7oYq">pic.twitter.com/T8XdRP7oYq</a>
&mdash; Paul Krugman (@paulkrugman) <a href="https://twitter.com/paulkrugman/status/1782892538619204049?ref_src=twsrc%5Etfw">April 23, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/news/24/04/38350894/billionaire-investor-ray-dalio-is-sticking-with-gold-as-a-hedge-against-inflation-history-and-logic?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Billionaire Investor Ray Dalio Is Sticking With Gold As A Hedge Against Inflation: &#8216;History And Logic Sho</a>
Why It Matters: Krugman&#8217;s comments come at a time when the topic of inflation is a major concern for the market. The <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38389508/did-the-feds-strategy-pay-off-goldman-sachs-projects-steady-inflation-decline-in-20">Federal Reserve&#8217;s strategy</a> and the impact of government spending on inflation have been hotly debated. Former Dallas Fed President Robert Kaplan recently suggested that government spending was contributing to sustained inflation, making rate cuts unadvisable.
However, Goldman Sachs economist Jessica Rindels has predicted a decline in the core Personal Consumption Expenditure (PCE) Inflation for the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38389508/did-the-feds-strategy-pay-off-goldman-sachs-projects-steady-inflation-decline-in-20">rest of the year</a>, attributing the recent inflation increases to transient factors.
Meanwhile, the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38381361/us-private-sector-growth-unexpectedly-slows-in-april-marks-lowest-increase-in-4-mon">latest data on U.S. private sector activity</a> indicates a significant and unexpected slowdown in growth, marking the softest expansion since December. This slowdown has been accompanied by a welcome moderation in the rates of increase for selling prices in both goods and services.
Notably, the drivers of inflation have changed. Manufacturing has now registered a steeper rate of price increases in three of the past four months, with factory cost pressures intensifying in April amid higher raw material and fuel prices, contrasting with the wage-related, services-led price pressures seen throughout much of 2023,&#8221; Chris Williamson, chief business economist at S&amp;P Global Market Intelligence stated.
Contrasting Krugman&#8217;s views, economist Peter Schiff cautioned in March that despite the Federal Reserve&#8217;s signaling of three <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/38013652/peter-schiff-warns-of-far-more-devastating-outcome-than-2008-global-financial-crisi">potential rate cuts</a> this year under Jerome Powell&#8217;s leadership, the central bank&#8217;s thinking might be erroneous, especially with the annual rate of personal consumption expenditure index ticking up.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38358074/peter-schiff-warns-against-piling-risk-assets-like-tech-stocks-and-bitcoin-amid-inf?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Peter Schiff Warns Against Piling &#8216;Risk Assets&#8217; Like Tech Stocks And Bitcoin Amid Inflation Concerns: &#8216;In</a>
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Economics

'Is Inflation Taking Off Again?' Paul Krugman Dismisses Fears, Citing Atlanta Fed Survey

The U.S. Congress has finally approved a comprehensive&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/03/37656991/ukraine-to-receive-300-million-in-us-military-aid-as-battle-with-russia-intensifies" rel="noreferrer noopener">foreign aid package</a>, totaling $95 billion, for Ukraine, Israel, and Taiwan, in a move to counter Russia&#8217;s ongoing invasion of Ukraine.
What Happened: The Senate passed four bills on Tuesday, with a vote of 79-18, that were previously approved by the House of Representatives, reported Reuters. The bills encompass mostly military aid for Ukraine, Israel, Taiwan, and U.S. partners in the Indo-Pacific.
The package includes a $61 billion allocation for Ukraine, $26 billion for Israel, and humanitarian aid for civilians in conflict zones globally. It also sets aside $8.12 billion to &#8220;counter communist China&#8221; in the Indo-Pacific. A fourth bill, added by the House last week, includes potential bans on the Chinese-controlled social media app TikTok, measures for the transfer of seized Russian assets to Ukraine, and new sanctions on Iran.
The aid package is expected to be signed into law by President&nbsp;Joe Biden&nbsp;on Wednesday. The bills were combined into one package in the Senate.
See Also:&nbsp;<a target="_blank" href="https://www.benzinga.com/money/best-aerospace-defense-stocks" rel="noreferrer noopener">Best Aerospace and Defense Stocks</a>
Ukrainian President&nbsp;Volodymyr Zelenskiy&nbsp;expressed gratitude to U.S. lawmakers for approving the &#8220;vital&#8221; aid for Ukraine, emphasizing the reinforcement of America&#8217;s role as a beacon of democracy and the leader of the free world.
Both Democratic and Republican leaders in the Senate anticipate that the aid package will send a clear message to Russian President&nbsp;Vladimir Putin&nbsp;and other foreign adversaries that the U.S. will continue to support Ukraine and its partners.
Why It Matters: The approval of the aid package comes amid&nbsp;<a target="_blank" href="https://www.benzinga.com/24/04/38349780/russia-foresees-humiliating-fiasco-for-us-in-ukraine-support-kremlin-drops-vietnam-and-afghanistan-r" rel="noreferrer noopener">warnings from the Kremlin</a>&nbsp;that the U.S. support for Ukraine could result in a &#8220;humiliating fiasco,&#8221; drawing parallels with Vietnam and Afghanistan. The aid package also includes measures for the transfer of seized Russian assets to Ukraine, a move that&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/04/38376263/russia-threatens-retaliation-over-potential-seizure-of-frozen-assets-to-aid-ukraine" rel="noreferrer noopener">Russia has threatened to retaliate against</a>.
The approval of this aid package is a significant step in the U.S.&#8217;s response to Russia&#8217;s invasion of Ukraine and its broader geopolitical strategy in the Indo-Pacific.
Read Next: <a href="https://www.benzinga.com/news/24/04/38394855/biden-set-to-sign-tiktok-ban-into-law-after-senate-passes-bill-supported-by-gop-democrats" target="_blank" rel="noreferrer noopener">Biden Set To Sign TikTok Ban Into Law After Senate Passes Bill Supported By GOP, Democrats</a>
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Media

