Premarket Movers | Energy stocks & ETFs surge with Battalion Oil up 13%, UCO up 7%; Marvell Technology Jumps 5%; TopBuild Soars 20%; AST SpaceMobile Sinks 13%

Tiger Newspress04-20

Energy stocks and ETFs surged in premarket trading. Battalion Oil up 13%; ProShares Ultra Bloomberg Crude Oil up 7%; United States Oil Fund LP, US Energy rose 6%; Indonesia Energy rose 5%.

The halt of nearly all traffic in the Strait of Hormuz combined with the cloudiness about the state of US-Iran diplomacy weighed on financial markets Monday. US stock futures fell and oil surged, with global crude benchmark Brent jumping over 7% to around $96.80 a barrel.

Shares of Marvell Technology rose 5% in premarket trading. Alphabet's Google is in talks with Marvell to develop two new chips aimed at running AI models more efficiently, The Information reported on Sunday citing two people with knowledge of the discussions.

TopBuild shares surged nearly 20% in premarket trading. U.S. construction supplies distributor QXO struck a $17 billion deal on Sunday to acquire building products distributor ‌and installer TopBuild, adding to a wave of acquisitions by the company led by billionaire dealmaker Brad Jacobs.

Blue Origin's New Glenn mission placed AST SpaceMobile's BlueBird 7 satellite into an incorrect orbit, leading to the satellite de orbiting. AST SpaceMobile shares sank 13% in premarket trading.

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US stock futures fell and oil surged, with global crude benchmark Brent jumping over 7% to around $96.80 a barrel.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e4c150059ea343ab5937f72aeb7b9306\" tg-width=\"978\" tg-height=\"630\"/></p><p>Shares of <a href=\"https://laohu8.com/S/MRVL\">Marvell Technology</a> rose 5% in premarket trading. <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a>&#39;s Google is in talks with <a href=\"https://laohu8.com/S/MRVL\">Marvell</a> to develop two new chips aimed at running AI models more efficiently, The Information reported on Sunday citing two people with knowledge of the discussions.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/259727aa8b5079b2c6b96bce55c2af94\" tg-width=\"705\" tg-height=\"615\"/></p><p><strong><a href=\"https://laohu8.com/S/BLD\">TopBuild</a></strong> shares surged nearly 20% in premarket trading. U.S. construction supplies distributor <strong><a href=\"https://laohu8.com/S/QXO\">QXO</a></strong> struck a $17 billion deal on Sunday to acquire building products distributor ‌and installer <strong><a href=\"https://laohu8.com/S/BLD\">TopBuild</a></strong>, adding to a wave of acquisitions by the company led by billionaire dealmaker Brad Jacobs. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/de4b21ff6e8bed35052ab085418d062a\" tg-width=\"702\" tg-height=\"605\"/></p><p>Blue Origin&#39;s New Glenn mission placed <strong><a href=\"https://laohu8.com/S/ASTS\">AST SpaceMobile</a></strong>&#39;s BlueBird 7 satellite into an incorrect orbit, leading to the satellite de orbiting. 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U.S. construction supplies distributor <strong><a href=\"https://laohu8.com/S/QXO\">QXO</a></strong> struck a $17 billion deal on Sunday to acquire building products distributor ‌and installer <strong><a href=\"https://laohu8.com/S/BLD\">TopBuild</a></strong>, adding to a wave of acquisitions by the company led by billionaire dealmaker Brad Jacobs. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/de4b21ff6e8bed35052ab085418d062a\" tg-width=\"702\" tg-height=\"605\"/></p><p>Blue Origin&#39;s New Glenn mission placed <strong><a href=\"https://laohu8.com/S/ASTS\">AST SpaceMobile</a></strong>&#39;s BlueBird 7 satellite into an incorrect orbit, leading to the satellite de orbiting. AST SpaceMobile shares sank 13% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/19e99993bc242a288b796e7dc980c12e\" tg-width=\"699\" tg-height=\"606\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MRVL","symbol_name":"迈威尔科技","start_time":0,"source_url":"","article_id":"1193300040","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1193300040","pubTimestamp":1776672943,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Energy stocks and ETFs surged in premarket trading. $Battalion Oil(BATL)$ up 13%; $ProShares Ultra Bloomberg Crude Oil(UCO)$ up 7%; $United States Oil Fund LP(USO)$, $US Energy(USEG)$ rose 6%;...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MRVL":"迈威尔科技","HAL":"哈里伯顿","SHEL":"SHELL PLC SPON ADS EACH REPR 2 ORD SHS","MUR":"墨菲石油","OXY":"西方石油","VLO":"瓦莱罗能源","DVN":"德文能源","USEG":"美国能源","INDO":"Indonesia Energy Corp Ltd.","MPC":"马拉松原油","SLB":"斯伦贝谢","XOM":"埃克森美孚","BKR":"Baker Hughes Co","COP":"康菲石油","CVX":"雪佛龙","EQNR":"Equinor ASA","PBR":"巴西石油公司","PSX":"Phillips 66","PBF":"PBF Energy","BP":"英国石油"},"translate_title":"盘前走势|能源股和ETF飙升，Battalion Oil上涨13%，UCO上涨7%；Marvell Technology上涨5%；TopBuild飙升20%；AST SpaceMobile下跌13%","themeId":"475d7c5a7dfa0a205e97da7c886edc7a","isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/c212ee2fb12e6517edf047658fbcfc90","symbols_score_info":{"MRVL":2,"BKR":2,"EQNR":2,"INDO":2,"PBR":2,"SHEL":2,"COP":2,"MPC":2,"SLB":2,"MUR":2,"OXY":2,"XOM":2,"PSX":2,"BP":2,"USEG":2,"HAL":2,"DVN":2,"CVX":2,"VLO":2,"PBF":2},"content_text":"Energy stocks and ETFs surged in premarket trading. Battalion Oil up 13%; ProShares Ultra Bloomberg Crude Oil up 7%; United States Oil Fund LP, US Energy rose 6%; Indonesia Energy rose 5%.The halt of nearly all traffic in the Strait of Hormuz combined with the cloudiness about the state of US-Iran diplomacy weighed on financial markets Monday. US stock futures fell and oil surged, with global crude benchmark Brent jumping over 7% to around $96.80 a barrel.Shares of Marvell Technology rose 5% in premarket trading. Alphabet's Google is in talks with Marvell to develop two new chips aimed at running AI models more efficiently, The Information reported on Sunday citing two people with knowledge of the discussions.TopBuild shares surged nearly 20% in premarket trading. U.S. construction supplies distributor QXO struck a $17 billion deal on Sunday to acquire building products distributor ‌and installer TopBuild, adding to a wave of acquisitions by the company led by billionaire dealmaker Brad Jacobs. 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