Salesforce Soars On Strong Earnings And AI Potential

🛑 VolksStrike: Nearly 100,000 Volkswagen workers joined one-day wave of strikes. Yahoo reports.

📉 EVSalesDrop: Tesla's China-made EV sales drop 4.3% in November. Reuters reports.

⬇️ DollarDilemma: Dollar stores are struggling to win over bargain hunters. CNBC reports.

🚀 EuroSat: Space firms plot new European satellite venture to take on Starlink as job cuts loom. Yahoo Finance reports.

📈 AmazonBoom: Amazon Black Friday, Cyber Monday event draws record sales. MarketWatch reports.

🗳️ MetaMute: Meta says gen AI had muted impact on global elections this year. Reuters reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $ERNA: Eterna Therapeutics
Total gain: +135.08%

2. $CNEY: CN Energy Group
Total gain: +131.17%

3. $HRTX: Heron Therapeutics
Total gain: +86.44%

4. $HTOO: Fusion Fuel Green
Total gain: +74.05%

5. $SVMH: SRIVARU Holding
Total gain: +40.45%

* Bob Iaccino is a chief market strategist and co-founder of Path Trading Partners. He joins us live every Thursday from 9 AM ET for "Pre-Market Momentum”.

Ignore the Noise: Trading on Facts, Not Hype

When scanning for short opportunities, it’s easy to get influenced by hype or rumors. From Reddit threads to Uber driver stock tips, these anecdotes are usually speculative and lack actionable value. Instead, base your decisions on what is verifiably true: price action and technical indicators. As traders, our focus should be on cold, hard data—not wishful thinking or hearsay.

Short selling is an advanced strategy that requires careful planning and an understanding of market trends. By sticking to a consistent screening process and focusing on technical weakness, you can improve your chances of success. Remember, always be prepared to act at your target levels and watch for the hidden costs of short selling, like borrowing fees.

The closing price of the top three market percent gainers trading near or above $3 on December 3.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time
Benzinga reports


1. $PSQH: PSQ Holdings
Total gain: +272.33%
The company announced that Donald Trump Jr. and Willie Langston have been appointed to its board of directors, with their appointments effective as of December 3, 2024. Benzinga reports.

2. $CTNT: Cheetah Net Supply Chain
Total gain: +141.18%
The company announced that it has signed definitive agreements to acquire TW & EW Services Inc., a California-based labor and logistics service provider. The acquisition is expected to close on or around December 4, 2024. With the integration of TW & EW, Cheetah aims to leverage additional service opportunities and strengthen its position as a comprehensive supply chain solutions provider. The total acquisition cost includes a $200,000 cash payment and the issuance of unregistered Class A common stock valued at $800,000, priced at $1.704 per share. Benzinga reports.

3. $PRCH: Porch Group
Total gain: +46.15%
The company announced details of its upcoming in-person and virtual Investor Day on December 5, 2024, at 9 a.m. Eastern in New York. The event will showcase updates on the company’s strategy, growth plans, and financial targets, including adjusted EBITDA goals of $50 million in 2025 and $100 million in 2026. Additionally, it will detail the new Insurance Services segment’s operations, targeting over $600 million in gross written premiums by 2026, with expectations of increased margins and profitability following the Reciprocal launch. Benzinga reports.

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

SNPS: Synopsys
4Q 2024
After Market Close
Estimate: 3.300
Actual: N/A

NCNO: Ncino
3Q 2025
After Market Close
Estimate: 0.160
Actual: N/A

CXM: Sprinklr
3Q 2025
After Market Close
Estimate: 0.080
Actual: N/A

Time (ET) / Report / Period

8:15 am - ADP employment - November
8:45 am - St. Louis Fed President Alberto Musalem welcoming remarks
9:00 am - Richmond Fed President Tom Barkin speaks

“It is not enough to merely buy a stock because you believe it will go up. The investor must have confidence in the management and a sound understanding of the business and its future potential.”

― Philip Fisher

Sourced in:
“Common stocks and uncommon profits”, by Philip Fisher, published in 1958