Why Amazon Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket

Shares of Amazon.com Inc (NASDAQ:AMZN) rose sharply in pre-market trading after the company announced an expanded strategic collaboration with Anthropic.

Amazon announced that Anthropic is committed to spending more than $100 billion on Amazon Web Services technology over the next 10 years to secure five gigawatts (GW) of capacity to train and power the company’s advanced AI models.

Amazon shares jumped 2.8% to $255.26 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

• Baiya International Group Inc (NASDAQ:BIYA) gained 58.6% to $1.38 in pre-market trading after falling more than 10% on Monday.
• Fitness Champs Holdings Ltd (NASDAQ:FCHL) gained 43.3% to $0.32 in pre-market trading. Univest Securities, LLC announced closing of $5.0 million public offering for its client Fitness Champs Holdings.
• Local Bounti Corp (NYSE:LOCL) rose 40.4% to $2.64 in pre-market trading after gaining 22% on Monday.
• Aspire Biopharma Holdings Inc (NASDAQ:ASBP) jumped 41.7% to $0.37 in pre-market trading.
• Scisparc Ltd (NASDAQ:SPRC) rose 32.4% to $5.60 in pre-market trading after dipping around 4% on Monday.
• Eason Technology Ltd (NYSE:DXF) rose 31% to $0.98 in pre-market trading.
• Beyond Meat Inc (NASDAQ:BYND) gained 19.8% to $1.39 in pre-market trading. The move comes as investors react to a newly disclosed SEC Form 144 filing showing planned insider selling activity. The filing indicates that company officer Teri L. Witteman intends to sell approximately 29,978 shares.
• Huachen AI Parking Mgmt Tech Hldg Co Ltd (NASDAQ:HCAI) rose 16.3% to $6.40 in pre-market trading after jumping 16% on Monday.
• Solid Power Inc (NASDAQ:SLDP) gained 8.8% to $3.70 in pre-market trading.

Losers

• Oriental Rise Holdings Ltd (NASDAQ:ORIS) fell 21.1% to $0.49 in pre-market trading after the company received Nasdaq Staff delisting determination.
• CN ENERGY GROUP Inc (NASDAQ:CNEY) declined 19.1% to $0.59 in pre-market trading after jumping around 42% on Monday.
• Spruce Biosciences, Inc (NASDAQ:SPRB) dipped 16.8% to $58.13 in pre-market trading after the company announced pricing of public offering of common stock and pre-funded warrants.
• Amesite Inc (NASDAQ:AMST) tumbled 14.2% to $1.51 in pre-market trading.
• Theriva Biologics Inc (NYSE:TOVX) shares dipped 12.7% to $0.36 in pre-market trading after jumping over 59% on Monday.
• Maase Inc. (NASDAQ:MAAS) fell 10.2% to $9.28 in pre-market trading after gaining 5% on Monday.
• Emerson Electric Co. (NYSE:EMR) fell 8.8% to $133.87 in pre-market trading.
• AXT, Inc. (NASDAQ:AXTI) dipped 8.8% to $71.87 in pre-market trading after the company announced a public offering.
• Perpetuals.com Ltd (NASDAQ:PDC) fell 6.7% to $7.35 in pre-market trading after gaining 13% on Monday.
• CoinShares PLC (NASDAQ:CSHR) fell 6.6% to $4.98 in pre-market trading after declining around 6% on Monday.

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