Popular pre-market trades in the US stock market: ON Semiconductor up 4.11% in pre-market; IonQ up 4.03% in pre-market

Pre-market Hot Trades in US Stocks

ON Semiconductor rose 4.11% in pre-market trading. Based on recent news,

1. On July 20, ON Semiconductor achieved an annualized return of 16.19% over the past 15 years, outperforming the market average. The company's current market capitalization is $34.92 billion, and this long-term outstanding performance has boosted investor confidence, driving the stock price up.

2. On July 19, the demand for AI cloud data center construction surged, and ON Semiconductor, with its vertically integrated manufacturing model and stable delivery times, is able to prioritize high-margin AI orders, further enhancing market expectations for its future performance.

3. On July 20, Wells Fargo lowered ON Semiconductor's target price from $140 to $130 but maintained an "Outperform" rating. Despite the target price reduction, the "Outperform" rating indicates that analysts remain optimistic about its future performance. The surge in demand for AI infrastructure presents a positive industry outlook.

IonQ rose 4.03% in pre-market trading. Based on recent news,

1. On July 20, IonQ's unique positioning and growth trajectory make its valuation reasonable. Although the current level carries higher risks, the prospects of quantum computing have attracted investors, driving the stock price up. The quantum computing industry has broad prospects, drawing investor attention.

Top Gainers in Pre-market US Stocks

Smart Logistics Global rose 155.49% in pre-market trading. Based on recent news,

1. On July 21, Smart Logistics Global announced a strategic partnership with a major e-commerce platform, significantly boosting its stock price. This collaboration is expected to substantially enhance the company's market share and revenue, leading to a positive reaction from investors and a pre-market surge of 155.49%.

2. On July 20, the company released an earnings report that exceeded expectations, showing significant growth in both revenue and profit. The report indicated that the company's second-quarter revenue increased by 45% year-over-year, and net profit rose by 50%, surpassing market expectations and further boosting investor confidence.

3. On July 19, analysts upgraded their rating on Smart Logistics Global, believing the company has enormous growth potential. Several well-known investment banks released reports, upgrading the company's rating from "Hold" to "Buy" and significantly raising the target price, driving the stock price up. The logistics industry is performing strongly overall, with robust market demand.

DRUGS MADE IN AMER ACQUISITION CORP COM USD0.0001 09/12/2026(S/R) rose 59.64% in pre-market trading, with no significant recent news. The trading is active, and the capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation.

Haiwei Metal Processing rose 58.24% in pre-market trading. Based on recent key news:

1. On July 20, Haiwei Metal Processing released its financial performance for the first quarter of the 2027 fiscal year, with revenue increasing by 29% year-on-year and gross profit increasing by 58%, restoring operational profitability. The improvement in performance is attributed to product mix optimization and enhanced production efficiency, driving a significant rise in stock prices. Source: Company press release

2. On July 20, the company's CEO stated that the strategy focused on the high-precision, high-value-added components market has yielded results, with new customer development and an expansion of orders from existing customers further driving up stock prices. Source: Company press release

3. On July 18, despite facing challenges in the 2026 fiscal year, Haiwei Metal Processing achieved business diversification through strategic transformation and mergers and acquisitions, enhancing market confidence. Source: Zhitong Finance Industry Trends are positive, macroeconomic stability, and significant capital inflows