Electric Aircraft Stock Rallies on American Airlines Deal 📈

Don't miss these red-hot stocks... [Image](www.elitetrade.club) Good Morning! Hey, guys and gals. It's Chris from Elite Trade Club, here to give you the day's premarket trading news. Happy Friday! Today is July 15th. Let's get ready to trade! Markets 📈 Markets opened to substantial losses on Thursday, but the benchmark indexes managed to recapture most of their losses by the closing bell. The S&P 500 lost 0.3% on the day, and the Dow fell 0.5%. The Nasdaq even posted a small fractional gain of less than 0.1% after opening to sharp losses, but the small-cap Russell 2K tumbled 1.1%. Today, futures are edging higher ahead of the week's final trading session. S&P 500 contracts are up 0.3% in early-morning trading. Sponsored [5 Stocks Set to Double]( Zack's has released a new round of picks for its 5 Stocks Set to Double series, and some names on the list may surprise you! Previous editions have scored gains like Tesla +2,115.4%; Ambarella +525.3%; and Zebra +713.5%. These up-and-coming stocks could be the next picks to explode, and you can get them all for free for a limited time. [Click Here to Access Zack's Top-5 Stocks Now]( Premarket Highlights 🔎 - China reported its slowest pace of economic growth in two years as the central government's 'zero-COVID' approach takes its toll on GDP. - Economists expect June's Retail Sales Report to show 0.9% growth as consumers grappled with 9.1% inflation in the month. - Amazon is considering dropping internal brands like Amazon Basic and others to avoid regulatory scrutiny, according to sources close to the matter. What to Watch Today 👀 More Bank Earnings & Retail Sales Wells Fargo and Citigroup will report earnings today. On Thursday, JPMorgan and Morgan Stanley took losses following their quarterly released. We'll see if these bank stocks will have a similar fate in today's session. Retail sales could also be an influence on today's trading session, although it doesn't seem like the market's expectations are very high. International 🌍 Asia Hong Kong's Hang Seng Composite tumbled 2.2% after China's weak economic numbers, and the mainland Shanghai Composite lost 1.6%. India's BSE Sensex managed a 0.7% gain. Europe Germany's DAX is up 1.6% midway through the trading session, and the UK FTSE 100 is showing a 1.0% gain. The Euro Stoxx 600 is up 0.8%. Major Earnings 💰 - UnitedHealth Group [UNH] ... AM - Citigroup [C] ... AM - Wells Fargo & Company [WFC] ... AM - The Progressive [PGR] ... AM - BlackRock [BLK] ... AM - U.S. Bancorp [USB] ... AM - The PNC Financial Services Group [PNC] ... AM - The Bank of New York Mellon [BK] ... AM - State Street [STT] ... AM Economy 🏗 - Retail sales [June] ... 8:30a - Import price index [June] ... 8:30a - Empire state manufacturing index [July] ... 8:30a - Industrial production index [June] ... 9:15a - Capacity utilization [June] ... 9:15a - UMich consumer sentiment index (preliminary) [July] ... 10a - Business inventories [May] ... 10a Running Hot 🔥 Gainers - United Maritime [USEA] >> +105.0% - Envela Corp [XERS] >> +6.6% - Missfresh ADR [MF] >> +8.4% Decliners - Codexis Inc [CFRX] >> (23.4%) - Innovative Industrial Properties [IDRA] >> (20.0%) - 10X Genomics Inc [VS] >> (20.3%) Pinterest [PINS] - Last Close: $17.56 Pinterest is trending on news of a new institutional investor. The social media stock rallied on news that activist investor Elliott Management has set its sights on the company. Elliott has built a stake of more than 9% in Pinterest, making it the company's largest investor. Since acquiring its stake, the company's have been in discussions to address Pinterest's challenges. News of Elliott's entrance sent PINS to a 15.4% gain in today's premarket. Our Take: Pinterest is struggling with a decline in users and other notable challenges, but Elliott could be the one to turn the ship around. This news could be a pivot point for this once-hot tech stock. Vertical Aerospace [EVTL] - Last Close: $2.90 Vertical Aerospace just landed a major purchase order, and shares are rallying on the news. The electric aircraft company announced this morning that it has secured a pre-deliver payment commitment from a major airline, American Airlines. American has agreed to purchase 50 of Vertical Aerospace's VX4 eVTOL aircraft, and the air line also has a conditional order and contract options for another 350 planes. The company didn't share any financial details relating to the transaction in its press release. Vertical's VX4's can fly up to four passengers with zero operating emissions across distances of over 100 miles. EVTL is up 26.2% on news of American Airlines' purchase Vonage Holdings [VG] - Last Close: $19.65 A favorable regulatory decision is lifting shares of Vonage. This morning, Swedish telecom stock Ericsson announced that the Committee on Foreign Investment in the US had approved its $6.2 billion proposal to acquire Vonage. Ericsson first announced its intentions to acquire Vonage back in November, but the deal has been hung up in regulatory review ever since. Under the terms of the agreement, VG shareholders will receive $21 for each share of common stock With approval in hand, Ericsson says it expects to close on the deal as early as next week. VG is up 6.8% on news of the regulatory green light. Our Take: Vonage shares dipped sharply last month, and that would've been the best time to jump in this trade. Now, it's doubtful there is any upside left in this trade. NexImmune Inc [NEXI] - Last Close: $1.47 NexImmune is breaking out on news regulators had approved a new drug candidate. The US Food and Drug Administration has approved the clinical-stage biotech firm's investigational new drug application for its HPV-related cancer treatment, NEXI-003. The FDA okay clears the way for the company to conduct a Phase-1 trial for the drug candidate in patients with HPV-related oropharyngeal cancers. After the company gets some data from the Phase 1 trial and confirms its Phase 2 dosage, NexImmune expects to include other HPV-related disease in NEXI-003 trials. News of the FDA okay is powering NEXI to a 27.2% gain, and it's one of the most actively-traded premarket stocks. Our Take: NEXI was trading right below $5 per share not too long ago. If they can bring this drug to market, there could be some upside ahead for this micro-cap biotech stock. Invite Your Friends to Join Elite Trade Club and [Start Earning Valuable Rewards Now!](elitetrade.club/referral/?email={EMAIL}) [Image](elitetrade.club/referral/?email={EMAIL}) That's it for today! Thanks for reading, and good luck out there! Best Regards, Chris -- Elite Trade Club P.S... Want alerts delivered straight to your cell every morning for free?* Text ELITE to 47121 or [click here]( to sign up now and get our watchlists sent directly to your phone! *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails. 1969 S. ALAFAYA TRAIL Orlando FL 32828 USA [Unsubscribe]( | [Change Subscriber Options](