US Congress Finally Passes $95B Foreign Aid Bill For Ukraine, Israel, Taiwan Amid Simmering Russian Aggression

Sobr Safe Inc (SOBR) stock is higher by 23.36% over the last 12 months. InvestorsObserverâ€&#x2122;s proprietary ranking system, gives SOBR stock a score of  22 out of a possible 100. That rank is chiefly influenced by a long-term technical score of 28. SOBR's rank also includes a short-term technical score of 38.  SOBR has an Over

Sobr Safe Inc (SOBR) Stock Has Fallen -10.20% This Week: Buy, Hold, or Sell?

These Technology stocks are trading higher:-Splunk Inc (SPLK) stock is trading at $144.96, a gain of $25.37, or 21.21%, on high volume.  Splunk Inc gets a Sentiment Score of Bearish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price target of $125.33.  -Sobr Safe Inc (SOBR) sto

Technology Stocks on the Move Thursday: SPLK, SOBR, MLGO, TRT, MAPS, API, CETX, MYSZ

SASI, TAOP among major tech gainers; ADEA, SOBR among losers

Warning: SOBR is at high risk of performing badly

Sobr Safe Inc (SOBR) stock is lower by -67.38% over the last 12 months. InvestorsObserverâ€&#x2122;s proprietary ranking system, gives SOBR stock a score of  16 out of a possible 100. That rank is primarily influenced by a long-term technical score of 14. SOBR's rank also includes a short-term technical score of 33.  SOBR has an Ov

Sobr Safe Inc (SOBR) Stock Is Up 4.55% This Week: Buy, Hold, or Sell?

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
We&rsquo;re starting off Tuesday with a breakdown of all the biggest pre-market stock movers traders need to know about!



Moving stocks this morning are delisting notices, 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>ReAlpha Tech (NASDAQ:<a href="https://investorplace.com/stock-quotes/aire-stock-quote/">AIRE</a>) stock is rocketing more than 70% alongside heavy pre-market trading.</li>



<li>Alaunos Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/tcrt-stock-quote/">TCRT</a>) shares are surging 45% with strong early morning trading.</li>



<li>Theseus Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/thrx-stock-quote/">THRX</a>) stock is soaring over 35% after announcing plans to <a href="https://www.nasdaq.com/press-release/theseus-pharmaceuticals-announces-process-to-explore-strategic-alternatives-2023-11">explore strategic alternatives</a>.</li>



<li>Invo Bioscience (NASDAQ:<a href="https://investorplace.com/stock-quotes/invo-stock-quote/">INVO</a>) shares are rising more than 33% with the release of its <a href="https://www.prnewswire.com/news-releases/invo-reports-record-third-quarter-2023-financial-results-301986483.html">Q3 2023 earnings report</a>.</li>



<li>Hanryu (NASDAQ:<a href="https://investorplace.com/stock-quotes/hryu-stock-quote/">HRYU</a>) stock is gaining close to 33% without any clear news this morning.</li>



<li>Redhill Biopharma (NASDAQ:<a href="https://investorplace.com/stock-quotes/rdhl-stock-quote/">RDHL</a>) shares are increasing over 19% despite a lack of news today.</li>



<li>Sobr Safe (NASDAQ:<a href="https://investorplace.com/stock-quotes/sobr-stock-quote/">SOBR</a>) stock is heading more than 16% higher on Tuesday morning.</li>



