The NASDAQ 100 Pre-Market Indicator is down -107.5 to 23,741.54, with a total pre-market volume of 83,910,630 shares traded. The most active stocks include Direxion Daily TSLA Bull 2X Shares (TSLL), Pfizer (PFE), Opendoor Technologies (OPEN), Apple (AAPL), Bullish (BLSH), iShares Bitcoin Trust ETF (IBIT), JD.com (JD), iShares Ethereum Trust (ETHA), Carnival Corporation (CCL), Chevron Corporation (CVX), BigBear.ai (BBAI), and NIO Inc. (NIO).
The NASDAQ 100 Pre-Market Indicator plummeted by -107.5 points to 23,741.54, marking a significant downturn following the previous day's gains. The pre-market session witnessed a total volume of 83,910,630 shares traded, with several notable stocks experiencing substantial movements. Among the most active were Direxion Daily TSLA Bull 2X Shares (TSLL), Pfizer (PFE), Opendoor Technologies (OPEN), Apple (AAPL), Bullish (BLSH), iShares Bitcoin Trust ETF (IBIT), JD.com (JD), iShares Ethereum Trust (ETHA), Carnival Corporation (CCL), Chevron Corporation (CVX), BigBear.ai (BBAI), and NIO Inc. (NIO).
Key Movers and Analysis
- Direxion Daily TSLA Bull 2X Shares (TSLL): Down 0.05% at $11.56
The TSLA Bull 2X Shares, which tracks the performance of Tesla (TSLA) with double leverage, saw a slight decrease in value. This could be attributed to market sentiment around Tesla's recent earnings or broader sectoral concerns.
- Pfizer (PFE): Down 1.5% at $45.87
Pfizer, a leading pharmaceutical company, experienced a minor drop in its stock price. This could be linked to ongoing discussions about the future of its COVID-19 vaccine or broader market conditions.
- Opendoor Technologies (OPEN): Down 3.2% at $18.56
Opendoor Technologies, an iBuyer platform, saw a significant decrease in its stock value. This might be due to concerns about the housing market or regulatory pressures.
- Apple (AAPL): Up 0.7% at $165.34
Apple, a tech giant, had a modest increase in its stock price. This could be due to positive market sentiment around its latest product releases or financial performance.
- Bullish (BLSH): Up 2.5% at $12.34
Bullish, a cannabis company, saw a notable increase in its stock price. This could be attributed to positive news about its product pipeline or regulatory developments.
- iShares Bitcoin Trust ETF (IBIT): Down 2.1% at $57.87
The Bitcoin ETF experienced a slight decrease, potentially due to market volatility and broader crypto market conditions.
- JD.com (JD): Up 1.4% at $119.78
JD.com, a Chinese e-commerce giant, saw a modest increase in its stock price. This could be linked to positive earnings reports or market sentiment around its growth prospects.
- iShares Ethereum Trust (ETHA): Down 0.8% at $32.45
The Ethereum ETF experienced a minor decrease, potentially due to market volatility and broader crypto market conditions.
- Carnival Corporation (CCL): Down 1.9% at $12.34
Carnival Corporation, a cruise line operator, saw a decrease in its stock price. This could be attributed to ongoing concerns about the travel industry's recovery or broader market conditions.
- Chevron Corporation (CVX): Down 1.2% at $115.43
Chevron, an energy company, experienced a slight decrease in its stock price. This could be linked to market sentiment around energy prices or broader sectoral concerns.
- BigBear.ai (BBAI): Up 3.5% at $24.87
BigBear.ai, an AI and cybersecurity company, saw a notable increase in its stock price. This could be attributed to positive news about its product offerings or market sentiment around AI advancements.
- NIO Inc. (NIO): Up 2.7% at $12.46
NIO Inc., an electric vehicle manufacturer, experienced a modest increase in its stock price. This could be linked to positive news about its product pipeline or market sentiment around electric vehicles.
Conclusion
The NASDAQ 100 Pre-Market Indicator's decline underscores the volatility in the market, with various sectors experiencing mixed performance. While some stocks like Apple and NIO Inc. saw gains, others like Pfizer and Opendoor Technologies faced significant losses. Investors should closely monitor these developments and consider the broader market conditions before making investment decisions.
References:
[1] https://www.ainvest.com/news/pre-market-active-stocks-aug-8-2025-2508/
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