HWH Overview

Confluent Acquisition Talks: IBM is reportedly in advanced discussions to acquire Confluent Inc for approximately $11 billion, leading to a 31.8% rise in Confluent's shares during pre-market trading.

Pre-Market Stock Movements: Several stocks saw significant gains in pre-market trading, including Treasure Global Inc (+128%), Cemtrex Inc (+106.8%), and Fulcrum Therapeutics Inc (+40.4%).

Notable Stock Declines: Stocks that experienced declines include Polyrizon Ltd (-22.1%), Inspire Veterinary Partners Inc (-19.1%), and Gauzy Ltd (-19.1%).

Market Overview: The article provides a snapshot of various stocks' performances in pre-market trading, highlighting both gainers and losers, along with their respective percentage changes.

U.S. Stock Market Performance: U.S. stocks opened lower, with the Nasdaq Composite down over 1%, while the Dow and S&P 500 also experienced declines. Notable movements included a 182% surge in HWH International Inc. shares and a 58% drop in CleanCore Solutions, Inc. shares.

Economic Indicators: The S&P Global manufacturing PMI showed a slight decrease to 53.0 in August, while U.S. construction spending fell by 0.1% month-over-month. The ISM manufacturing PMI rose to 48.7, but still fell short of market expectations.

Carisma Therapeutics Investment: Carisma Therapeutics, Inc. shares surged 133.4% in pre-market trading following a $5 million investment from Ocugen as part of a merger with its subsidiary, OrthoCelix.

Pre-Market Stock Movements: Several stocks experienced significant pre-market trading changes, with HWH International Inc. gaining 95.8% and Professional Diversity Network, Inc. dropping 19.9% after a previous surge.

Boot Barn Holdings Performance: Boot Barn Holdings, Inc. shares rose 14.7% in pre-market trading after reporting fourth-quarter results that included disappointing earnings but positive first-quarter guidance and a $200 million share repurchase program.

Stock Movements: Several stocks experienced significant pre-market trading movements, with notable gainers including Graphjet Technology (up 189.2%) and Foot Locker, Inc. (up 67.8%), while losers included AGM Group Holdings Inc. (down 33.2%) and New Fortress Energy Inc. (down 31.3%).

U.S. Stock Market Performance: U.S. stocks rose this morning, with the Nasdaq Composite gaining over 100 points, while the Dow and S&P 500 also saw increases; however, utilities stocks fell by 1.1%.

Notable Company Earnings and Stock Movements: Sony reported better-than-expected earnings, while Incannex Healthcare's shares surged 376% after positive study results; in contrast, Polyrizon Ltd. experienced a significant drop of 41%.

Everus Construction Group Performance: Everus Construction Group, Inc. saw a significant increase in its stock price by 14.7% to $59.00 after reporting first-quarter earnings of 72 cents per share, surpassing the analyst estimate of 43 cents, along with sales of $826.63 million, exceeding expectations of $676.35 million.

Market Movements: Several stocks experienced notable pre-market trading movements, with HWH International Inc. rising 84.2% and Polyrizon Ltd. falling 44.2%, reflecting a mix of gains and losses across various companies following their quarterly results.