CREV Overview

Planet Labs Performance: Planet Labs PBC shares surged 16.4% to $15.15 in pre-market trading after reporting third-quarter revenue of $81.25 million, exceeding analyst expectations, and raising its FY26 sales guidance.

Other Gainers: Several stocks saw significant pre-market gains, including Agape ATP Corporation (+152.3%), WORK Medical Technology Group (+38.4%), and Galaxy Payroll Group (+37.8%).

Notable Losers: Stocks that experienced sharp declines include Kaival Brands (-40%), Beasley Broadcast Group (-35.3%), and Oxford Industries (-25.6%) after reporting disappointing financial results.

Market Overview: The pre-market trading session showed a mix of gains and losses across various stocks, with notable movements influenced by recent earnings reports and guidance updates.

NASDAQ 100 Pre-Market Indicator: The NASDAQ 100 is down by 62.24 points to 24,595, with a total pre-market volume of 439,282,825 shares traded.

Most Active Stocks: Bitfarms Ltd. (BITF) and Artiva Biotherapeutics, Inc. (ARTV) are among the most active stocks, with BITF down to $5.01 and ARTV up to $5.63, both receiving "buy" recommendations.

Stock Performance Highlights: ProShares UltraPro Short QQQ (SQQQ) and IonQ, Inc. (IONQ) have shown notable movements, with SQQQ slightly up and IonQ reaching a 52-week high at $67.78.

Target Price Comparisons: NIO Inc. (NIO) is trading at 96.64% of its target price, while Lithium Americas Corp. (LAC) is at 129.2% of its target price, indicating varying performance against market expectations.

Funding Announcement: Carbon Revolution plc has successfully released a total of US$25 million from a facility with Orion Infrastructure Capital, along with an additional US$400,000 from existing loan reserves, while also issuing penny warrants to stakeholders.

Revenue Forecast Revision: The company has revised its revenue forecasts downward due to a decline in wheel orders and is exploring additional funding options as it anticipates needing more capital within the next quarter.

Company Compliance Notification: Carbon Revolution plc has received a notification from Nasdaq indicating non-compliance with the minimum stockholder's equity requirement, allowing 45 days to submit a compliance plan and potentially extending the deadline up to 180 days if accepted.

Business Overview: Carbon Revolution is a leading manufacturer of lightweight carbon fiber wheels for the automotive industry, focusing on high-performance and luxury segments, while also facing various risks that could impact its future performance and compliance.

NASDAQ 100 Pre-Market Performance: The NASDAQ 100 is down by 95.18 points, with a total pre-market volume of approximately 449 million shares traded. Notable active stocks include Direxion Daily TSLA Bull 2X Shares and Foot Locker, Inc., with significant trading volumes and price changes.

Stock Highlights: Tesla, Inc. is down significantly at $340.10, while Foot Locker, Inc. has seen a rise following a recent high. Other notable movements include Alibaba Group's reorganization plans and Walmart's new collaboration in the beauty sector.