--- title: "Pre-market hot trades in US stocks: PPG fell 8.15% in pre-market; Coreweave fell 5.35% in pre-market" type: "News" locale: "en" url: "https://longbridge.com/en/news/285698735.md" description: "PPG fell 8.15% in pre-market; Coreweave fell 5.35% in pre-market; Phoenix Asia rose 102.44% in pre-market; GD Culture rose 56.16% in pre-market; Robo.ai rose 37.73% in pre-market" datetime: "2026-05-08T09:37:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285698735.md) - [en](https://longbridge.com/en/news/285698735.md) - [zh-HK](https://longbridge.com/zh-HK/news/285698735.md) --- # Pre-market hot trades in US stocks: PPG fell 8.15% in pre-market; Coreweave fell 5.35% in pre-market **Pre-market Hot Trades in US Stocks** PPG Industries fell 8.15% in pre-market trading. Based on recent key news: 1. On May 5, PPG Industries' management reiterated its earnings per share guidance for 2026 at $7.70 to $8.10, despite facing macroeconomic headwinds. Management expressed confidence in its balanced product portfolio, continued market share growth in the automotive OEM and packaging sectors, and structural cost measures including the closure of European plants. However, the market is concerned about the difficulties faced in its patching volume in the first half of the year, leading to a decline in stock price. Concerns about macroeconomic headwinds have intensified. CoreWeave fell 5.35% in pre-market trading. Based on recent news: 1. On May 7, CoreWeave announced its first-quarter financial report, showing that revenue doubled year-on-year to $2.078 billion, but net losses widened to $740 million, causing the stock price to plummet 9.27% in after-hours trading. The company expects median revenue for the second quarter to be below market expectations, and it raised its full-year capital expenditure forecast to $31 billion to $35 billion, further exacerbating market concerns. 2. On May 7, CoreWeave raised its full-year capital expenditure expectations due to rising component prices, leading to a more than 9% drop in stock price in after-hours trading. Despite strong demand, high operating costs and capital expenditures have raised investor concerns. 3. On May 7, analysts pointed out that CoreWeave's high capital expenditures and ongoing losses have raised questions about its profitability in the short term, leading the market to adopt a conservative stance on its future performance, putting pressure on the stock price. The demand in the AI cloud computing industry is strong, but cost pressures are significant. **Top Gainers in Pre-market US Stocks** Phoenix Asia rose 102.44% in pre-market trading. Based on recent key news: 1. On May 5, Phoenix Asia Holdings announced progress in its infrastructure projects in Hong Kong, driving the stock price up. The projects mentioned in the announcement include site formation, geological surveys, and foundational engineering, enhancing market confidence in the company's future growth. 2. On May 6, market sentiment shifted from "bullish" to "extremely bullish," with a surge in discussions among retail investors, further driving the stock price up. Over the past 12 months, PHOE's stock price has risen more than 1700%, demonstrating strong market momentum. 3. On May 8, Benzinga Edge signals indicated that despite PHOE's weak value ranking, its momentum-driven story attracted investor attention. The stock price slightly increased to $28.66 that day, reflecting market recognition of its momentum. Market sentiment is extremely bullish, with strong momentum. GD Culture rose 56.16% in pre-market trading. Based on recent key news: 1. On May 6, GD Culture Group announced that it received a preliminary non-binding privatization proposal at a price of $10.75 per share. This news significantly boosted the stock price, showing a positive market reaction to the company's potential privatization Source: Reuters 2. On May 5, the company's board of directors received a proposal from Wealthy Concord Limited and East Valley Technology Limited, suggesting a cash acquisition of the company's remaining shares. This proposal has attracted market attention, causing fluctuations in the stock price. Source: GlobeNewswire 3. On May 6, the company established a special committee to evaluate the proposal, indicating that the company is seriously considering the possibility of privatization, further stimulating the rise in stock price. Source: BenzingaAI The technological transformation has attracted market attention, leading to active trading. Robo.ai pre-market rose 37.73%. Based on recent key news: 1. On May 8, Robo.ai announced the acquisition of Neurovia to enhance its data processing capabilities. This move aims to accelerate the global commercialization of its smart hardware and mobile solutions, improving its competitive position in the robotics and mobile market. Source: AIIO Stock News 2. On May 8, Robo.ai plans to acquire Neurovia AI Limited, marking a significant move in the market. This acquisition will combine the technological expertise of both companies, enhancing market position. Source: Robo.ai Inc. 3. On May 8, Robo.ai released an acquisition announcement through the EDGAR system, emphasizing its strategic advancement in building a machine economy platform. Source: Public Technologies The global AI competition intensifies, and the market focuses on emerging economies ### Related Stocks - [PPG.US](https://longbridge.com/en/quote/PPG.US.md) - [CRWV.US](https://longbridge.com/en/quote/CRWV.US.md) - [PHOE.US](https://longbridge.com/en/quote/PHOE.US.md) - [GDC.US](https://longbridge.com/en/quote/GDC.US.md) - [AIIO.US](https://longbridge.com/en/quote/AIIO.US.md) ## Related News & Research - [Are Wall Street Analysts Bullish on PPG Industries Stock?](https://longbridge.com/en/news/287068283.md) - [A Look At PPG Industries (PPG) Valuation After Recent Share Price Weakness](https://longbridge.com/en/news/286654132.md) - [PPG Industries Inc. 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