Pre-market hot trades in US stocks: NVIDIA up 3.46% in pre-market trading
Complete. Here is the key summaryConstellation Energy pre-market up 4.52%; Venus Concept pre-market up 184.59%; Femto Tech pre-market up 85.77%; SCWorx pre-market up 75.88%
Pre-market Hot Trades in US Stocks
Italpinas Development Corp sells 25% of its shares to Constellation Energy, which may drive up the stock price. On April 7, Italpinas Development Corp announced the sale of its 25% stake in Constellation Energy back to Constellation Energy. This news may be interpreted by the market as an increased confidence in Constellation Energy, leading to a rise in its stock price. Additionally, a report on April 9 indicated that Constellation Energy stated in a FERC filing that its applicants have legal and economic incentives to bid and sell power generation. This could be seen as potential for future revenue growth for the company, further stimulating the rise in its stock price.
NVIDIA's stock price rose 3.46% in pre-market trading. The increase in NVIDIA's stock price may be related to several key factors.
Firstly, the recent surge in market attention towards artificial intelligence, particularly the new policies from the US government in the AI sector, may bring long-term benefits to NVIDIA. The Trump administration's request for federal agencies to appoint chief AI officers and prioritize the expansion of AI technology applications could provide a more favorable market environment for AI leaders like NVIDIA.
Moreover, NVIDIA's completion of the acquisition of Lepton AI may enhance its competitiveness in the AI infrastructure sector. Lepton AI focuses on GPU leasing in cloud services, and this acquisition could help NVIDIA further solidify its position in the AI market.
The overall rebound sentiment in the market also supports NVIDIA's stock price. Despite recent market volatility, investors remain optimistic about AI-driven stocks, such as NVIDIA
