Good Morning, Traders!…👋

U.S. stock index futures climbed Monday as investors absorbed fresh tariff remarks from President Donald Trump and geared up for a week packed with key economic data. The spotlight is firmly on January's consumer inflation report, set for release on Wednesday, which could shape expectations for future Federal Reserve policy moves.

Economists and Fed officials have cautioned that Trump’s newly announced tariffs—likely to be absorbed by U.S. importers—could contribute to rising inflation in the months ahead.

On the earnings front, McDonald’s (NYSE:MCD) will report Monday, with Vertex Pharmaceuticals (NASDAQ:VRTX), Coca-Cola (NYSE:KO), and S&P Global (NYSE:SPGI) set to release their results later in the week.

Happening Today

✓ 11:00 AM ET – NY Fed 1-Year Consumer Inflation Expectations (Jan)

PREMARKET SNAPSHOT 📈

As of February 10, 2025, U.S. stock futures are experiencing mixed movements. The S&P 500 futures are up 0.08%, the Dow Jones Industrial Average futures have increased by 0.02%, while the NASDAQ futures have decreased by 0.06%. Investors are closely monitoring these fluctuations in anticipation of upcoming economic data releases and corporate earnings reports.

SECTOR SNAPSHOT✨

On Friday markets faced widespread declines, with Consumer Discretionary leading the losses, followed by Information Technology and Communication Services. Financials, Health Care, and Industrials also saw notable pullbacks, while Energy remained nearly flat. Consumer Staples, Real Estate, and Utilities posted smaller declines, reflecting broader market weakness across sectors.

PreMarket Unusual Volume Stocks

📈 Patriot National Bancorp Inc (PNBK) is showing remarkable pre-market activity with 20,277,259 shares traded, a massive increase from its average volume of 28,760. The stock has surged 100%, now priced at $2.90.

📈 Starbox Group Holdings Ltd (STBX) has a pre-market volume of 21,466,886, significantly above its 1,412,530 average. The stock is up 53.38%, trading at $0.51.

📈 MGO Global Inc (MGOL) continues to attract attention, trading 82,119,100 shares pre-market compared to its average volume of 30,071,900. The stock is up 64%, priced at $0.68.

📈 Cyngn Inc (CYN) is trading 42,261,845 shares pre-market, almost double its 22,038,490 average. The stock has climbed 40.03%, now at $0.08.

📈 Microbot Medical Inc (MBOT) has a pre-market volume of 3,492,996, slightly above its average of 3,184,650. The stock is up 18.04%, priced at $3.01.

Premarket Picks

MGO Global, Inc. (MGOL) saw a surge of 71.37%, with its pre-market price reaching $0.71. This spike came after the company announced that the SEC had declared its Form F-4 Registration Statement for the proposed business combination with Heidmar effective.

4D Molecular Therapeutics, Inc. (FDMT) experienced a pre-market increase of 8.54%, with its price reaching $6.48. The surge followed the announcement of positive initial interim data from the Phase 2b Population Extension cohort of the PRISM clinical trial, which is evaluating 4D-150 in a broad wet age-related macular degeneration (wet AMD) patient population.

Faraday Future Intelligent Electric Inc. (FFIE) rose 6.11% in pre-market trading, bringing its price to $1.39. The increase followed the announcement that FF China will ship two FX 6 prototype mules to Faraday Future’s Los Angeles headquarters later this month.

U.S. GoldMining Inc. (USGO) saw a pre-market surge of 9.36%, with its price hitting $10.98. This increase came after the company announced the discovery of a new high-grade zone at its Raintree Prospect within the Whistler Gold-Copper Project in Alaska.

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

Top Upgrades:

1. WesBanco, Inc. (WSBC)

Analyst Firm: Keefe, Bruyette & Woods
Upgraded: Market Perform to Outperform
Price Target: $44
Friday's Close: $35.42

Keefe, Bruyette & Woods has upgraded WesBanco, Inc. (WSBC) from Market Perform to Outperform, setting a price target of $44. With Friday’s closing price at $35.42, this represents a potential upside of approximately 24.2%.

WesBanco, Inc., a bank holding company providing a range of financial services in the U.S., has received analyst price targets ranging from a low of $36.00 to a high of $45.00. The median estimate stands at $40.00, with an average target of $40.29.

2. Mobileye Global Inc. (MBLY)

Analyst Firm: B of A Securities
Upgraded: Underperform to Neutral
Price Target: $19
Friday's Close: $16.07

B of A Securities has raised its rating on Mobileye Global Inc. (MBLY) from Underperform to Neutral, with a price target of $19. Given Friday’s close at $16.07, this suggests a potential upside of about 18.2%.

Mobileye Global Inc., a leader in advanced driver assistance systems (ADAS) and autonomous driving solutions, has analyst price targets spanning from $10.00 to $32.10. The median projection is $18.50, while the average target is $19.39.

3. Pinterest, Inc. (PINS)

Analyst Firm: Benchmark
Upgraded: Hold to Buy
Price Target: $55
Friday's Close: $40.00

Benchmark has upgraded Pinterest, Inc. (PINS) from Hold to Buy, assigning a price target of $55. With the stock closing at $40.00 on Friday, this implies a potential upside of 37.5%.

Pinterest, Inc., a popular visual search and discovery platform, has received analyst price targets ranging from $28.00 to $55.00. The median forecast is $46.00, with an average target of $45.37.

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.