Pre-Market Most Active Stocks for Jul 10, 2025

The NASDAQ 100 Pre-Market Indicator is up 9.49 to 22,874.4, with a total Pre-Market volume of 490,938,728 shares traded. The most active stocks include BIT Mining Limited (BTCM), Direxion Daily TSLA Bull 2X Shares (TSLL), American Airlines Group (AAL), K Wave Media (KWM), Mobileye Global (MBLY), Sequans Communications (SQNS), MP Materials Corp. (MP), NVIDIA Corporation (NVDA), ProShares UltraPro Short QQQ (SQQQ), BigBear.ai (BBAI), Delta Air Lines (DAL), and WK Kellogg Co (KLG).

The Nasdaq-100 Pre-Market Indicator is up 9.49 to 22,874.4, with a total Pre-Market volume of 490,938,728 shares traded. This morning's market activity is driven by strong demand for Nasdaq-100 futures, as reported by JPMorgan’s weekly highlights report [2]. Asset managers significantly increased their positions in Nasdaq 100 futures last week, buying 1.1 standard deviations above average. This surge in demand is notable, given the recent market volatility and the index's performance.

Among the most active stocks, BIT Mining Limited (BTCM) and Direxion Daily TSLA Bull 2X Shares (TSLL) are particularly noteworthy. BTCM, a cryptocurrency mining company, has seen increased interest due to the ongoing cryptocurrency market dynamics. TSLL, a leveraged ETF that aims to provide 2x daily returns of the Tesla Inc. (TSLA) stock price, has also been a focal point for investors.

The report also highlights a notable rotation within equity sectors, with investors moving from Defensive to Cyclical positions. Consumer Discretionary, Communication Services, and Energy sectors saw strong inflows, while Growth and Value equity style ETFs experienced substantial outflows [2]. This shift reflects a broader trend of investors seeking exposure to growth and cyclical sectors in anticipation of a post-pandemic economic recovery.

Key individual stocks in the Nasdaq-100, such as NVIDIA Corporation (NVDA), ProShares UltraPro Short QQQ (SQQQ), and Delta Air Lines (DAL), have been active in the pre-market session. NVDA, a leader in graphics processing units (GPUs), has seen increased demand due to its role in artificial intelligence and data center applications. SQQQ, an inverse ETF that aims to deliver 3x the daily inverse performance of the Nasdaq-100, has been a popular choice for traders looking to hedge against market downturns. Delta Air Lines (DAL), a major airline, has been a focus due to its recovery from the pandemic and the ongoing rebound in air travel.

Investors should keep an eye on these trends and the performance of key stocks in the Nasdaq-100. As the market continues to evolve, the pre-market activity provides valuable insights into the sentiment and positioning of institutional investors.

References:
[1] https://www.nasdaq.com/market-activity/index/qmi
[2] https://www.investing.com/news/stock-market-news/asset-managers-boost-nasdaq-100-futures-cut-growth-etfs-93CH-4126667
[3] https://finance.yahoo.com/news/were-2-worst-performing-nasdaq-165242454.html