| Netflix [NFLX] - Last Close: $3.45 Netflix is trending after a strong earnings report. On Wednesday, the streaming giant reported its Q3 earnings report, and the results impressed investors. Netflix's EPS grew 20% YoY to $3.73 in Q3, topping Wall Street's $3.50 consensus. Revenues jumped 7.8% to hit $8.54 billion for the quarter. Netflix also added 8.8 million subscribers in Q3, compared to just 2.4 million a year earlier. NFLX is leading the S&P 500 with a 13.6% gain. My Take: NFLX is facing stiff resistance at $450 per share. I'm not sure this report will be enough for it to break through, but it could certainly be the beginning of a pivot higher. SEALSQ [LAES] - Last Close: $1.48 SEALSQ is running hot after an announcement. Yesterday, the company announced a new supply deal with wireless connectivity provider Aesopower. Under the terms of the deal, SEALSQ will supply a hardware secure element for a street lighting controller called the VaultlC408. VaultlC408 is a tamper-resistant microcontroller designed to enable secure communication, authentication for IoT devices, and other security benefits. Financial terms of the deal weren't disclosed, but LAES is getting a boost on the news. Shares of LAES are up 18.8% in early trading. My Take: LAES is getting a boost from this news, but WKEY could also be worth watching. Apparently, WKEY is a major shareholder in LAES. SeaStar Medical [ICU] - Last Close: $0.771 SeaStar Medical is running hot after a regulatory breakthrough. The micro-cap biotech stock jumped 70% on Wednesday after the FDA awarded a Breakthrough Device Designation for its Selective Cytopheretic tech. The BDD could give SeaStar access to benefits like in-depth agency guidance, priority reviews, and more. SeaStar's device was awarded the BDD as therapeutic for hepatorenal syndrome, and it's the third BDD granted for the device. ICU continues to run hot in today's premarket. It's up another 59.3% in today's premarket after Wednesday's rally. My Take: ICU appears to be onto something. Shares prices are also beginning to trend in the right direction. Could be a speculative trade candidate. NXU [NXU] - Last Close: $0.069 A regulatory update is lifting NXU in today's premarket. The battery-maker announced yesterday morning that it received formal notice from Nasdaq that its compliance hearing will be held Dec. 14th, 2023. Last week, Nasdaq also told the company it would delist its Class A stock from the Nasdaq on Oct. 19th, which is today. On Tuesday, NXU filed for a $75 million mixed-shelf offering with the SEC. NXU is the most active stock in today's premarket, and it's up 40.0%. My Take: It's been a busy week for NXU, so it's hard to gauge what exactly is driving this move. There's been a massive volume spike over the past couple of weeks, so a big move could be brewing here. GainersZapp Electric Vehicle [ZAPP] >> +58.9%Mangoceuticals [MGRX] >> +27.3%Interactive Strength [TRNR] >> +16.1% DeclinersCollplant [CLGN] >> (19.5%) Grindrod Shipping [GRIN] >> (16.3%)Falcon's Beyond Global [FBYD] >> (16.9%) Philip Morris International [PM] ... AM Union Pacific Corporation [UNP] ... AM Blackstone [BX] ... AM AT&T [T] ... AM Marsh & McLennan Companies [MMC] ... AM Freeport-McMoRan [FCX] ... AM Truist Financial Corporation [TFC] ... AM Genuine Parts Company [GPC] ... AM Intuitive Surgical [ISRG] ... PM CSX Corporation [CSX] ... PM Initial jobless claims [Oct] ... 8:30aPhiladelphia Fed manufacturing survey [Oct] ... 8:30aExisting home sales [Sep] ... 10:00aU.S. leading economic indicators [Sep] ... 10:00a |
