Pre-Market Updates: Active Stocks and Recommendations

Pre-Market activity shows mixed results for key stocks with some in the buy range. Notably, Palantir Technologies forecasts an earnings increase, indicating a slight positive outlook. Investors should note variations in recommendations as they navigate potential market impacts.

Date: 08-02-2025

AI Rating: 7

Overview of Pre-Market Indicators
The NASDAQ 100 Pre-Market Indicator is up, suggesting positive overall market sentiment. However, individual stocks reveal diverse performance and analysts' recommendations.
Earnings Per Share (EPS)
Palantir Technologies is notable as it forecasts an EPS of $0.08 for the fiscal quarter ending June 2025, with a recent record of 4 up revisions in the earnings forecast. This forecast could potentially enhance investor confidence in the stock.
Stock Performance Highlights
Several stocks, including Conduit Pharmaceuticals, Alibaba, and Palantir Technologies have shown positive movements, while others like NVIDIA and e.l.f. Beauty experienced declines. Notably, positions for Conduit Pharmaceuticals and Palantir reached a 52-week high, reinforcing investor interest. However, e.l.f. Beauty's larger drop may raise concerns among its investors. Their EPS and guidance could provide further insight into future performance.
Investment Recommendations
The analysis indicates varied recommendations across stocks, with several classified in the buy range, suggesting continued interest. The overall market dynamics, including the NASDAQ's upward movement, could impact investor sentiment positively, despite individual stock fluctuations.

Stocks: NVDIA BABA PLTR ELF