Good Morning, Traders!…👋

U.S. stock futures edged lower on Thursday as investors evaluated President Trump’s shifting trade agenda and softening inflation data.

Markets remain cautious after Trump’s evolving tariff strategy added new uncertainty to recent U.S.-China progress. Earlier this week, both nations signaled agreement on a draft proposal aimed at resolving key trade conflicts.

Stocks fluctuated Wednesday following the release of May’s Consumer Price Index (CPI), which showed inflation pressures easing slightly. The data complicates the Federal Reserve’s path ahead of next week’s policy meeting, though expectations still favor a patient stance on rate decisions.

Looking ahead, investors will turn their focus to the May Producer Price Index (PPI), due out Thursday morning, for further signs of inflation trends.

Earnings Watch

Earnings roll out today from Lovesac $LOVE, America’s Car-Mart $CRMT, and Yiren Digital $YRD before open, plus Adobe $ADBE and RH $RH after close.

Analysts expect LOVE to post $0.12 EPS with furniture demand, CRMT to hit $0.45 EPS, YRD at $0.62 EPS, ADBE to deliver $4.78 EPS with AI-driven software growth, and RH at $0.08 EPS.

Happening Today

✓ 08:30 AM ET – Initial Jobless Claims

✓ 08:30 AM ET – PPI (MoM) (May)

✓ 12:00 PM ET – WASDE Report

✓ 01:00 PM ET – 30-Year Bond Auction

✓ 02:00 PM ET – Fed's Balance Sheet

PREMARKET SNAPSHOT 📈

U.S. equity futures are drifting lower this morning—S&P down 0.45%, Dow off 0.41%, Nasdaq down 0.42%—as escalating tensions in the Middle East following a Boeing 787-8 crash and ongoing U.S.–China trade uncertainty weigh on investor sentiment, ahead of key inflation and jobs data.

SECTOR SNAPSHOT✨

Sector performance was mixed, with energy leading the way higher and modest gains in health care, utilities, and industrials. However, most sectors, including consumer discretionary, tech, and financials, ended lower, reflecting cautious sentiment. Losses in materials, real estate, and communication services added to the broad-based pressure on the market.

PreMarket Unusual Volume Stocks

📈 Equillium, Inc. ($EQ) climbed 18.68% to $0.3860 with 7.42M shares traded—volume surged 6,464.12%, flagging strong interest.

📈 Top Wealth Group Holding Limited ($TWG) jumped 24.58% to $0.1440 as volume rose to 723.95K—up 1,942.40% from the norm.

📈 Healthcare Triangle, Inc. ($HCTI) skyrocketed 133.70% to $0.0092 on a staggering 356.79M shares—volume up 1,316.46%.

📈 Greenlane Holdings, Inc. ($GNLN) surged 87.01% to $0.0077 on 702.89M shares, with volume rising 219.54%—trading frenzy continues.

📈 Creative Global Technology Holdings Limited ($CGTL) exploded 91.79% to $0.9229 with 21.56M in volume—up 167.37%, drawing momentum traders.

Premarket Picks

Shares of Klotho Neurosciences, Inc. (KLTO) surged 15.11% in pre-market trading, reaching $1.67. The rally follows the company’s filing of an 8-K form with the SEC, signaling noteworthy corporate developments.

Applied Optoelectronics, Inc. (AAOI) jumped 14.58% pre-market to $18.70 after announcing its first volume shipment of high-speed data center transceivers to a major hyperscale customer that recently re-engaged with the company.

Faraday Future Intelligent Electric Inc. (FFAI) rose 8.72% in early trading to $1.87. Investors reacted positively to news of an exclusive private preview and co-creation event for the FX Super One—Faraday X’s first product—scheduled for June 29, 2025.

Oracle Corporation (ORCL) saw a 7.65% bump to $190 pre-market, driven by strong Q4 and full-year 2025 results. The tech giant reported a year-over-year revenue increase of 11%, totaling $15.9 billion for the quarter.

Below is a complete list of hot stocks in pre-market today:

Top Upgrades:

1. Datadog, Inc. (DDOG)

Analyst Firm: Wolfe Research
Upgraded: Peer Perform to Outperform
Price Target: $150
Yesterday's Close: $118.63

Wolfe Research raised its rating on Datadog from "Peer Perform" to "Outperform" and set a new price target of $150. Datadog, Inc., a provider of monitoring and analytics solutions for developers, IT teams, and business users, has a wide range of analyst price targets. The high estimate stands at $230.00, with a median target of $138.00 and a low of $115.00. The average price target is $140.45.

2. Southern Copper Corporation (SCCO)

Analyst Firm: Itau BBA
Upgraded: Underperform to Market Perform
Price Target: $103
Yesterday's Close: $96.06

Itau BBA improved its outlook on Southern Copper, upgrading it from "Underperform" to "Market Perform" with a price target of $103. Southern Copper Corp., involved in the exploration and production of copper, molybdenum, zinc, and silver, has received varied analyst projections. Price targets range from a low of $70.00 to a high of $128.73. The median estimate is $89.12, while the average comes in at $92.15.

3. TransAlta Corporation (TAC)

Analyst Firm: Jefferies
Upgraded: Hold to Buy
Price Target: $14.64
Yesterday's Close: $10.47

Jefferies boosted its rating on TransAlta from "Hold" to "Buy," increasing the price target to $14.64 from the previous $8.78. TransAlta Corp., which generates and distributes electricity through a mix of wind, hydro, gas, and coal power, shows analyst targets ranging from $12.00 to $20.00. The median price target is $17.00, with an average of $16.55.

Happy investing,

Maeve Grace
Editor In Chief
Premium Stock Alerts

Important: This newsletter does not provide investment advice. The stocks mentioned should not be taken as recommendations. Your investments are solely your decisions.

Disclosure: I hold no positions in any companies mentioned, either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article.