Popular Pre-Market Trades in US Stocks
Arm is up 6.79% in pre-market trading. Based on recent news,
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On April 21, Arm CEO Rene Haas was appointed as the CEO of SoftBank Group International. This news indicates a solid partnership between the two companies, alleviating market concerns about SoftBank potentially reducing its stake, which boosted Arm's stock price.
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On April 23, Arm benefited from the CPU shortage caused by AI infrastructure development and the resulting increase in CPU prices. The growing demand for AI data center construction further enhanced Arm's market share.
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On April 24, Intel released a strong earnings report, driving AMD and Arm's stock prices higher in after-hours trading. Intel's earnings report showed robust demand for data center hardware, benefiting related chip manufacturers. The strong demand in the AI supply chain pushed the stock prices of related companies up.
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SAP is up 6.01% in pre-market trading. Based on recent key news:
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On April 23, SAP announced its first-quarter earnings report, with revenue increasing by 6% year-over-year and cloud business revenue surging by 19%, exceeding analysts' expectations, which drove the stock price up 6.4% in after-hours trading.
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On April 23, SAP's CEO stated that the strong trend in AI business is driving performance, with market share continuing to grow, further boosting market confidence.
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On April 23, SAP maintained its full-year cloud business revenue guidance, expecting growth of 23% to 25%, despite the potential impact of conflicts in the Middle East on regional contract signings, investors remain optimistic about the company's future performance. While software stocks are generally underperforming, SAP is rising against the trend.
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Top Gainers in Pre-Market US Stocks
Freecast is up 62.50% in pre-market trading. Based on recent key news:
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On April 22, FreeCast Inc. signed a $5 million convertible loan agreement with Nextelligence. This agreement enhances the company's financial stability, driving the stock price up.
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On April 23, FreeCast reached a nationwide distribution agreement with DIRECTV Multifamily, allowing FreeCast to promote and distribute DIRECTV streaming services in multi-family residences. This partnership expands the company's market coverage and boosts investor confidence.
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On April 22, FreeCast Inc. released its latest financial report through the EDGAR system, showing solid company performance, further boosting the stock price. The demand in the multi-family residential market is increasing, and the macroeconomic environment is stable.
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iTonic is up 40.75% in pre-market trading. Based on recent key news:
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On April 24, iTonic received Nasdaq approval to extend its compliance deadline by 180 days. This move avoids the immediate risk of delisting, enhancing investor confidence and driving the stock price up by 40.75%. Source: GlobeNewswire
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On April 21, iTonic announced its progress in the treatment planning system field, further enhancing market optimism about its business prospects. Source: GlobeNewswire
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No other significant news recently. The U.S. stock market has seen increased volatility recently, and policy changes need to be monitored.
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MaxLinear pre-market rose 36.15%. Based on recent key news:
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On April 24, MaxLinear announced its first-quarter financial report, with revenue increasing by 43% year-on-year to $137.19 million, exceeding the expected $135 million, and adjusted earnings per share of $0.22, turning a profit and surpassing the expected $0.18. This news drove a significant increase in stock price.
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On April 24, the company expects second-quarter revenue to be between $160 million and $170 million, far exceeding analysts' expectations of $137.45 million. The strong performance outlook further boosted market confidence.
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On April 24, demand for MaxLinear's optical data center products surged, with infrastructure revenue increasing by 136% year-on-year, becoming a major driver. This news strengthened investors' expectations for the company's future growth. The semiconductor industry is performing strongly overall, with high demand for optical connectivity solutions
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Arm pre-market up 6.79%; SAP pre-market up 6.01%; Freecast pre-market up 62.50%; iTonic pre-market up 40.75%; MaxLinear pre-market up 36.15%

- Arm's stock rose 6.79% before the market opened, driven by CEO Rene Haas's appointment as CEO of SoftBank International, strengthening their partnership and alleviating shareholder concerns.  
- SAP's shares increased by 6.01% following a strong Q1 report, which showed a 6% revenue growth and a 19% rise in cloud business, exceeding analyst expectations.  
- MaxLinear experienced a 36.15% pre-market boost after reporting a 43% year-on-year revenue increase and strong demand for optical data center products, further enhancing market confidence.

Pre-market hot trades in US stocks: Arm up 6.79% pre-market; SAP up 6.01% pre-market