Pre-market hot trades in US stocks: Cipher Mining up 3.06% in pre-market as 300MW power interconnection approval boosts stock price

Pre-market Hot Trades in US Stocks

Cipher Mining is up 3.06% in pre-market trading. Based on recent news,

1. On December 2, many mining companies are adjusting their strategies, focusing on deleveraging and maintaining liquidity to adapt to the new economic environment. This trend reflects the pressures faced by mining companies, prompting them to ensure long-term viability.

2. On December 2, Cipher Mining's site has been fully powered, receiving approval for 300MW interconnection and signing necessary agreements to participate in the ERCOT market. Management stated that no additional transmission infrastructure is needed to ensure power supply. Despite labor supply risks, independent engineers believe that a modular strategy can support 12 months of delivery.

3. On December 2, Fitch believes that although the project is in the early construction stage, the completion risk remains high, but the likelihood of completing within budget is greater. Mining companies are facing deleveraging pressures.

Top Gainers in Pre-market US Stocks

Powell Max is up 60.79% in pre-market trading. Based on recent key news:

1. On December 2, the controlling shareholder of Powell Max Ltd changed, with Stella Leung no longer being the controlling shareholder, and ECF acquiring indirect beneficial ownership. This change may raise market concerns about the company's future control and strategic direction, leading to stock price volatility.

2. On December 3, ECF submitted Schedule 13D, disclosing its beneficial ownership in Powell Max. Although the transaction did not affect the company's registered equity, the board confirmed that management and business operations remain unchanged, but market doubts about the company's future development still impact the stock price.

3. Over the past year, Powell Max's stock price has fallen by 90.79%, with the market holding a negative view on its long-term performance. Benzinga Edge's stock ranking shows its price trend is negative across all time frames, further exacerbating market concerns about its future performance. The Hong Kong market has seen increased volatility, necessitating attention to risks.

CIM Commercial Trust is up 30.09% in pre-market trading. Based on recent key news:

1. On December 2, CIM Commercial Trust issued a forward-looking statement, emphasizing significant uncertainty regarding its goals and plans. Nevertheless, the market remains optimistic about its future development, driving the stock price up.

2. On December 2, Creative Media & Community Trust Corporation released relevant content via Business Wire, further enhancing investor confidence in the company's information, boosting the stock price. The US stock market has seen increased volatility recently, requiring caution.

SMX Security Matters is up 21.03% in pre-market trading, with no significant news recently. Trading is active, with clear capital flows; considering sector and industry trends, the stock shows significant volatility, and specific reasons need further observation