Hot Pre-Market Trades in US Stocks: Corning Down 4.18%; Nebius Down 4.03%

Hot Pre-Market Trades in US Stocks

Corning fell 4.18% in pre-market trading. Based on recent key news:

1. On October 20, TrendForce predicted that rising demand for AI infrastructure is causing tight supply in the fiber optic market. Corning signed a long-term agreement with Verizon to secure fiber optic supply, driving stock price volatility. Source: Zhitong Finance

2. On October 20, Corning signed a $6 billion supply agreement with Meta. Imbalance between industry supply and demand led to soaring fiber optic prices, affecting the stock price. Source: Woofun AI

3. On October 20, analysts had divergent ratings on Corning. UBS raised its target price to $201, Citigroup set a target of $220, while Bernstein set it at $140. Source: Polymarket. Strong fiber optic demand and tight industry supply and demand.

Nebius fell 4.03% in pre-market trading. Based on recent key news:

1. On October 19, Nebius's stock price rebounded due to falling Treasury yields and oil prices. Truist reiterated its Buy rating with a target price of $355, believing that market concerns about debt sustainability were overly exaggerated. The stock rebounded after accumulating a 25% decline last week. Director Arne Grimme purchased 296 shares, indicating strengthened market confidence.

2. On October 20, Nebius's stock price fell 4.08% in pre-market trading. Technical analysis showed that the stock price was below multiple moving averages, and the MACD indicator remained negative, indicating continued short-term pressure. The stock faces resistance at $168.50, with support at $146.

3. On October 21, Nebius announced the expansion of its AI Builder program and released real-time pricing for GPU spot capacity, leading to a 1.6% rise in its stock price. This move demonstrates the company's active expansion in the AI sector, boosting market confidence in its long-term demand prospects. The AI sector fluctuated under the influence of Treasury yields.

Top Gainers in US Pre-Market Trading

Stak rose 61.92% in pre-market trading. Based on recent key news:

1. On October 22, Stak Inc. announced its financial results for fiscal year 2026, with revenue increasing 13.21% year-over-year to $28.2 million, and achieving a net profit of $400,000, reversing the loss from the previous fiscal year. Sales of specialized oilfield vehicles surged 103.35%, driving the stock price higher. Source: Reuters

2. On October 21, Stak Inc. shareholders approved a major capital restructuring and changes to voting rights. Voting rights for Class B shares increased from 30 votes per share to 100 votes per share, and authorized share capital was adjusted to allow the issuance of up to 1 trillion common shares, strengthening market confidence. Source: Reuters

3. On October 21, Stak Inc. announced its rapid expansion in the field of specialized oilfield production and maintenance equipment in Changzhou, further raising market expectations. Source: Reuters. Strong demand in the oilfield equipment industry and optimistic market sentiment.

SHF rose 42.41% in pre-market trading. Based on recent key news:

1. On October 21, SHF Holdings announced that it had been granted an additional 180 days to comply with Nasdaq's minimum bid price requirement. This news drove the company's stock price up more than 64% in after-hours trading.

2. On October 21, SHF Holdings' stock price had fallen 99.29% year-to-date and 99.74% over the past 12 months. Trading volume on the day exceeded 249 million shares, compared to the company's three-month average daily trading volume of approximately 2.32 million shares. The market holds a pessimistic view of SHF Holdings' financial performance.

BIO-key International rose 29.99% in pre-market trading. Based on recent news,

1. On October 22, BIO-key signed a contract with a government agency in the Gulf region to deploy a passwordless biometric authentication system. This deployment includes the PortalGuard identity and access management platform to replace traditional authentication methods. This news drove a significant rise in the stock price.

2. On October 22, BIO-key's regional partner, VaporVM, will provide implementation, deployment, and ongoing technical services. This cooperation further strengthened market confidence in BIO-key's future growth.

3. On October 22, BIO-key issued a statement reminding investors of risk factors and emphasizing the uncertainty of future performance. Nevertheless, the market's positive reaction to the new contract continued to dominate the stock price trend. The biometric technology industry has shown strong performance recently, with increasing market demand.