Nasdaq is on track to beat the New York Stock Exchange on listings for the sixth straight year in 2024

Image source: Wikimedia Commons.

Nasdaq is on track to beat the New York Stock Exchange on listings for the sixth straight year in 2024 📊, as Wall Street looks for a bumper crop of initial public offerings in 2025. Yahoo Finance reports.

🚫 CruiseStop: GM’s Cruise robotaxi business is latest growth initiative to falter. CNBC reports.

🚀 CryptoWave: Bitcoin rises to new record above $106,000 ahead of this week’s Fed decision. CNBC reports.

📈 EconChill: China’s industrial output growth quickened slightly in November, while retail sales disappointed, keeping alive calls for Beijing to ramp up consumer-focused stimulus as policymakers brace for more US trade tariffs under a second Trump administration. CNN Business.

🛍️ ShopTock: TikTok Shop was going to be the next big thing. A potential ban could change that. CNN Business.

🚗 Shift: Stellantis, owner of 14 brands including Fiat, Jeep and Ram, is acting swiftly to dismantle the legacy of its former CEO and repair relations with dealers, industry partners, governments and workers. Reuters reports.

📈 DataRise: Software firm Databricks is nearing a deal that could become one of the largest venture capital funding rounds in history. Yahoo Finance 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. $MSTR: MicroStrategy
Total gain: 937.14%

2. $SIDU: Sidus Space
Total gain: 77.62%

3. $LAES: SEALSQ
Total gain: 50.85%

4. $UBXG: U-BX Technology
Total gain: 38.61%

5. $PRTC: PureTech Health
Total gain: 22.85%

* 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”.

What Are Golden Crosses and Death Crosses?

Golden Cross: This occurs when the 50-day moving average crosses above the 200-day moving average, signaling potential long-term bullish momentum.

Death Cross: This is the opposite. It happens when the 50-day moving average crosses below the 200-day moving average, indicating possible bearish momentum.

Both are lagging indicators, meaning they reflect past price movements and often mark significant trend shifts. However, these patterns need context to be actionable.

The closing price of the top three market percent gainers trading near or above $3 on December 13.

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

1. $WKEY: WISeKey International Holding
Total gain: +142.68%
The company announced WISeSat satellite launch with spaceX on January 14, 2025. Benzinga reports.

2. $IPHA: Innate Pharma
Total gain: +96.45%
The stock appeared to be moving on no notable news.

3. $CGTL: Creative Global Tech
Total gain: +37.92%
The stock appeared to be moving on no notable news

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

RICK: RCI Hospitality Holdings
Q4 2024
After Market Close
Estimate: 0.370
Actual: N/A

RCAT: Red Cat Holdings
Q2 2025
After Market Close
Estimate: -0.090
Actual: N/A

MITK: Mitek Systems
Q4 2024
After Market Close
Estimate: 0.170
Actual: N/A

Time (ET) / Report / Period

08:30 am - Empire State manufacturing survey - December
09:45 am - S&P flash U.S. services PMI - December