Lung Cancer Diagnostics Company's Shares Pop 180%

A conservative media network is surging in its public debut, a major fashion house is rallying after posting record margins, and a diagnostics firm is soaring 180% after FDA progress for its early lung cancer test. Here’s what you need to know.

Clean Energy Metals (Sponsored)

On Behalf of Azincourt Energy Corp

America’s Uranium Crisis = A Massive Opportunity

Ninety percent of America’s uranium is imported. With the US scrambling to rebuild domestic supply, Canadian uranium companies are in prime position.

One small-cap stock could be set to benefit.

*Examples that we provide of share price increases pertaining to a particular Issuer from one referenced date to another represent an arbitrarily chosen time period and are no indication whatsoever of future stock prices for that Issuer and are of no predictive value. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT stock recommendations or constitute an offer or sale of the referenced securities.

Futures 📈

What to Watch

Earnings:

• Sportsman’s Warehouse Holdings, Inc. [SPWH]: Aftermarket

• nCino, Inc. [NCNO]: Aftermarket

Economic Reports:

• Richmond Fed President Thomas Barkin will speak at 9:00 a.m.

• S&P Final U.S. Manufacturing PMI [March]: 9:45 a.m.

• Construction Spending [Feb]: 10:00 a.m.

• ISM Manufacturing [March]: 10:00 a.m.

• Job Openings [Feb]: 10:00 a.m.

Resource Sector Watch (Sponsored)

On Behalf of Azincourt Energy Corp

UEC Soared 2,500 Percent—Could This Uranium Junior Be Next?

Five years ago, UEC was a tiny uranium stock. Now, it’s a $3.11 billion powerhouse.

This small uranium junior is sitting on prime assets and could be next.

*Examples that we provide of share price increases pertaining to a particular Issuer from one referenced date to another represent an arbitrarily chosen time period and are no indication whatsoever of future stock prices for that Issuer and are of no predictive value. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT stock recommendations or constitute an offer or sale of the referenced securities.

Clothing

PVH Exceeds Expectations, Commits $500M to Share Repurchase Program as Shares Surge

Apparel giant PVH Corp (NYSE:PVH), the parent company of Calvin Klein and Tommy Hilfiger, reported fourth-quarter revenue of $2.372 billion yesterday, beating internal projections despite a 5% year-over-year decline.

The company also delivered a non-GAAP earnings per share of $3.27, topping guidance estimates of $3.05 to $3.20.

While annual revenue slipped 6% to $8.65 billion, PVH recorded its highest-ever gross margins and a double-digit EBIT margin on a non-GAAP basis.

The company attributed its profitability gains to strong performance in the North American market and recovering wholesale demand in Europe.

Shares of PVH corp are up 16% in premarket trade.

Sales at Tommy Hilfiger dipped 5% and Calvin Klein fell 2% during the quarter, but PVH is optimistic about the year ahead.

For fiscal 2025, the company expects revenue to remain flat or see a slight uptick, with full-year non-GAAP EPS projected between $12.40 and $12.75.

After repurchasing $500 million worth of stock in 2024, PVH has unveiled plans for an additional $500 million accelerated buyback this year.

The move signals confidence in its financial position and future growth trajectory.

PVH’s leadership says it is focused on maintaining its profitability momentum while continuing to streamline operations and invest in core brands globally.

Media

Newsmax Shares Explode in NYSE Debut, Valuation Nears $8 Billion

Newsmax (NYSE: NMAX) is off to a stunning start on Wall Street.

In its Monday debut on the New York Stock Exchange, the conservative news network saw its stock surge more than 720%, lifting its market valuation to nearly $8 billion.

Shares began trading at $14 and soared all through the day, closing at $83.51—an eye-popping jump of $73.51 from the IPO price of $10.

Today, its golden run continues as the stock is up a further 16% in premarket trading.

The company had raised $75 million in its public offering last Friday and an additional $225 million earlier in March through a preferred share sale to qualified investors.

Headquartered in Florida, Newsmax has rapidly gained traction with audiences seeking right-leaning commentary and news coverage.

The company said it generated $80 million in revenue during the first half of 2024, with over 60% of that total coming from advertising.

