U.S. stock futures were rising Monday, pointing to a second consecutive session of gains after Wall Street closed higher Friday and ended a five-day losing streak.
These stocks were poised to make moves Monday:
Robotics Stocks - Robotics Stocks soared again in premarket trading. Nauticus Robotics rose 87%; Microbot Medical rose 55%; Lifeward rose 32%; Richtech Robotics rose 31%; Guardforce AI rose 30%; Arbe Robotics rose 16%; Serve Robotics rose 14%.
Chip stocks - Chip stocks rose in premarket trading ahead of the CES tech show. ASML, STMicroelectronics and TSMC rose 4%; Micron Technology, Lam Research, AMD, and Super Micro Computer rose 3%.
Crypto stocks - Bitcoin is nearing the $100,000 mark as the largest digital asset regains momentum with Donald Trump’s US Election victory set to be ratified. Crypto stocks jumped in premarket trading. Bitfarms rose 6%; Riot Platforms, Coinbase, MARA Holdings, and MicroStrategy rose 2%.
Tesla - Shares of Tesla rose another 1.6% in premarket trading. The shares jumped 8.2% on Friday, thanking to positive industry reports and analyst coverage..
Microsoft - Microsoft gained 1.3% in premarket trading after rising 1.1% on Friday following a blog post from Microsoft President Brad Smith that said the company would be building out AI-enabled data centers that train models and run AI applications globally. More than half of the spending would be in the U.S.
Cerence - Shares of Cerence continued to rise 20% in premarket trading after zooming 143.76% on Friday amid the announcement of an automotive collaboration with chipmaker Nvidia.
Plug Power - Plug Power closed 13% higher on Friday and was up an additional 9.5% in premarket trading after the Treasury Department issued new rules that would allow clean hydrogen companies to qualify for tax breaks if they capture and store carbon from the hydrogen production, or if they use clean electricity to make it.
VeriSign - VeriSign rose 2.5% after Berkshire Hathaway bought about $4 million more stock of the internet domain-name registry company. The small recent buys of about 20,000 shares were made at an average price of nearly $205 a share, according to a regulatory filing. Berkshire Hathaway now owns 13.3 million shares of Verisign, a roughly 14% stake worth about $2.7 billion.
Comments