Good Morning, Traders!…👋

U.S. stock futures pointed higher on Wednesday, as investors focused on comments from a senior Trump administration official regarding the potential scaling back of recently imposed tariffs on Canada and Mexico.

On Tuesday, Wall Street's main averages fell, weighed down by concerns stemming from the U.S. tariffs on its northern and southern neighbors, as well as a doubling of duties on China. All three countries have vowed to retaliate, heightening fears of an escalating global trade war.

Bitcoin saw a rise on Wednesday as an extended selloff in crypto prices led to some bargain buying, with hopes for a reduction in Trump’s trade tariffs also boosting risk appetite.

In commodities, oil prices dipped slightly on Wednesday, hovering near five-month lows, as traders absorbed plans by major oil producers to increase output in April, alongside concerns about the potential impact of a broader trade conflict.

Happening Today

✓ 08:15 AM ET – ADP Nonfarm Employment Change (Feb)

✓ 09:15 AM ET – S&P Global Services PMI (Feb)

✓ 10:00 AM ET – ISM Non-Manufacturing PMI and Prices (Feb)

✓ 10:30 AM ET – Crude Oil Inventories

✓ 02:00 PM ET – Beige Book

PREMARKET SNAPSHOT 📈

​​As of March 5, 2025, U.S. stock futures are showing mixed movements. The S&P 500 futures have decreased by 0.13%, the Dow Jones futures have declined by 0.22%, and the NASDAQ futures have fallen by 0.09%. These fluctuations come amid ongoing market reactions to recent U.S. tariff implementations on imports from Canada, Mexico, and China, as well as potential retaliatory measures from these countries. Investors are closely monitoring these developments, which are contributing to market volatility.

SECTOR SNAPSHOT✨

Yesterday markets continued their downward trend, with financials leading the losses, down over 3.5%. Consumer discretionary, industrials, and healthcare also faced heavy declines, while energy and materials struggled. Consumer staples and real estate posted notable losses, reflecting broad market weakness. Information technology managed to stay flat, while utilities dipped further, providing little support in an overall risk-off session.

PreMarket Unusual Volume Stocks

📈 908 Devices Inc. (MASS) is seeing a 5.67% pre-market gain, trading at $3.88, with 162.28K shares changing hands—a remarkable 28,006.03% surge in volume. The company, specializing in portable mass spectrometry and microfluidic devices, could be attracting investor interest due to industry developments, new contracts, or earnings anticipation.

📈 Brenmiller Energy Ltd (BNRG) has gained 5.93% to $1.35 in early trading, supported by 529.52K shares, marking a 2,582.71% increase in volume. As a thermal energy storage firm, its movement could be linked to renewable energy sector momentum, regulatory catalysts, or corporate updates.

📈 Cycurion, Inc. (CYCU) is up 7.69%, now trading at $0.6514, with pre-market volume hitting 292.19K shares—a 2,091.47% spike above normal levels. As a cybersecurity firm, increased trading activity could signal heightened interest in the sector, upcoming contracts, or market speculation.

📈 ARB IOT Group Limited (ARBB) is making a significant 90.19% leap to $0.52, with 11.65 million shares trading hands—more than 523.24% above its typical volume. The company, which provides Internet of Things (IoT) solutions, could be benefiting from recent tech sector optimism or company-specific catalysts.

📈 Graphjet Technology (GTI) has climbed 26.16% to $0.1380, with 25.46 million shares traded—up 110.22% from average volume. Specializing in sustainable graphite and graphene production, the stock’s movement could be fueled by investor sentiment toward critical materials in advanced manufacturing and tech applications.

Premarket Picks

Nvni Group Limited (NVNI) is trading at $0.33 in pre-market, showing a surge of 28.04%. This increase comes after the company announced its engagement with MZ Group, an international investor relations specialist, to help develop its investor relations and financial communications program across key global markets.

ARB IOT Group Limited (ARBB) saw a dramatic rise of 79.92%, with its pre-market price reaching $0.93. The surge is due to the company securing an order worth approximately $45 million for its AI Data Centre Server Solution.

Barnwell Industries, Inc. (BRN) is experiencing a 19.71% surge, bringing its pre-market price to $1.64. This boost follows the company's announcement of entering into a non-binding letter of intent for the sale of its water well drilling subsidiary, Water Resources International, Inc.

SEALSQ Corp (LAES) is up by 15.00%, with a pre-market price of $2.76. The increase comes after the company provided an update on its financial and strategic progress, highlighting significant advancements that have strengthened its balance sheet and positioned the company for sustained growth.

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

Top Upgrades:

1. Royal Caribbean Cruises Ltd. (RCL)

Analyst Firm: Loop Capital
Upgraded: Hold to Buy
Price Target: $250
Yesterday's Close: $227.02

Loop Capital raised its rating on Royal Caribbean to Buy from Hold, maintaining a price target of $250.

For Royal Caribbean Cruises Ltd. (RCL), analysts have set the stock price target with a high of $315.00, a median of $296.00, a low of $244.00, and an average of $287.95. The company operates as a global cruise line, offering a variety of vacation experiences worldwide.

2. Arista Networks Inc (ANET)

Analyst Firm: UBS
Upgraded: Neutral to Buy
Price Target: $115
Yesterday's Close: $85.52

UBS upgraded Arista Networks to Buy from Neutral, increasing its price target to $115 from $112.

Arista Networks Inc. (ANET) has a stock price target with a high of $145.00, a median of $125.00, a low of $85.00, and an average of $124.74. The company specializes in developing, marketing, and selling data-driven networking solutions for AI, data centers, campuses, and routing on a global scale.

3. Barrick Gold Corporation (GOLD)

Analyst Firm: UBS
Upgraded: Neutral to Buy
Price Target: $22
Yesterday's Close: $17.73

UBS also raised Barrick Gold to Buy from Neutral, keeping its price target at $22.

For Barrick Gold Corporation (GOLD), the stock price target is set with a high of $27.00, a median of $21.76, a low of $17.00, and an average of $21.58. Barrick Gold is involved in the exploration, development, production, and sale of gold and copper worldwide.

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.