<li>Absci (NASDAQ:<a href="https://investorplace.com/stock-quotes/absi-stock-quote/">ABSI</a>) shares are jumping 16% after announcing a <a href="https://www.nasdaq.com/press-release/almirall-and-absci-announce-ai-drug-discovery-partnership-to-rapidly-develop-novel-0">drug discovery partnership</a>.</li>



<li>BioNexus Gene Lab (NASDAQ:<a href="https://investorplace.com/stock-quotes/bglc-stock-quote/">BGLC</a>) stock is getting an over 15% boost <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317859801&amp;type=PDF&amp;symbol=BGLC&amp;cdn=70565f2969e4e9dd9b19f3c5cd70639b&amp;companyName=BioNexus+Gene+Lab+Corp&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2023-11-13">despite a delisting notice</a>.</li>



<li>PaxMedica (NASDAQ:<a href="https://investorplace.com/stock-quotes/pxmd-stock-quote/">PXMD</a>) shares are up more than 13% today.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Beauty Health (NASDAQ:<a href="https://investorplace.com/stock-quotes/skin-stock-quote/">SKIN</a>) stock is crashing over 52% after <a href="https://finance.yahoo.com/news/beautyhealth-reports-third-quarter-2023-211000160.html">failing to impress in Q3</a>.</li>



<li>Trivago (NASDAQ:<a href="https://investorplace.com/stock-quotes/trvg-stock-quote/">TRVG</a>) shares are plummeting 44% following <a href="https://www.nasdaq.com/press-release/trivago-announces-ex-dividend-date-for-extraordinary-dividend-and-updates-effective">a ratio change</a>.</li>



<li>Kubient (NASDAQ:<a href="https://investorplace.com/stock-quotes/kbnt-stock-quote/">KBNT</a>) stock is diving more than 40% as it <a href="https://www.nasdaq.com/press-release/kubient-announces-voluntary-delisting-from-the-nasdaq-capital-market-2023-11-13">plans to delist its shares</a>.</li>



<li>Applied UV (NASDAQ:<a href="https://investorplace.com/stock-quotes/auvi-stock-quote/">AUVI</a>) shares are taking an over 28% beating with the <a href="https://www.nasdaq.com/press-release/applied-uv-announces-selected-preliminary-third-quarter-2023-financial-results-2023">release of preliminary earnings</a>.</li>



<li>Harrow (NASDAQ:<a href="https://investorplace.com/stock-quotes/hrow-stock-quote/">HROW</a>) stock is tumbling almost 25% alongside its <a href="https://www.nasdaq.com/press-release/harrow-announces-third-quarter-2023-financial-results-2023-11-13">Q3 earnings report</a>.</li>



<li>Akili (NASDAQ:<a href="https://investorplace.com/stock-quotes/akli-stock-quote/">AKLI</a>) shares are sliding more than 19% on Tuesday morning.</li>



<li>Canadian Solar (NASDAQ:<a href="https://investorplace.com/stock-quotes/csiq-stock-quote/">CSIQ</a>) stock is decreasing over 15% on <a href="https://www.marketwatch.com/story/canadian-solar-profit-revenue-fall-in-3q-on-softer-demand-97712881">weak Q3 earnings</a>.</li>



<li>Peraso (NASDAQ:<a href="https://investorplace.com/stock-quotes/prso-stock-quote/">PRSO</a>) shares are slipping more than 14% with the release of <a href="https://www.sfchronicle.com/business/article/peraso-q3-earnings-snapshot-18489214.php">Q3 earnings results</a>.</li>



<li>GlucoTrack (NASDAQ:<a href="https://investorplace.com/stock-quotes/gctk-stock-quote/">GCTK</a>) stock is dipping nearly 14% today.</li>



<li>Fisker (NYSE:<a href="https://investorplace.com/stock-quotes/fsr-stock-quote/">FSR</a>) shares close out our pre-market stock movers down over 13% on <a href="https://www.cnbc.com/2023/11/13/fisker-fsr-earnings-report-q3-2023.html">lackluster Q3 results</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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	</div>The post <a href="https://investorplace.com/2023/11/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-tuesday-nov-14th/">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>
We&rsquo;re starting the final day of trading this week with a look at the biggest pre-market stock movers for Friday!



Moving stocks today are earnings news, new agreements, investments, public offerings and more.



Let&rsquo;s dive into that news below!



