Check out the companies that make headlines in pre-market transactions. Chinopsys, Cadence Design Systems – Silicon Valley Chip Designer stocks have collected over 5% and 6% respectively. According to an announcement from companies in the industry, the US government has lifted restrictions on exporting chip design software to China. DATADOG – After S&P Global was added to the S&P 500 index, cloud monitoring providers surged over 9% since July 9th after adding it to the S&P 500 index before trading. This move forces passive index funds to purchase DataDog shares to reflect the composition of the underlying benchmark index. TripAdvisor – The online travel review company has won 7%, following a Wall Street Journal report that activist investor Starboard acquired a 9% stake. Robinhood – Online brokerages fell nearly 2%, returning a portion of the 6% rally on Wednesday. Robinhood is considered a major candidate to replace the S&P 500 Juniper Network, and Private Held Openai is opposed to the recent announcement of tokenized stocks in artificial intelligence startups. Crypto Stocks – Ether (ETH) Equity Treasury ambitions expanded day two amid a surge in stable and renewed interest in stock tokenization. Bit Digital Rose 6%, Betting Platform Sharplink Gaming jumped 9%. Bitmine Immersion Technologies has been largely unchanged, but has skyrocketed by over 1,000% since it announced its own ETH financial plan on Monday. Kratos Defense and Security Solutions – Drone Maker added 1.5% after RBC Capital Markets repeated its excellent investment opinions. The company raised its 12-month price target at Kratos, believing that the small cap defense technology division would continue to outperform until it grew in 2026 defence spending and “valuation mismatch.” Kratos stocks come out from the AA Fresh 52-week high earlier this week. – Reported by CNBC’s Tanaya Macheel, Pia Singh, Jesse Pound, Dylan Butts and Michelle Fox
