Pre-market Hot Trades in US Stocks

FingerMotion pre-market rose 8.87%. Based on recent key news:

1. On August 17, FingerMotion announced the appointment of Chris Polimeni as the new Chief Financial Officer, succeeding the resigned Lee Yew Hon. This move was seen by the market as a positive change in the company's management, driving the stock price up.

2. On August 17, FingerMotion completed the acquisition of a 9.9% stake in Lyken AI Computing, marking the company's official entry into the enterprise AI computing market. This move enhanced investors' confidence in the company's future growth potential, resulting in a stock price increase.

3. On August 17, the company disclosed CEO Jolie Kahn's board and executive identities in the EDGAR system, further strengthening the transparency of the company's governance structure and boosting market confidence. With the expansion of the AI market, investors are focused on growth potential.

Micron Technology pre-market fell 5.27%. Based on recent key news:

1. On August 15, the Situational Awareness Fund faced a market reversal due to high leverage and concentrated holding strategies, leading to a significant drop in Micron Technology's stock price. The fund had heavily bought Micron Technology and SanDisk before the crash, with a total holding of about $11 billion, accounting for a quarter of the fund's net assets. After the market reversal, Micron's stock price fell by 29%. Source: Wall Street Insight

2. On August 16, Bank of America analysts pointed out that breakthroughs in AI technology could break the boom-bust cycle in the memory industry, expecting Micron Technology's profits to experience long-term growth. Micron showed strong financial data in the third quarter of fiscal year 2026, with quarterly revenue reaching $41.46 billion. Source: Golden Finance

3. On August 17, UBS analysts set a target price of $1625 for Micron Technology, believing that its long-term supply agreements will support Micron's profitability after crossing the complete industry cycle. The average target price among Wall Street analysts is $1549, indicating an optimistic outlook for Micron's long-term prospects. Source: Golden Finance Strong demand for storage chips, prices rising.

Top Gainers in Pre-market US Stocks

Xos pre-market rose 105.26%. Based on recent key news:

1. On August 17, Xos announced a contract with the U.S. Air Force to develop and deliver deployable mobile charging solutions. This move marks Xos's entry into the defense market, significantly boosting the stock price. Under the agreement, Xos will provide prototype energy storage systems and assemble and integrate them at its facility in Byrdstown, Tennessee.

2. On August 17, Xos mentioned in its forward-looking statements that market demand, competitive conditions, manufacturing capabilities, and other factors may affect actual results. These uncertainties may impact the company's future performance but did not have a direct effect on the current stock price

3. On August 17, Xos released relevant content through GlobeNewswire, emphasizing the company's responsibility for information. This release further solidified market confidence in its new contracts. The demand for electric vehicles is growing, supported by policies.

Profusa pre-market rose 98.68%. Based on recent key news:

1. On August 12, HRT Financial, as a 10% shareholder of Profusa, conducted stock transactions, purchasing 5,585 shares and subsequently selling 42,411 shares on August 13. This trading activity may lead to increased market attention on Profusa's stock, driving up the share price. Source: EDGAR system disclosure.

2. On August 15, Profusa announced it would submit a delayed quarterly report within five days. Although management expects no significant changes in operational results, this news may trigger investor concerns about the company's financial condition, affecting stock price volatility. Source: Company announcement.

3. On August 18, Profusa is undergoing corporate restructuring, including a recent reverse stock split. This strategic adjustment may influence investors' expectations for the company's future development, leading to stock price fluctuations. Source: Industry analysis report on accelerated industry technology integration, attention to risks.

Singularity Future Tech pre-market rose 57.91%. Based on recent key news:

1. On August 18, Singularity Future Technology announced it had reached a securities purchase agreement with non-U.S. investors, selling 21,520,803 shares of common stock at a price of $1.394 per share, expected to raise approximately $30 million. This move aims to enhance liquidity and support the company's development plans, driving up the stock price.

2. On August 18, the company plans to strengthen its financial position through capital raising and attract foreign investors' attention, potentially changing the shareholder structure and future corporate governance dynamics, further enhancing market confidence.

3. On August 17, SEC filings showed that the company has submitted relevant documents to ensure information transparency and enhance investor trust. There is an increase in capital inflow in the technology sector, and risks need to be monitored