Check out the companies that make headlines in pre-market transactions. USA Rare Earth – Rare Earth Miner jumped 8.8% after CEO Barbara Humpton told CNBC he was in “close communication” with the White House. GameStop – MEME stock fell 2.7% after the company said in its filing that it was selling combination assets ranging from common stock to liabilities at a private amount. Applied Materials – The stock slipped 2.2% after regulatory filling allowed new US export restrictions to undermine revenue. Applied Materials said the restrictions reduced its fourth quarter revenue by about $110 million, with revenues of about $600 million in 2026. Uranium Energy – Uranium Minor fell 2% after planning a secondary faring of 15.5 million shares. Goldman Sachs is the only underwriter. Entergy – Utility rose 2% after announcing plans to provide plans to provide power to around $4 billion in Arkansas to plan Google’s planned technology investment. As part of the investment, Google will develop a new data center in West Memphis, Arkansas. Zillow – Gordon Haskett Research Advisors upgraded Zillow to buy from Hold and sent over 1% of its real estate platform. Wall Street researchers said recent sales have gone too far and created attractive purchase opportunities. Zillow has dropped 17% over the past two weeks due to concerns about competitive breaches and legal issues. Red Cat Holdings – Drone Stock added 4% after Needham began research compensation at the time of purchase. The company said the unmanned aviation systems industry has entered the supercycle, and Red Cat is in a position to grasp the rise in demand. Freeport-McMoran – Copper and Gold Miners earned over 1% after UBS upgraded Freeport and purchased from Neutral. Force Majeure is a legal declaration that allows businesses to temporarily suspend contractual supply obligations. “We believe risk and reward are attractive because we believe the market is priced with the overly pessimistic outcome of Grasberg Recover,” writes UBS analyst Daniel Major. – CNBC’s Yun Li, Fred Imbert and Sarah Min contributed reporting
