
U.S. Pre-Market News | Most blue-chip stocks rise, Expedia up over 16%

On November 7th (Friday), during the pre-market session of U.S. stocks, most blue-chip stocks rose, with Expedia up over 16%, Affirm up over 12%, IREN, Airbnb, and Monster Beverage up over 4%. Some Chinese concept stocks weakened in the pre-market, with WenYuan ZhiXing down over 4%, Alibaba, XPeng, and Pony.ai down over 2%. In terms of star stocks, Tesla rose over 2% in the pre-market. In news, Tesla shareholders approved a compensation plan worth up to $1 trillion with over 75% of the votes, ending the debate surrounding Musk's compensation and his future. This compensation agreement also paves the way for Tesla's CEO to become the world's first "trillionaire." Sandisk surged over 8% in the pre-market, with total revenue for the third quarter (the first fiscal quarter of FY26) increasing by 23% year-on-year to $2.31 billion, exceeding analysts' expectations of $2.1 billion. The adjusted earnings per share were $1.22, far above analysts' expectations of $0.89; operating profit surged 878% quarter-on-quarter to $176 million. Electric vehicle manufacturer Lucid Group fell 2% in the pre-market. Lucid's third-quarter revenue increased by 68% year-on-year to $340 million, below market expectations of $380 million; the adjusted loss per share was $2.65, while the market expected a loss of $2.27. U.S. mobile payment giant Block fell nearly 15% in the pre-market
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