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



<ol><li>Mesa Air (NASDAQ:<a href="https://investorplace.com/stock-quotes/mesa-stock-quote/">MESA</a>) stock is rocketing more than 59% after <a href="https://www.nasdaq.com/press-release/mesa-air-group-enters-new-agreements-with-united-airlines-for-improved-operating-and">announcing a new agreement</a> with United Airlines (NASDAQ:<a href="https://investorplace.com/stock-quotes/ual-stock-quote/">UAL</a>).</li>



<li>Treasure Global (NASDAQ:<a href="https://investorplace.com/stock-quotes/tgl-stock-quote/">TGL</a>) shares are soaring over 37% on news of Vt Smart Venture <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317990976&amp;type=PDF&amp;symbol=TGL&amp;cdn=afca7d06e0f9a8c127678d4a818237bb&amp;companyName=Treasure+Global+Inc.&amp;formType=SC+13G&amp;formDescription=Statement+of+acquisition+of+beneficial+ownership+by+individuals&amp;dateFiled=2024-01-18">taking a stake in the company</a>.</li>



<li>Phunware (NASDAQ:<a href="https://investorplace.com/stock-quotes/phun-stock-quote/">PHUN</a>) stock is surging more than 31% with ongoing volatility.</li>



<li>KWESST Micro Systems (NASDAQ:<a href="https://investorplace.com/stock-quotes/kwe-stock-quote/">KWE</a>) shares are gaining over 19% after annouincing <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317991680&amp;type=PDF&amp;symbol=KWE&amp;cdn=ebd21afc1fc250bfc983fce5ffd1e5ff&amp;companyName=KWESST+Micro+Systems+Inc.&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=2024-01-18">year-end results for 2023</a>.</li>



<li>Charge Enterprises (NASDAQ:<a href="https://investorplace.com/stock-quotes/crge-stock-quote/">CRGE</a>) stock is increasing more than 19% with heavy pre-market trading.</li>



<li>Auddia (NASDAQ:<a href="https://investorplace.com/stock-quotes/auud-stock-quote/">AUUD</a>) shares are heading over 17% higher on Friday morning.</li>



<li>Itron (NASDAQ:<a href="https://investorplace.com/stock-quotes/itri-stock-quote/">ITRI</a>) stock is rising more than 15% after <a href="https://www.nasdaq.com/press-release/itron-to-announce-fourth-quarter-and-full-year-2023-results-on-feb.-26-2024-2024-01">releasing Q4 earnings results</a>.</li>



<li>Cyngn (NASDAQ:<a href="https://investorplace.com/stock-quotes/cyn-stock-quote/">CYN</a>) shares are climbing over 15% with heavy trading ahead of <a href="https://www.nasdaq.com/press-release/cyngn-to-present-at-the-sequire-investor-summit-in-puerto-rico-2024-01-19">a presentation next week</a>.</li>



<li>Siyata Mobile (NASDAQ:<a href="https://investorplace.com/stock-quotes/syta-stock-quote/">SYTA</a>) stock is jumping more than 13% without any obvious news today.</li>



<li>Society Pass (NASDAQ:<a href="https://investorplace.com/stock-quotes/sopa-stock-quote/">SOPA</a>) shares are up over 13% on Friday.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>iRobot (NASDAQ:<a href="https://investorplace.com/stock-quotes/irbt-stock-quote/">IRBT</a>) stock is plummeting more than 37% on reports that its acquisition by Amazon (NASDAQ:<a href="https://investorplace.com/stock-quotes/amzn-stock-quote/">AMZN</a>) <a href="https://www.reuters.com/markets/deals/eu-antitrust-regulator-intends-block-amazons-irobot-acquisition-wsj-2024-01-18/">is likely to fail</a>.</li>



<li>Esperion Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/espr-stock-quote/">ESPR</a>) shares are diving over 25% after announcing a <a href="https://www.globenewswire.com/news-release/2024/01/18/2811932/0/en/Esperion-Announces-Proposed-Public-Offering-of-Common-Stock.html">proposed public offering</a>.</li>



<li>AST SpaceMobile (NASDAQ:<a href="https://investorplace.com/stock-quotes/asts-stock-quote/">ASTS</a>) stock is tumbling more than 23% <a href="https://www.businesswire.com/news/home/20240118821356/en/AST-SpaceMobile-Inc.-Announces-Launch-of-Offering-of-100000000-of-Class-A-Common-Stock">alongside a new stock offering</a>.</li>



<li>C3is (NASDAQ:<a href="https://investorplace.com/stock-quotes/ciss-stock-quote/">CISS</a>) shares are taking a close to 23% beating as a <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317993558&amp;type=PDF&amp;symbol=CISS&amp;cdn=d76001e44286f65acc7cfaa54eea0202&amp;companyName=C3is+Inc.&amp;formType=EFFECT&amp;formDescription=Notice+of+Effectiveness&amp;dateFiled=2024-01-18">public offering goes into effect</a>.</li>



