Good Morning, Traders!…👋

U.S. stock futures were flat Monday as investors awaited fresh signals from renewed trade negotiations between the U.S. and China in London. The talks follow a phone call last week between President Trump and Chinese President Xi, raising hopes for a potential easing of tensions and a path toward a new tariff deal.

Markets closed last week on a strong note, buoyed by upbeat labor data that helped ease recession fears sparked by Trump’s aggressive tariff agenda earlier this spring. The S&P 500 ended the week higher, appearing to shake off recent volatility.

Now, attention turns to whether high-level diplomacy can revive the momentum seen in the Geneva pact struck in mid-May. Since then, relations have deteriorated, with both nations accusing each other of violating the truce and escalating pressure across multiple fronts.

With global growth on the line, investors are closely watching whether this round of talks yields meaningful progress—or further economic strain.

Earnings Watch

Earnings roll out today from VinFast $VFS, Graham $GHM, and Motorcar Parts $MPAA before open, plus Casey’s $CASY and Calavo Growers $CVGW after close.

Analysts expect VFS to post -$0.22 EPS with EV growth, GHM to hit $0.12 EPS, MPAA at $0.08 EPS, CASY to deliver $1.72 EPS with retail strength, and CVGW at $0.29 EPS.

Happening Today

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

✓ 01:00 PM ET – Atlanta Fed GDPNow (Q2)

PREMARKET SNAPSHOT 📈

U.S. equity futures are slightly softer this morning—S&P down 0.45%, Dow off 0.41%, Nasdaq down 0.42%—as investors await the start of U.S.–China trade talks in London and digest the OECD’s downgrade to global growth forecasts

SECTOR SNAPSHOT✨

All 11 sectors finished higher, signaling a broad market rebound. Consumer discretionary surged 1.64%, while energy led gains with a 1.98% jump. Communication services also impressed, rising 1.88%. Financials, health care, and industrials posted solid gains, and even defensive sectors like utilities and consumer staples edged higher. Tech rebounded with a 0.78% lift. Overall, strong breadth marked a bullish session across the board.

PreMarket Unusual Volume Stocks

📈 Brand Engagement Network Inc. ($BNAI) gained 5.53% to $0.5700 with 524.87K shares traded—volume spiked 560.72% above average, showing a moderate uptick in attention.

📈 Ohmyhome Limited ($OMH) soared 65.27% to $0.6035 on 7.18M volume—up 403.09%—indicating strong buying pressure.

📈 Hong Kong Pharma Digital Technology Holdings Limited ($HKPD) rose 9.44% to $1.80 with 793.82K shares traded, representing a 292.45% volume increase.

📈 Sound Group Inc. ($SOGP) climbed 50.08% to $1.33 on 6.92M shares—a 261.49% surge in volume—drawing trader interest in the ADR.

📈 ParaZero Technologies Ltd. ($PRZO) moved up 7.27% to $1.10 with 159.7K shares traded, a 240.51% rise in volume.

Premarket Picks

Know Labs, Inc. (KNW) surged 146.79% in pre-market trading, reaching $3.85. The spike follows news that the company has entered into an agreement with Goldeneye 1995 LLC, an affiliate of fintech investor and former Ripple Chief Risk Officer Greg Kidd, to acquire a controlling interest in the company.

Shares of PolyPid Ltd. (PYPD) rose 13.45% to $3.71 ahead of a scheduled conference call and webcast today. The company is set to release topline data from its SHIELD II Phase 3 trial, which evaluates D-PLEX100 for preventing surgical site infections in abdominal colorectal surgery patients.

Tempest Therapeutics, Inc. (TPST) jumped 29.64% in pre-market activity, trading at $10.69. The rally comes after the European Medicines Agency granted Orphan Drug Designation to its lead candidate, amezalpat (TPST-1120), for treating hepatocellular carcinoma.

Northann Corp. (NCL) climbed 28.63% to $0.30 in pre-market hours. The move followed a company statement addressing recent stock volatility, which appears to have reassured investors.

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

Top Upgrades:

1. ABM Industries Incorporated (ABM)

Analyst Firm: UBS
Upgraded: Neutral to Buy
Price Target: $54
Friday's Close: $46.61

UBS raised its rating on ABM from Neutral to Buy and increased its price target from $50 to $54. ABM Industries, a provider of facility, infrastructure, and mobility services in the U.S. and internationally, has an average stock price target of $56.80. Analysts’ estimates range from a low of $50.00 to a high of $68.00, with a median target of $55.00.

2. Quaker Chemical Corporation (KWR)

Analyst Firm: Jefferies
Upgraded: Hold to Buy
Price Target: $146
Friday's Close: $109.65

Jefferies upgraded Quaker Houghton from Hold to Buy and lifted its price target to $146 from $115. Quaker Houghton, a global supplier of industrial process fluids, holds an average price target of $146.00. Analyst projections vary from a low of $125.00 to a high of $165.00, with the median target matching the average at $146.00.

3. Steven Madden, Ltd. (SHOO)

Analyst Firm: Williams Trading
Upgraded: Hold to Buy
Price Target: $31
Friday's Close: $24.96

Williams Trading upgraded Steven Madden to Buy from Hold last night, setting a price target of $31. Steven Madden, known for designing and selling fashion footwear, accessories, and apparel worldwide, has an average stock price target of $26.78. Estimates range from a low of $20.00 to a high of $38.00, with a median of $25.00.

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.