Premarket News

Investors focused on upcoming flight tests, improved liquidity from a debt exchange, and plans for commercial launches.

Retail sentiment remained split, with Stocktwits data showing SPY sentiment stuck in bearish territory while QQQ sentiment at bullish.

Nasdaq cited ADTX’s long stretch below the $1 minimum bid rule and a $35.17 million stockholders’ equity deficit.

The deal gives Qualcomm access to Modular's AI-native software stack and engineering talent, including a team that helped build key components of the current AI infrastructure.

Both gold and silver extended their sell-off on Wednesday, with spot prices dropping to the lowest levels this year.

ADC Therapeutics expects to generate annualized cost savings of about $10 million and incur one-time pre-tax charges of about $3 million.

FuelCell Energy signed an energy supply agreement with a U.S. customer to power data centers.

Alongside plans for a $100 million stock offering and a $300 million exchangeable notes issuance, Hertz warned of an “unexpected” softness in the used car market.

The biotech firm upsized its offering to $200 million, up from the previously announced $150 million.

The company’s wholly-owned subsidiary, Rockstar Games, released pricing details for two variants of the upcoming game, which is currently scheduled for launch on November 19 this year.

Citizens has raised its price target on Backblaze to $14 from $8 and kept an ‘Outperform’ rating on the stock, according to TheFly.

During an interview with Bloomberg, Ives highlighted Microsoft’s potential despite some missteps with Copilot, its AI companion.

According to The Wall Street Journal report, Son said Arm Holdings is positioned to become one of the world's most important suppliers of central processing units.

Stifel said the shift in BlackBerry’s business model could support stronger margins and improved free cash flow generation over time, potentially leading to guidance increases.

Supermicro and Odine have formed a partnership to deploy and manage AI infrastructure operations in Türkiye.

The chipmaker is reportedly in talks with ByteDance about a deal for its chip design services.

The listing would give SK Hynix access to American capital while giving U.S. investors another way to bet on the memory chip boom.

Analysts at Citizens initiated coverage of Keel Infrastructure with an ‘Outperform’ rating and a price target of $10, implying an upside potential of 46% from current levels.

The company exceeded savings goals and completed its freight spin-off.

Retail sentiment remained cautious, with Stocktwits data showing SPY sentiment stuck in bearish territory while QQQ sentiment improved to bullish.

Micron’s results, due after market hours, would shape the view on the red-hot memory rally.

President Trump highlighted Nokia’s $30 million Pennsylvania semiconductor expansion.

S3 said SPCX looks more like “normal price discovery” than a “classic short-squeeze candidate.”

Rakuten and AST will hold equal stakes, with Rakuten leading management and rollout starting in late 2026.

CEO David Steinberg said the collaboration could generate more than $100 million in annual revenue for Zeta over the coming years.

Veteran commodities analyst Ole Hansen said silver has come under pressure due to concerns about slowing global growth and weaker demand for industrial metal.

Energy Fuels is acquiring magnet producer VAC, which operates facilities in North America, Europe, and Asia.

The U.S. President claimed that a record 19 million barrels of oil flowed through the Strait of Hormuz on Monday.

The rollout includes a new AI agent library, enhancements to Nokia's Autonomous Networks Suite and expanded automation capabilities across radio access, IP, fixed broadband and optical networks.

GLJ Research analyst Gordon Johnson said that a Tesla-SpaceX deal would undercut one of the core pillars of the Tesla bull case.

JPMorgan analyst Brian Essex upgraded IBM to ‘Overweight’ from ‘Neutral’ and also raised the price target on the stock to $291 from $270

Black argued that investors are paying too high a premium for SPCX relative to its expected growth prospects.

KeyBanc said it wants to see a "clear picture" of the underlying renewables business before recommending the company’s shares to investors.

Freedom Capital initiated coverage with a Hold rating and $105 price target.

AI-linked stocks dropped in the U.S. premarket and across Asian markets on Tuesday.

Stocktwits data showed retail sentiment has turned cautious, sinking to ‘bearish’ on SPY and ‘neutral’ on QQQ.

Avis Budget announced a proposed settlement with Pentwater Capital regarding a short-swing profit lawsuit.

The EXIM board is expected to vote on Tuesday on the loan, part of a broader U.S. push to support domestic firms in space, AI and advanced manufacturing.

Abel Avellan, AST SpaceMobile’s founder, chairman and CEO, is the sole member and managing member of AA Gables 2.

Micron and Anthropic signed a deal focused on AI memory and storage architecture, long-term supply agreements, and enterprise adoption of Anthropic’s Claude model

Fitch Ratings assigned a BBB+ rating to SpaceX's proposed senior unsecured notes, while Moody's assigned a Baa1 rating with a stable outlook.

The U.S. Food and Drug Administration has agreed to reconsider Regenxbio’s application for its experimental gene therapy Navsunli.

On Monday, analysts at BofA raised their price target for ASML to $2,345 from $2,268, while maintaining a ‘Buy’ rating.

Hyperscale stocks fell more than 20% premarket after the company announced a $300 million at-the-market stock offering program.

Wells Fargo lowered its price target on Kroger to $58 from $68 and kept an ‘Equal Weight’ rating on the stock.

SpaceX shares are on track to decline for a third straight session, having already shed more than 8% of their value through Thursday’s close.

According to a NBC News report, Greenspan’s wife, Andrea Mitchell, said that the former Fed Chair passed away due to complications of Parkinson’s Disease.

Definium said it will host a webcast on Tuesday morning to discuss results from Emerge, a Phase 3 study evaluating DT120 ODT in adults with Major Depressive Disorder.

Investors will assess whether the company’s freight spin-off and restructuring efforts are improving profitability.

SK Hynix shares rose 5.6% in Seoul trading on Monday, pushing its market capitalization to $1.35 trillion.