Pre-market Hot Trades in US Stocks
Pinterest is up 15.36% in pre-market trading. Based on recent key news:
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On May 5, Pinterest announced its first-quarter results, with revenue increasing by 18% year-on-year to $1.01 billion, exceeding market expectations of $966 million. The net loss was $73.59 million, but adjusted earnings per share were $0.27, higher than the expected $0.23. The company expects second-quarter revenue to be between $1.13 billion and $1.15 billion, above the market forecast of $1.11 billion. The stock price rose 15.7% in pre-market trading.
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On May 5, Zephirin Group upgraded Pinterest's stock rating from &#34;Sell&#34; to &#34;Buy&#34; and raised the target price from $17 to $30. At least five brokerages have raised their target prices for Pinterest, with an average target price of $24.
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On May 5, Pinterest CEO Bill Ready stated that the company is building an AI-driven advertising platform, which is expected to support long-term growth while gradually alleviating short-term headwinds. The number of global monthly active users grew by 11% to 631 million, in line with market expectations. The advertising business is growing strongly, and the AI platform supports long-term development.
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Inno is up 15.34% in pre-market trading. Based on recent key news:
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On May 4, Inno Holdings Inc. announced that its stock will continue to trade on Nasdaq on an adjusted basis and that the split shares will be rounded to whole shares based on participant levels. This news boosted investor confidence and drove the stock price up.
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On May 4, Inno Holdings Inc. released original content through the EDGAR system, emphasizing the company's expansion of its sales and distribution network in the electronic products trade industry, further enhancing market expectations for its future growth.
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On May 4, technical sentiment signals indicated a sell, but the market's positive response to the company's expansion plans caused the stock price to rise against the trend. The electronic products trade industry has performed strongly recently, and the market has reacted positively to the expansion plans.
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Top Gainers in Pre-market US Stocks
3 E Network Tech is up 72% in pre-market trading. Based on recent key news:
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On May 4, 3 E Network Technology announced that it has signed a $1.3 million convertible bond agreement with an institutional investor. The agreement includes an initial delivery of $920,000 and a potential second delivery of $300,000 upon meeting conditions. This news significantly boosted the stock price.
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On May 4, the company issued a press release detailing the terms of the agreement, including warrants for purchasing shares and an 8% original issue discount. This further enhanced market confidence in the company's future growth
On May 4th, the market reacted positively to the agreement reached between the company and institutional investors, leading to a significant pre-market surge in stock prices. The technology sector has recently performed strongly, with noticeable capital inflows.
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Sadot rose 49.98% in pre-market trading. Based on recent key news:
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<li>On May 3rd, Four Pillars raised funds in its Series A financing, although the specific amount was not disclosed. The company focuses on research and implementation of blockchain technology, providing technical, legal, and market analysis support. This news may have boosted market confidence in blockchain-related companies, driving Sadot's stock price significantly higher. The blockchain industry has recently performed strongly, with noticeable capital inflows.</li>
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Backblaze rose 40.06% in pre-market trading. Based on recent key news:
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On May 4th, Backblaze announced its first-quarter financial report, with revenue of $38.7 million, exceeding market expectations of $37.8 million. Adjusted net profit was $2.7 million, indicating an improvement in profitability. This news drove a significant increase in stock price. Source: Reuters
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On May 4th, Backblaze management stated during the earnings call that B2 cloud storage business grew by 24%, and demand from AI customers is strong. Full-year revenue and adjusted EBITDA expectations have been raised, enhancing market confidence. Source: SEC 8-K report
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On May 4th, Backblaze announced it would bring forward part of its 2027 capital expenditures to 2026 in response to strong demand signals and expects full-year adjusted free cash flow to turn positive, further boosting investor confidence. Source: Earnings call cloud storage industry demand is strong, with AI applications driving growth
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PINS

INHD

Pinterest pre-market up 15.36%; Inno pre-market up 15.34%; 3 E Network Tech pre-market up 72.38%; Sadot pre-market up 49.98%; Backblaze pre-market up 40.06%

Price Alert

Pinterest

Pre-market hot trades in US stocks: Pinterest up 15.36% pre-market; Inno up 15.34% pre-market