<li>Aravive (NASDAQ:<a href="https://investorplace.com/stock-quotes/arav-stock-quote/">ARAV</a>) stock is sliding over 17% as it <a href="https://investorplace.com/2024/01/why-is-aravive-arav-stock-down-52-today/">prepares for delisting</a>.</li>



<li>Sobr Safe (NASDAQ:<a href="https://investorplace.com/stock-quotes/sobr-stock-quote/">SOBR</a>) shares are decreasing more than 14% this morning.</li>



<li>MorphoSys (NASDAQ:<a href="https://investorplace.com/stock-quotes/mor-stock-quote/">MOR</a>) stock is dropping over 13% today.</li>



<li>New Horizon Aircraft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOVR#NASDAQ">HOVR</a>) shares are falling more than 12% <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317990818&amp;type=PDF&amp;symbol=HOVR&amp;cdn=682bc2d45b9f62cd41061e5f2a049c85&amp;companyName=New+Horizon+Aircraft+Ltd.&amp;formType=4&amp;formDescription=Statement+of+changes+in+beneficial+ownership+of+securities&amp;dateFiled=2024-01-17">following insider buying</a>.</li>



<li>ReTo Eco-Solutions (NASDAQ:<a href="https://investorplace.com/stock-quotes/reto-stock-quote/">RETO</a>) stock is declining over 12% on Friday.</li>



<li>Vision Marine (NASDAQ:<a href="https://investorplace.com/stock-quotes/vmar-stock-quote/">VMAR</a>) shares are close out our pre-market stock movers down more than 11%.</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-friday-jan-19th/">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

