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In today’s market, it’s important to keep an eye on the companies making headlines before the bell. For example, Trump Media & Technology, the parent company of TruthSocial, saw a 9% increase in premarket trading on Election Day. This stock is often viewed as a proxy for betting on the former president’s likelihood of winning the race for the White House.
Meanwhile, Palantir, a cybersecurity stock, surged 14% on strong third-quarter results, citing “unrelenting AI demand” and a 30% jump in revenue from the prior year. And NXP Semiconductors slipped 7% after providing disappointing fourth-quarter guidance, pointing to macro weakness in certain regions.
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