Good Morning, Traders!…👋

U.S. stock futures edged higher early Monday as markets hovered near all-time highs ahead of a busy week packed with key inflation reports. Dow Jones Industrial Average futures rose about 100 points (0.2%), while S&P 500 futures gained 0.1%, and Nasdaq-100 futures remained mostly flat. 

Last week saw the Nasdaq Composite hit fresh closing highs, with the S&P 500 close behind and the Dow finishing strong. Apple’s rally—after lagging earlier this year—played a significant role in boosting market confidence.

Investors will be closely watching this week’s inflation data, with the Consumer Price Index due Tuesday and the Producer Price Index on Thursday. These reports will be crucial in assessing the Federal Reserve’s approach to interest rates at its September meeting, as hotter-than-expected inflation could slow the market’s upward momentum.

Earnings Watch

Earnings hit today from Barrick Gold $B, monday.com $MNDY, Franco-Nevada $FNV, and Oklo $OKLO before open, plus Plug Power $PLUG, Archer Aviation $ACHR, and Sphere Entertainment $SPHR after close.

Analysts expect B at $0.46 EPS with gold market focus, MNDY at $0.51 EPS on software growth, FNV at $0.88 EPS with mining stability, OKLO at -$0.06 EPS amid nuclear energy trends, PLUG at -$0.15 EPS with hydrogen tech challenges, ACHR at -$0.30 EPS on eVTOL progress, and SPHR at -$0.75 EPS with entertainment recovery.

Happening Today

✓ 08:30 AM ET – Consumer Price Index (CPI)

✓ 12:00 PM ET – EIA Short-Term Energy Outlook

✓ 12:00 PM ET – WASDE Report

✓ 02:00 PM ET – Federal Budget Balance (Jul)

✓ 04:30 PM ET – API Weekly Crude Oil Stock

SECTOR SNAPSHOT

On the last trading day, most sectors advanced, with Information Technology, Communication Services, and Financials leading the gains. Conversely, Industrials, Real Estate, and Utilities were among the few sectors to post declines. This broad positive performance, particularly in tech and communication, suggests a shift back towards growth-oriented sectors.

PreMarket Unusual Volume Stocks

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

📈 Gamehaus Holdings Inc. (GMHS) is up +21.88% at $1.29 with very high volume, continuing to attract investor attention, particularly from retail traders, with some analysts noting its potential for high returns.

📈 TPI Composites, Inc. (TPIC) is gaining +9.53% at $0.3202 with significant volume. This comes ahead of its Q2 2025 earnings report, which is scheduled for today after the market closes, with investors anticipating a positive report after a period of significant price decline.

📈 Bluejay Diagnostics, Inc. (BJDX) is up +17.86% to $1.40 with strong volume, after recently providing a business and corporate update for the second quarter, which may be contributing to renewed investor interest.

📈 VivoPower International PLC (VVPR) sees a +10.78% rise to $5.10 with notable volume. This move could be a continuation of recent positive momentum from a strategic partnership with BitGo and its focus on sustainable energy solutions.

📈 Auddia Inc. (AUUD) is up +51.74% at $2.65 with massive volume, following recent news of a non-binding letter of intent for a business combination and restructuring, and a change in leadership to focus on becoming an AI-native holding company.

Premarket Picks

Wang & Lee Group, Inc. (WLGS) saw a significant pre-market jump of 54.37%, trading at $0.07. The surge follows the company’s recent filing of a 6-K form with the SEC, signaling notable developments or disclosures.

International Money Express, Inc. (IMXI) climbed 58.62% in pre-market trading to reach $14.72. The spike comes after Western Union announced plans to acquire the company, fueling investor optimism.

Auddia Inc. (AUUD) rose 47.92% in early trading, hitting a price of $3.92. The company gained momentum after filing its 10-Q periodic financial report with the SEC, offering insights into its quarterly performance.

Tilray Brands, Inc. (TLRY) increased 24.86% to $0.81. The company’s gains are linked to the launch of The Humble Seed Whole Wheat Protein Crackers at Whole Foods Market, expanding its product footprint.

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

Top Upgrades:

1. The Bancorp, Inc. (TBBK)

Analyst Firm: Raymond James

Upgraded: Outperform to Strong Buy

Price Target: $76

Friday's Close: $62.78

Raymond James raised its rating on The Bancorp from "Outperform" to "Strong Buy" and increased its price target from $71 to $76. Analysts have set price targets for The Bancorp, Inc. ranging from a low of $65.00 to a high of $76.00, with both the average and median target at $70.50. The company operates as a financial holding firm, offering a range of banking products and services across the U.S.

2. Sabre Corporation (SABR)

Analyst Firm: Bernstein

Upgraded: Market Perform to Outperform

Price Target: $3

Friday's Close: $1.88

Bernstein improved its rating on Sabre, moving it from "Market Perform" to "Outperform," and set a price target of $3. Sabre Corporation, a global provider of software and technology for the travel industry, has price targets spanning from $2.00 on the low end to $7.00 on the high end. The median estimate sits at $3.00, with an average target of $3.63.

3. Freeport-McMoRan Inc. (FCX)

Analyst Firm: Morgan Stanley

Upgraded: "Equal Weight to Overweight

Price Target: $48

Friday's Close: $41.87

Morgan Stanley upgraded Freeport-McMoRan from "Equal Weight" to "Overweight" while keeping its price target steady at $48. Freeport-McMoRan Inc., which engages in mineral mining across North America, South America, and Indonesia, has analyst price targets between $46.00 and $57.00. The median target is $52.25, while the average comes in slightly lower at $51.73.

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.