Amid the backdrop of rising digitization initiatives and widespread adoption of cutting-edge technologies, the tech industry appears well-positioned for robust growth. Let's analyze tech stocks, Western Digital Corporation (WDC), Science Applications International (SAIC), Gilat Satellite Networks (GILT), and SOBR Safe (SOBR) to determine whether they are a Buy or Sell... The tech industry is experiencing solid growth thanks to the high demand for advanced tech solutions, increased automation, and higher investments in digital transformation initiatives across industries. Moreover, the tech sector looks well-poised to benefit from expected interest rate cuts by the Federal Reserve this year, further supporting its overall expansion.
Considering these factors, investors could consider buying fundamentally strong tech stocks Science Applications International Corporation (<a href="https://stocknews.com/stock/SAIC/">SAIC</a>) and Gilat Satellite Networks Ltd. (<a href="https://stocknews.com/stock/GILT/">GILT</a>). Meanwhile, despite the favorable backdrop, it could be wise to avoid Western Digital Corporation (<a href="https://stocknews.com/stock/WDC/">WDC</a>) and SOBR Safe, Inc. (<a href="https://stocknews.com/stock/SOBR/">SOBR</a>), given their weak fundamentals and poor growth prospects.
Before delving deeper into their fundamentals, let's discuss what's shaping the tech industry's prospects.
The excitement around generative AI and its applications and the anticipated rate cuts by the Federal Reserve this year have fueled the strong performance of the Nasdaq Composite, leading to its 34.4% rise over the past year.
The tech industry prospects are being shaped by heavy investments in digitization to modernize operations, boost agility, gain a competitive edge, and improve efficiency. Enterprises globally are strengthening their digital capabilities through investments in digital transformation, which is driving positive momentum for tech companies.
According to Gartner, global IT spending is anticipated to reach $5 trillion this year, reflecting a 6.8% increase over 2023. Moreover, spending on IT services this year is projected to grow 8.7% year-over-year to <a href="https://www.gartner.com/en/newsroom/press-releases/01-17-2024-gartner-forecasts-worldwide-it-spending-to-grow-six-point-eight-percent-in-2024">$1.50 trillion</a>.
Meanwhile, the demand for communication and networking equipment is on the rise due to emerging technologies such as 5G, Network Function Virtualization (NFV), IoT integration, increasing data traffic, expanding data centers, and cloud services adoption. The global optical communication and networking equipment market is projected to grow at a <a href="https://finance.yahoo.com/news/global-optical-communication-networking-equipment-094300881.html">CAGR of 15.8%</a>, reaching $107.46 billion by 2030.
Furthermore, with the surge in digitization initiatives, there is a growing demand for advanced hardware solutions capable of meeting complex processing demands and increased workloads. The IT hardware market is anticipated to expand at a CAGR of 7.9%, reaching <a href="https://www.mordorintelligence.com/industry-reports/global-it-hardware-market">$191.03 billion by 2029</a>.
Investors' interest in tech stocks is evident from the Technology Select Sector SPDR ETF's (<a href="https://stocknews.com/stock/XLK/">XLK</a>) 46% returns over the past year.
Considering these conducive trends, let's analyze the fundamentals of the abovementioned technology stocks.
Stocks to Buy:
Science Applications International Corporation (<a href="https://stocknews.com/stock/SAIC/">SAIC</a>) 
SAIC provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include a comprehensive range of engineering, technology, IT, logistics, training, simulation, and end-to-end services, including cloud migration, managed services, infrastructure modernization, and data management platform solutions.
On February 8, 2024, SAIC was awarded an $80.5 million U.S. Navy contract to design, produce, and deliver MK 710 Torpedo System Test Sets (TSTS), enhancing the Navy's capability to validate MK 48 heavyweight torpedoes' operational status, supporting training and tactics development.
On January 11, 2024, SAIC was awarded a $156 million U.S. Army Reserve contract for IT Service Management, providing cost-effective enterprise IT solutions and support to over 65,000 users across global locations, focusing on mission value, user experience, and cybersecurity.
In terms of the trailing-12-month Return on Total Assets, SAIC's 9.05% is 87% higher than the 4.84% industry average. Likewise, its 29.14% trailing-12-month Return on Common Equity is 141.8% higher than the industry average of 12.05%. Furthermore, the stock's 1.36x trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a> is 69.7% higher than the industry average of 0.80x.
For the third quarter that ended November 3, 2023, SAIC's revenues came in at $1.90 billion. Its adjusted operating income increased 5.9% over the prior-year quarter to $144 million. The company's adjusted EBITDA rose 4.7% from the year-ago value to $178 million. In addition, its adjusted EPS came in at $2.27, representing an increase of 19.5% year-over-year.
Street expects SAIC's revenue for the quarter ending July 31, 2024, to increase 2.9% year-over-year to $1.84 billion. Its EPS for fiscal 2024 is expected to increase 4.6% year-over-year to $7.89. It surpassed the consensus EPS estimates in each of the trailing four quarters. Over the past nine months, the stock has gained 38.4% to close the last trading session at $136.12.
SAIC's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect strong prospects. It has an overall rating of B, translating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It is ranked #13 out of 75 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a>. It has a B grade for Value and Momentum. <a href="https://stocknews.com/stock/SAIC/">Click here</a> to see SAIC's ratings for Growth, Stability, Sentiment, and Quality.
Gilat Satellite Networks Ltd. (<a href="https://stocknews.com/stock/GILT/">GILT</a>)
Headquartered in Petah Tikva, Israel, GILT and its subsidiaries provide satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally. It operates in three segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services.
On February 8, 2024, GILT announced a $10 million follow-on order from the US Department of Defense for DKET 3421 terminals, facilitating easy-to-deploy transportable satcom network hubs with operational flexibility, scalability, and rapid deployment capability in diverse environments.
On January 16, 2024, GILT was awarded a $17 million contract by Pronatel to expand a regional telecommunications project in Peru, adding connectivity to 35 new localities, schools, and health posts and implementing free Wi-Fi hotspots and a community telecenter for 10 years to promote digital inclusion and literacy in the Amazonas region.
In terms of the trailing-12-month EBIT margin, GILT's 11.91% is 153.8% higher than the 4.69% industry average. Its 16.70% trailing-12-month EBITDA margin is 82.9% higher than the 9.13% industry average. Likewise, its 7.51% trailing-12-month Return on Total Capital is 202% higher than the industry average of 2.49%.
GILT's revenues for the fiscal third quarter ended September 30, 2023, increased 5.9% year-over-year to $63.93 million. Its non-GAAP gross profit rose 12.1% over the prior-year quarter to $25.91 million. The company's non-GAAP operating income stood at $6.10 million, up 39.6% over the year-ago quarter.
For the same quarter, its non-GAAP net income rose 51.2% over the prior-year quarter to $4.58 million. Also, its non-GAAP EPS came in at $0.08, representing an increase of 33.3% year-over-year.
For the quarter ended December 31, 2023, GILT's revenue is expected to increase 4.6% year-over-year to $75.99 million. Over the past nine months, the stock has gained 10.3% to close the last trading session at $6.30.
GILT's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
It has an A grade for Sentiment and a B for Growth, Value, and Quality. Within the <a href="https://stocknews.com/category/technology-communication-networking/">Technology – Communication/Networking</a> industry, it is ranked first out of 46 stocks. To access the other ratings of GILT for Momentum and Stability, <a href="https://stocknews.com/stock/GILT/">click here</a>.
Stocks to Sell:
Western Digital Corporation (<a href="https://stocknews.com/stock/WDC/">WDC</a>)
WDC develops, manufactures, and sells data storage devices and solutions internationally. It offers client devices such as HDDs and SSDs for PCs, gaming consoles, set-top boxes, and flash-based embedded storage products for mobile devices, automotive, IoT, industrial, and connected home applications.
In terms of the trailing-12-month gross profit margin, WDC's 8.29% is 83.1% lower than the 49.01% industry average. Likewise, its 0.46x trailing-12-month asset turnover ratio is 25.9% lower than the industry average of 0.61x.
WDC's non-GAAP revenue for the fiscal second quarter, which ended on December 29, 2023, declined 2.4% year-over-year to $3.03 billion. The company's non-GAAP operating loss stood at $91 million. Moreover, its non-GAAP net loss and EPS widened 55.6% and 64.2% year-over-year to $210 million and $0.69 per share, respectively.
Analysts expect WDC's EPS for fiscal 2024 to remain negative. Over the past nine months, the stock has declined 39.3% to close the last trading session at $53.39.
WDC's POWR Ratings reflect its grim prospects. It has an overall rating of D, which translates to a Sell in our proprietary rating system.
It is ranked #31 out of 36 stocks in the A-rated <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry. It has a D grade for Value, Stability, and Quality. <a href="https://stocknews.com/stock/WDC/">Click here</a> to see WDC's Growth, Momentum, and Sentiment ratings.
SOBR Safe, Inc. (<a href="https://stocknews.com/stock/SOBR/">SOBR</a>)
SOBR is a hardware and software company that develops non-invasive alcohol detection, biometric identity verification, and real-time cloud-based alerts and reporting systems in North America.
In terms of the trailing-12-month asset turnover ratio, SOBR's 0.02x is 97.5% lower than the 0.61x industry average. Its 44.50% trailing-12-month gross profit margin is 9.2% lower than the industry average of 49.01%.
For the third quarter ended September 30, 2023, SOBR's loss from operations came in at $2.07 million. Also, the company's net loss attributable to common stockholders and loss per common share stood at $2.20 million and $0.12, respectively.
Over the past year, SOBR's stock has declined 72.7% to close the last trading session at $0.67.
SOBR's weak outlook is reflected in its POWR Ratings. It has an overall rating of F, equating to a Strong Sell in our proprietary rating system.
It has an F grade for Value and Quality and a D for Growth and Stability. It is ranked #38 in the same industry. To see SOBR's Momentum and Sentiment ratings, <a href="https://stocknews.com/stock/SOBR/">click here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
WDC shares were trading at $55.85 per share on Thursday afternoon, up $2.46 (+4.61%). Year-to-date, WDC has gained 6.65%, versus a 6.55% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/wdc-saic-gilt-sobr-buy-or-sell-these-4-tech-stocks/>Buy or Sell These 4 Tech Stocks?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Buy or Sell These 4 Tech Stocks?

