Good Morning, Traders!…👋

U.S. stock futures inched higher on Wednesday as anticipation grew that the Federal Reserve may cut interest rates at its upcoming meeting. Futures tied to the Dow Jones Industrial Average rose 0.2%, the S&P 500 gained 0.1%, and the Nasdaq 100 advanced 0.2%.

Markets rallied on Tuesday following the release of the July Consumer Price Index report. Although inflation ticked up, it came in below expectations, helping push both the S&P 500 and Nasdaq to new record highs. The softer-than-expected data reinforced hopes for a rate cut in September, especially as recent labor market data shows signs of weakness.

Investors now turn their attention to more economic updates later this week. The Producer Price Index is due out on Thursday, followed by retail sales data on Friday, both of which could further influence the Fed’s next move.

Earnings Watch

Earnings hit today from Cisco Systems $CSCO, Trump Media & Technology Group $DJT, and Mersana Therapeutics $MRSN after close.

Analysts expect CSCO at $0.98 EPS with tech infrastructure focus, DJT at -$0.08 EPS amid media platform volatility, and MRSN at -$0.15 EPS with immunotherapy pipeline updates.

Happening Today

✓ 10:30 AM ET – Crude Oil Inventories

✓ 01:30 PM ET – FOMC Member Bostic Speaks

SECTOR SNAPSHOT

On the last trading day, all sectors ended in positive territory, with Communication Services, Information Technology, and Financials leading the broad-based market rally. This widespread advance suggests a strong, confident market, possibly driven by favorable economic news or a positive outlook for corporate earnings.

PreMarket Unusual Volume Stocks

Here's a quick rundown of today's pre-market high-volume stocks:

📈 ProPhase Labs, Inc. (PRPH) is up +7.23% at $0.3540 with significant volume, following yesterday's announcement of a newly granted U.S. patent and ahead of its Q2 2025 earnings report and conference call scheduled for today.

📈 180 Life Sciences Corp. (ATNF) is gaining +54.49% at $10.24 on massive volume. This comes after the company recently closed a $425 million private placement and announced a strategic shift to an Ethereum-based treasury strategy, leading to high volatility.

📈 Generation Bio Co. (GBIO) is up +28.64% at $4.05 with high volume, following its recent reverse stock split to regain Nasdaq compliance and the granting of a new Australian patent.

📈 Bolt Projects Holdings, Inc. (BSLK) is exploding +67.89% to $2.18 with very high volume, continuing to see volatility after recent Q2 earnings showed a 2,200% revenue surge but also raised concerns about liquidity and Nasdaq delisting risks.

📈 WEBTOON Entertainment Inc. (WBTN) is up +37.82% at $9.36 with notable volume, following a Q2 earnings report that beat revenue forecasts and news of a partnership with Disney, though a recent analyst note from Goldman Sachs cut its price target to $11.

Premarket Picks

Bolt Projects Holdings, Inc. (BSLK) surged 68.8% in pre-market trading to $3.68 following its Q2 2025 financial report. Revenues jumped significantly to approximately $1.3 million, compared to just $56,000 in Q2 2024.

Sapiens International Corporation N.V. (SPNS) saw a 43.02% pre-market price increase, reaching $42.19. The surge comes after the announcement that Advent will acquire the company for $2.5 billion.

Shares of WEBTOON Entertainment Inc. (WBTN) climbed 36% pre-market to $12.73. The boost followed the release of strong Q2 2025 results, with total revenue rising 8.5% to $348.3 million, driven by growth in Paid Content, Advertising, and IP Adaptations.

Generation Bio Co. (GBIO)’s stock jumped 28.4% pre-market to $5.20. The company shared promising new data on its novel ctLNP delivery system and early T Cell programs, along with its Q2 2025 financial results.

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

Top Upgrades:

1. Corteva, Inc. (CTVA)

Analyst Firm: Barclays

Upgraded: Equal Weight to Overweight

Price Target: $84

Yesterday's Close: $71.03

Barclays raised its rating on Corteva from Equal Weight to Overweight and increased its price target from $75 to $84. Corteva’s stock price targets range from a low of $60.00 to a high of $92.00, with a median of $84.00 and an average of $80.81. The company operates in agriculture through two main segments: Seed and Crop Protection.

2. CF Industries Holdings, Inc. (CF)

Analyst Firm: Barclays

Upgraded: Equal Weight to Overweight

Price Target: $100

Yesterday's Close: $82.90

Barclays also upgraded CF Industries from Equal Weight to Overweight, lifting the price target from $95 to $100. Analysts have set a high price target of $110.00 for CF Industries, with a median of $95.50 and a low of $80.00. The average target stands at $94.38. CF Industries produces hydrogen and nitrogen products that serve energy, farming, and industrial markets globally.

3. SailPoint, Inc. (SAIL)

Analyst Firm: JPMorgan

Upgraded: Neutral to Overweight

Price Target: $26

Yesterday's Close: $18.95

JPMorgan upgraded SailPoint from Neutral to Overweight while keeping its price target steady at $26. SailPoint’s stock price is forecasted to reach between $16.00 and $30.00, with a median target of $26.50 and an average of $26.14. The company specializes in identity security solutions for businesses around the world.

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.