SGLY Overview

AZEK Company Acquisition: Shares of The AZEK Company Inc rose 18.2% in pre-market trading following the announcement that James Hardie Industries plc plans to acquire the company for $8.75 billion.

Stock Movements: Several stocks experienced significant changes in pre-market trading, with Windtree Therapeutics gaining 54.7% and 23andMe falling 41.9% after initiating voluntary Chapter 11 bankruptcy.

Leadership Changes at TCTM: TCTM Kids IT Education Inc. has appointed Mr. Heng Wang as CEO, Mr. Xiaolan Tang as CFO, and Dr. Robert L. Angell as CTO, effective February 28, 2025, to enhance its focus on AI-driven technology in education.

Company Overview: TCTM is a prominent provider of IT-focused STEM education services in China, offering programs like computer coding and robotics for children aged three to eighteen, aimed at fostering logical thinking and interest in technology.

Exicure's Stock Surge: Exicure, Inc. shares rose 179.9% in pre-market trading after receiving an extension from the Nasdaq Hearings Panel to maintain its listing, with a compliance deadline set for November 14.

Market Movements: Other notable pre-market stock movements included Zeo Energy Corp. gaining 288.9%, while Progyny, Inc. saw a decline of 23.2%.

Oracle Corporation Earnings Report: Oracle shares surged 8.8% in pre-market trading following a strong earnings report and the launch of Oracle Database@AWS, allowing customers to access Oracle's services on Amazon's infrastructure.

Stock Movements: Several stocks saw significant pre-market gains, including Silexion Therapeutics (up 62.2%) and Quoin Pharmaceuticals (up 35.4%), while others like Singularity Future Technology and Edgio experienced notable declines.

U.S. Stock Market Performance: U.S. stocks experienced a decline, with the Dow Jones falling over 1% and notable drops in the S&P 500 and NASDAQ; however, consumer discretionary shares rose by 0.8%.

Economic Indicators: U.S. private businesses added 99,000 jobs in August, below market expectations, while initial jobless claims decreased slightly; additionally, crude oil inventories fell significantly more than anticipated.

U.S. Stock Market Performance: U.S. stocks showed slight gains with the Nasdaq Composite up 0.2%, while initial jobless claims decreased to 227,000, indicating a stronger labor market than expected.

Global Market Trends: European shares were mixed, Asian markets mostly declined, and commodity prices saw increases in oil, gold, silver, and copper.