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Pre-market stock movers are a hot topic on Thursday as we check out all of the biggest stories moving shares this morning!



Moving stocks this morning are public debuts, 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>Avalo Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/avtx-stock-quote/">AVTX</a>) stock is rocketing more than 268% after announcing a <a href="https://www.globenewswire.com/news-release/2024/03/27/2853595/0/en/Avalo-Acquires-Anti-IL-1%CE%B2-mAb-and-Announces-Private-Placement-Financing-of-up-to-185-Million.html">$185 million private placement</a>.</li>



<li>Binah Capital (NASDAQ:<a href="https://investorplace.com/stock-quotes/bcg-stock-quote/">BCG</a>) shares are soaring over 98% <a href="https://www.prnewswire.com/news-releases/binah-capital-group-inc-announces-listing-on-nasdaq-stock-market-llc-302098940.html">after going public yesterday</a>.</li>



<li>Kidpik (NASDAQ:<a href="https://investorplace.com/stock-quotes/pik-stock-quote/">PIK</a>) stock is surging more than 62% after <a href="https://www.nasdaq.com/press-release/kidpik-regains-compliance-with-the-nasdaq-minimum-bid-price-requirement-2024-03-25">regaining listing compliance</a>.</li>



<li>Cazoo (NYSE:<a href="https://investorplace.com/stock-quotes/czoo-stock-quote/">CZOO</a>) shares are gaining over 35% as it continues a recent rally.</li>



<li>Kintara Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/ktra-stock-quote/">KTRA</a>) stock is increasing more than 32% after <a href="https://ng.investing.com/news/stock-market-news/kintara-broadens-rem001-study-to-include-key-drug-93CH-1276596">expanding a clinical trial</a>.</li>



<li>Andretti Acquisition (NYSE:<a href="https://investorplace.com/stock-quotes/wnnr-stock-quote/">WNNR</a>) shares are rising over 21% as it <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318185968&amp;type=PDF&amp;symbol=WNNR&amp;cdn=7a2f6b4131d0baa08c51e9a752745d39&amp;companyName=Andretti+Acquisition+Corp.+Class+A&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2024-03-26">closes in on a merger deal</a>.</li>



