The NASDAQ 100 Pre-Market Indicator is down -41.62 to 23,343.15, with a total Pre-Market volume of 119,921,297 shares traded. Most active stocks include Opendoor Technologies (OPEN), Rocket Pharmaceuticals (RCKT), Direxion Daily TSLA Bull 2X Shares (TSLL), ProShares UltraPro Short QQQ (SQQQ), Palantir Technologies (PLTR), NVIDIA Corporation (NVDA), Target Corporation (TGT), NIO Inc. (NIO), BigBear.ai (BBAI), ZIM Integrated Shipping Services (ZIM), James Hardie Industries (JHX), and Archer Aviation (ACHR).
Title: Nasdaq 100 Pre-Market Indicator Plunges as Tech Stocks Lead the Way
The Nasdaq 100 Pre-Market Indicator has experienced a significant downturn, dropping by -41.62 points to 23,343.15. This decline comes amidst a total pre-market volume of 119,921,297 shares traded. Key movers in the pre-market session include Opendoor Technologies (OPEN), Rocket Pharmaceuticals (RCKT), Direxion Daily TSLA Bull 2X Shares (TSLL), ProShares UltraPro Short QQQ (SQQQ), Palantir Technologies (PLTR), NVIDIA Corporation (NVDA), Target Corporation (TGT), NIO Inc. (NIO), BigBear.ai (BBAI), ZIM Integrated Shipping Services (ZIM), James Hardie Industries (JHX), and Archer Aviation (ACHR).
Opendoor Technologies (OPEN) has been a notable performer, with its stock trading up by 7.26% as of Monday, August 18, 2025 [3]. This positive movement can be attributed to several key financial metrics and market activities, including its revenue reaching $5.15 billion and adjusted EBITDA profitability for the first time since 2022. Despite facing challenges such as negative profit margins and a high debt-to-equity ratio, Opendoor successfully met Nasdaq’s minimum bid criteria, ensuring its continued listing and driving its stock price to $3.38.
Rocket Pharmaceuticals (RCKT) and Direxion Daily TSLA Bull 2X Shares (TSLL) are also significant movers in the pre-market session. Rocket Pharmaceuticals, a biopharmaceutical company, has been gaining traction due to its innovative approach in drug development. Direxion Daily TSLA Bull 2X Shares (TSLL), on the other hand, is a leveraged ETF that aims to provide 2x daily returns of the Tesla Inc. (TSLA) stock price, attracting investors seeking to capitalize on the volatility of the electric vehicle sector.
ProShares UltraPro Short QQQ (SQQQ) is another key player in the pre-market session. This ETF is designed to provide daily returns that are the inverse and twice the daily performance of the Nasdaq-100 Index, offering investors a way to hedge against market downturns or speculate on short-term market movements [2].
Palantir Technologies (PLTR) and NVIDIA Corporation (NVDA) are also notable pre-market movers. Palantir Technologies, a software company specializing in big data analysis, has seen increased interest due to its potential applications in various industries, including defense, finance, and healthcare. NVIDIA Corporation, a leader in graphics processing units (GPUs), continues to benefit from its strong position in the gaming and data center markets.
Target Corporation (TGT), NIO Inc. (NIO), BigBear.ai (BBAI), ZIM Integrated Shipping Services (ZIM), James Hardie Industries (JHX), and Archer Aviation (ACHR) are also active in the pre-market session. Target Corporation, a major retailer, has been gaining attention due to its e-commerce growth and strategic partnerships. NIO Inc., a Chinese electric vehicle manufacturer, has seen increased interest due to its innovative technology and expanding market presence. BigBear.ai, a provider of AI and data analytics solutions, has been attracting investors due to its potential in the growing AI market. ZIM Integrated Shipping Services, a provider of container shipping services, has seen increased interest due to its strategic partnerships and expansion plans. James Hardie Industries, a manufacturer of building materials, has been gaining attention due to its strong position in the residential construction market. Archer Aviation, a manufacturer of electric vertical take-off and landing (eVTOL) aircraft, has been attracting investors due to its innovative technology and potential market opportunities.
In conclusion, the Nasdaq 100 Pre-Market Indicator has experienced a significant downturn, driven by key movers such as Opendoor Technologies, Rocket Pharmaceuticals, Direxion Daily TSLA Bull 2X Shares, ProShares UltraPro Short QQQ, Palantir Technologies, NVIDIA Corporation, Target Corporation, NIO Inc., BigBear.ai, ZIM Integrated Shipping Services, James Hardie Industries, and Archer Aviation. Investors should closely monitor these stocks and the broader market trends to make informed investment decisions.
References:
[1] https://www.nasdaq.com/market-activity/index/qmi
[2] https://www.businesswire.com/news/home/20250814666292/en/ProShares-Launches-First-ETF-to-Target-2x-Daily-Returns-of-Nasdaq-100-Top-30-Index
[3] https://www.timothysykes.com/news/opendoor-technologies-inc-open-news-2025_08_18/
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