CMCM, BZFD among major communication services gainers; MDIA, IHRT among losers
- Gainers and Losers:
- MultiMetaVerse Holdings (MMV) and Cheetah Mobile (CMCM) are top gainers, while MediaCo Holding (MDIA) and iHeartMedia (IHRT) are among the losers.
- Market Performance:
- S&P 500 Communication Services sector is up 0.3%, Telecommunication Services up 0.4%, and Media & Entertainment up 0.1%.
- Stock Insights:
- Paramount is the most shorted S&P 500 communications stock in April, with Alphabet being the least shorted.
- Earnings Report:
- 3 out of 6 S&P500 communication services stocks have delivered EPS wins this week according to the Earnings Scorecard.
- ETF Analysis:
- More on Communication Services Select Sector SPDR Fund XLC, indicating an eclectic growth ETF with potential upside ahead and a robust outlook.
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3 Penny Stocks to Watch Now, 6/5/25
Penny Stocks to Watch: K Wave Media, Cellectar Biosciences, and Baosheng Media Group Holdings are highlighted as top penny stocks on June 5, 2025, based on their high Dollar Volume and significant stock price increases.
Company Highlights: K Wave Media plans to create a Bitcoin treasury, Cellectar Biosciences received FDA Breakthrough Therapy Designation for its cancer drug, while Baosheng Media's stock surged without specific news.
Why Chanson International Holding Shares Are Trading Higher By Around 170%; Here Are 20 Stocks Moving Premarket
Chanson International Holding's Financial Performance: Shares of Chanson International Holding surged 170% in pre-market trading after reporting a year-over-year increase in FY24 financial results, with EPS rising to 5 cents and revenue increasing to $18.2 million.
Market Movements of Other Stocks: Several stocks experienced significant pre-market trading movements, including Bluejay Diagnostics rising 69.5%, while BrightSpring Health Services fell 35.8%.
S&P 500 Edges Lower, SciSparc Shares Surge
U.S. Stock Market Performance: U.S. stocks traded slightly lower with the S&P 500, Dow, and NASDAQ all experiencing minor declines; however, industrial shares rose by 0.3% while consumer discretionary shares fell by 0.5%.
Jobless Claims and Notable Stocks: Initial jobless claims decreased to 219,000, below market expectations; notable stock movements included SEALSQ Corp surging 48% after launching a new research hub, while Neuphoria Therapeutics Inc saw a significant drop of 32%.
Dow Gains 50 Points, SEALSQ Shares Rally (CORRECTED)
Stock Market Performance: U.S. stocks saw a slight increase, with the Dow Jones up 0.12%, NASDAQ rising 0.03%, and S&P 500 gaining 0.05%. Notable movements included SEALSQ Corp shares soaring 31% after announcing a new research hub, while Neuphoria Therapeutics Inc. shares fell by 38%.
Economic Indicators: Initial jobless claims in the U.S. decreased by 1,000 to 219,000, better than market expectations of 224,000, indicating a potentially strengthening labor market.
Dow Gains 50 Points, SEALSQ Shares Plummet
U.S. Stock Market Performance: U.S. stocks saw a slight increase with the Dow Jones up 0.12%, NASDAQ rising 0.03%, and S&P 500 gaining 0.05%. Notable movements included SEALSQ Corp's shares surging 31% after launching a new research hub, while Neuphoria Therapeutics Inc. experienced a 38% drop.
Economic Indicators: Initial jobless claims in the U.S. fell by 1,000 to 219,000, better than market expectations of 224,000. Meanwhile, commodity prices showed modest increases, with oil up 0.2% and gold rising 0.6%.
Nasdaq Dips Over 100 Points, US Initial Jobless Claims Fall
U.S. Stock Market Performance: U.S. stocks experienced a decline, with the Nasdaq Composite dropping over 100 points and the Dow down 0.40%. The S&P 500 also fell by 0.53%, while initial jobless claims decreased to 219,000, lower than market expectations.
Market Movements in Commodities and Asia: Oil and gold prices saw slight increases, while Asian markets mostly closed higher, with Japan's Nikkei 225 gaining 1.12%. Notable stock movements included significant gains for Millennium Group International Holdings and Zoomcar Holdings, contrasted by sharp declines for Neuphoria Therapeutics and Baosheng Media Group.
3 Penny Stocks to Watch Now, 6/5/25
Penny Stocks to Watch: K Wave Media, Cellectar Biosciences, and Baosheng Media Group Holdings are highlighted as top penny stocks on June 5, 2025, based on their high Dollar Volume and significant stock price increases.
Company Highlights: K Wave Media plans to create a Bitcoin treasury, Cellectar Biosciences received FDA Breakthrough Therapy Designation for its cancer drug, while Baosheng Media's stock surged without specific news.
Why Chanson International Holding Shares Are Trading Higher By Around 170%; Here Are 20 Stocks Moving Premarket
Chanson International Holding's Financial Performance: Shares of Chanson International Holding surged 170% in pre-market trading after reporting a year-over-year increase in FY24 financial results, with EPS rising to 5 cents and revenue increasing to $18.2 million.
Market Movements of Other Stocks: Several stocks experienced significant pre-market trading movements, including Bluejay Diagnostics rising 69.5%, while BrightSpring Health Services fell 35.8%.
S&P 500 Edges Lower, SciSparc Shares Surge
U.S. Stock Market Performance: U.S. stocks traded slightly lower with the S&P 500, Dow, and NASDAQ all experiencing minor declines; however, industrial shares rose by 0.3% while consumer discretionary shares fell by 0.5%.
Jobless Claims and Notable Stocks: Initial jobless claims decreased to 219,000, below market expectations; notable stock movements included SEALSQ Corp surging 48% after launching a new research hub, while Neuphoria Therapeutics Inc saw a significant drop of 32%.
Dow Gains 50 Points, SEALSQ Shares Rally (CORRECTED)
Stock Market Performance: U.S. stocks saw a slight increase, with the Dow Jones up 0.12%, NASDAQ rising 0.03%, and S&P 500 gaining 0.05%. Notable movements included SEALSQ Corp shares soaring 31% after announcing a new research hub, while Neuphoria Therapeutics Inc. shares fell by 38%.
Economic Indicators: Initial jobless claims in the U.S. decreased by 1,000 to 219,000, better than market expectations of 224,000, indicating a potentially strengthening labor market.
Dow Gains 50 Points, SEALSQ Shares Plummet
U.S. Stock Market Performance: U.S. stocks saw a slight increase with the Dow Jones up 0.12%, NASDAQ rising 0.03%, and S&P 500 gaining 0.05%. Notable movements included SEALSQ Corp's shares surging 31% after launching a new research hub, while Neuphoria Therapeutics Inc. experienced a 38% drop.
Economic Indicators: Initial jobless claims in the U.S. fell by 1,000 to 219,000, better than market expectations of 224,000. Meanwhile, commodity prices showed modest increases, with oil up 0.2% and gold rising 0.6%.
Nasdaq Dips Over 100 Points, US Initial Jobless Claims Fall
U.S. Stock Market Performance: U.S. stocks experienced a decline, with the Nasdaq Composite dropping over 100 points and the Dow down 0.40%. The S&P 500 also fell by 0.53%, while initial jobless claims decreased to 219,000, lower than market expectations.
Market Movements in Commodities and Asia: Oil and gold prices saw slight increases, while Asian markets mostly closed higher, with Japan's Nikkei 225 gaining 1.12%. Notable stock movements included significant gains for Millennium Group International Holdings and Zoomcar Holdings, contrasted by sharp declines for Neuphoria Therapeutics and Baosheng Media Group.