<li>Keyarch Acquisition (NASDAQ:<a href="https://investorplace.com/stock-quotes/kych-stock-quote/">KYCH</a>) stock is heading more than 20% higher as it <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318192433&amp;type=PDF&amp;symbol=KYCH&amp;cdn=d7ba84dd643c6f1ac06409af8b5eeb0c&amp;companyName=Keyarch+Acquisition+Corporation&amp;formType=425&amp;formDescription=Prospectuses+and+communications%2C+business+combinations&amp;dateFiled=2024-03-27">prepares to complete a merger</a>.</li>



<li>Listed Funds Trust Opportunistic Trader ETF (NYSEARCA:<a href="https://investorplace.com/stock-quotes/wzrd-stock-quote/">WZRD</a>) shares are climbing over 19% on Thursday morning.</li>



<li>MyMD Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/mymd-stock-quote/">MYMD</a>) stock is jumping more than 18% after <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318188255&amp;type=PDF&amp;symbol=MYMD&amp;cdn=d095121bed2225092c887231499ecf34&amp;companyName=MyMD+Pharmaceuticals+Inc.&amp;formType=8-K%2FA&amp;formDescription=%5BAmend%5DCurrent+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2024-03-26">amending its allowed number of shares</a>.</li>



<li>Srivaru (NASDAQ:<a href="https://investorplace.com/stock-quotes/svmh-stock-quote/">SVMH</a>) shares are up over 16% as it <a href="https://finance.yahoo.com/news/srivaru-svmh-prana-2-0-123000372.html">continues a rally from yesterday</a>.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Urban-gro (NASDAQ:<a href="https://investorplace.com/stock-quotes/ugro-stock-quote/">UGRO</a>) stock is diving more than 18% with the release of its <a href="https://www.nasdaq.com/press-release/urban-gro-inc.-reports-2023-financial-results-and-provides-outlook-on-2024">latest earnings report</a>.</li>



<li>GCT Semiconductor (NYSE:<a href="https://investorplace.com/stock-quotes/gcts-stock-quote/">GCTS</a>) shares are tumbling over 18% <a href="https://finance.yahoo.com/news/gct-semiconductor-becomes-publicly-traded-223000931.html">after going public yesterday</a>.</li>



<li>Wetouch Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/weth-stock-quote/">WETH</a>) stock is taking a more than 18% beating without any clear news this morning.</li>



<li>Sobr Safe (NASDAQ:<a href="https://investorplace.com/stock-quotes/sobr-stock-quote/">SOBR</a>) shares are sliding over 18% following a <a href="https://www.nasdaq.com/press-release/register-now-for-todays-behavioral-health-webinar-the-future-of-alcohol-monitoring-is">new presentation yesterday</a>.</li>



<li>NuCana (NASDAQ:<a href="https://investorplace.com/stock-quotes/ncna-stock-quote/">NCNA</a>) stock is falling more than 17% as it <a href="https://www.marketwatch.com/story/nucana-american-depositary-shares-fall-on-news-of-planned-ratio-change-a99b9a3d">plans a ratio change</a>.</li>



<li>Gamida Cell (NASDAQ:<a href="https://investorplace.com/stock-quotes/gmda-stock-quote/">GMDA</a>) shares are decreasing over 16% as they <a href="https://investorplace.com/2024/03/why-is-gamida-cell-gmda-stock-down-82-today/">continue yesterday&rsquo;s negative movement</a>.</li>



<li>MillerKnoll (NASDAQ:<a href="https://investorplace.com/stock-quotes/mlkn-stock-quote/">MLKN</a>) stock is dropping more than 16% after <a href="https://investorplace.com/earning-results/2024/03/mlkn-stock-earnings-millerknoll-for-q3-of-2024/">missing revenue estimates</a>.</li>



<li>Abits (OTCMKTS:<a href="https://investorplace.com/stock-quotes/abit-stock-quote/">ABIT</a>) shares are slipping over 15% on Thursday.</li>



<li>PAVmed (NASDAQ:<a href="https://investorplace.com/stock-quotes/pavm-stock-quote/">PAVM</a>) stock is dipping more than 13% alongside its <a href="https://finance.yahoo.com/news/pavmed-full-2023-earnings-eps-112130397.html">most recent earnings release</a>.</li>



<li>Movella (NASDAQ:<a href="https://investorplace.com/stock-quotes/mvla-stock-quote/">MVLA</a>) shares close out our pre-market stock movers down over 12% <a href="https://finance.yahoo.com/news/movella-announces-nasdaq-planned-suspension-220000645.html">on suspension news</a>.</li>
</ol>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;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/2024/03/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-thursday-march-28th/">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>.