For the full year 2023, it reported $135 million in sales—marking a sharp increase from the previous year.

The overwhelming investor interest reflects growing appetite for smaller, niche media players with dedicated followings.

As traditional cable struggles to retain viewers amid a shift toward digital platforms, Newsmax’s early performance is being closely watched by others in the media space.

Uranium Market (Sponsored)

On Behalf of Azincourt Energy Corp

A Tiny Uranium Stock Positioned for a Big Breakout

A junior miner with high-grade uranium assets in Canada’s Athabasca Basin and Central Mineral Belt is making moves.

Plans are in motion, and the uranium market is heating up.

Could this be the next UEC?

*Examples that we provide of share price increases pertaining to a particular Issuer from one referenced date to another represent an arbitrarily chosen time period and are no indication whatsoever of future stock prices for that Issuer and are of no predictive value. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT stock recommendations or constitute an offer or sale of the referenced securities.

Technology

Progress Software Stock Climbs 7% on Strong Q1 Results and Outlook

Progress Software (NASDAQ: PRGS) delivered stronger-than-expected results for the first quarter of fiscal year 2025, causing a 7.9% surge in its stock during premarket trading.

The company reported earnings per share of $1.31, outperforming the $1.06 consensus estimate by over 23%.

Revenue reached $238 million, slightly ahead of expectations.

The quarter highlighted significant momentum in the company’s recurring revenue, which climbed 48% year-over-year to $836 million.

SaaS-related revenue now makes up nearly 30% of total earnings, marking a shift in strategy as Progress doubles down on cloud-based and AI-powered solutions.

The successful integration of ShareFile contributed meaningfully to this shift.

Operating margin stood at 39% and the net retention rate remained above 100%, reflecting strong customer engagement.

CEO Yogesh Gupta emphasized a long-standing AI-first approach and underscored the company's measured acquisition strategy, stating they pursue well-established firms over speculative ventures.

Looking ahead, the company has projected full-year revenue between $958 million and $970 million, with EPS in the range of $5.25 to $5.37.

Progress also reaffirmed its intention to reduce debt and selectively pursue M&A opportunities in the SaaS space.

Despite macroeconomic uncertainties, executives said the company has experienced minimal international disruptions, maintaining a positive outlook for 2025.

bioAffinity Technologies, Inc. [BIAF] - Last Close: $0.26

bioAffinity Technologies, Inc., is a diagnostics company focused on early lung cancer detection through its CyPath® Lung test.

Shares are rising 180% in premarket trading today after the company submitted a pivotal trial protocol to the FDA for a large-scale study of CyPath® Lung, signaling regulatory momentum and potential commercialization.

Cloudastructure, Inc. [CSAI] - Last Close: $4.44

Cloudastructure is a cloud-based AI video surveillance platform.

Shares are popping in early trading after the company reported strong topline growth, reduced operating expenses, and high-profile client wins—including a deployment with a $1 billion real estate firm.

Microvast Holdings, Inc. [MVST] - Last Close: $1.17

Microvast Holdings is a battery tech innovator powering EVs and energy storage systems.

Its shares are surging in premarket trading following the release of Microvast’s 10-K report, which impressed investors with strong sales growth, a 125% increase in energy storage units sold, and aggressive R&D focus on next-gen solid-state and LFP battery technology.

Investor Risk Signals (Sponsored)

Stocks to Crash on March 16, 2026? Here's Compelling Reason Why

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Everything Else

• Trump team considers a new import tax with potential refunds for Americans.

• SoftBank and Microsoft back OpenAI in a record-breaking investment round.

• 737 MAX output slows as Boeing works through assembly issues.

• GM and LG Energy Solution restructure their joint venture with a major asset sale.

• Open Lending faces a sharp revenue decline as financial troubles increase.

• Microvast sets ambitious growth targets as losses mount and expansion continues.

• Celcuity’s stock drops after a larger-than-expected quarterly loss.

• AI security firm Gorilla Technology beats expectations with strong earnings.

• Biopharma firm Omeros beats earnings estimates despite reporting no revenue.

That’s all for today. Thank you for reading. If you have any feedback, please reply to this email.

Best Regards,

— Adam Garcia
Elite Trade Club

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