A travel-tech name just made its case with real numbers, a gene-editing name gave investors more confidence, and a furniture stock showed how fast bad vibes can trump okay talking points. We’ll show you which one looks buyable, and which one still needs a hard pass.
Market Signals (Sponsored)
A micro-cap company in the subsea resource space has submitted a formal proposal under a U.S. solicitation focused on securing nickel supply.
The opportunity is notable because selected projects may be eligible for non-dilutive funding, offering a potential path to government-backed support without immediate share issuance.
The company also brings offshore operating experience and a relatively tight public float for its size, factors some investors may view as relevant at this stage.
It is speculative and early, but the bid adds a tangible milestone to the story.
Access the Full Report
*This communication is a paid advertisement published by Capital Gain Media Incorporated and does not constitute a recommendation, offer, or solicitation to buy or sell securities. Capital Gain Media Incorporated has been compensated by Deep Sea Minerals Corp. with four hundred thousand dollars (USD 400,000) plus applicable taxes for an ongoing marketing campaign, which includes the publication of this communication. This compensation constitutes a significant conflict of interest with respect to our impartiality. This communication is for entertainment and informational purposes only. Never invest solely on the basis of our communications. The owner of Capital Gain Media may buy or sell securities of this issuer for its own profit. Resource exploration and development is highly speculative and involves significant inherent risks. There is no guarantee that Deep Sea Minerals Corp will generate a return on investment. All forward-looking statements involve risks and uncertainties. Past performance is not indicative of future results. Investors should conduct their own due diligence and consult a licensed financial advisor before making any investment decisions. For complete risk factors, refer to Deep Sea Minerals Corp.'s continuous disclosure documents available at www.sedarplus.ca.
Futures at a Glance📈
Futures are rolling over again as oil and yields both push higher, which is usually a pretty good way to ruin everyone’s morning mood. The market still wants to believe an Iran deal is coming, but today’s tape looks a lot more skeptical than yesterday’s.
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What to Watch
Earnings (Premarket):
• Commercial Metals Company [CMC]
• Pony AI Inc. [PONY]
• BRP Inc. [DOO]
Earnings (Aftermarket):
• Argan, Inc. [AGX]
Earnings (Time Not Supplied):
• Aegon Ltd. [AEG]
• Terns Pharmaceuticals, Inc. [TERN]
• Transportadora De Gas Sa Ord B [TGS]
• USA Rare Earth, Inc. [USAR]
• Seabridge Gold, Inc. [SA]
• Formula Systems (1985) Ltd. [FORTY]
Economic Reports:
• Initial jobless claims (March 21): 8:30 am
Fed Speakers:
• Federal Reserve governor Lisa Cook speaks: 4:00 pm
• Federal Reserve governor Stephen Miran speaks: 6:30 pm
• Federal Reserve Vice Chair Philip Jefferson speaks: 7:00 pm
• Federal Reserve governor Michael Barr speaks: 7:10 pm
Travel Tech
Navan Finally Found Its Boarding Pass
Navan Inc [NAVN] is jumping because this quarter looked a lot more like a real business and a lot less like a startup trying to expense its own optimism.
Revenue climbed, booking volume rose fast, margins improved, and the company managed to show positive non-GAAP net income. That is the kind of report that makes investors sit up straighter and pretend they were paying attention the whole time.
The appeal here is simple. Business travel is not dead, it is just trying to be less annoying. Navan helps companies manage travel and expenses without making employees cry into a spreadsheet. If growth keeps coming in strong while margins keep inching higher, this starts to look like a real turnaround instead of a one-quarter magic trick.
Still, this stock is bouncing from a pretty beat-up level, not cruising from a position of strength. One good report helps, but it does not erase a rough year or guarantee a smooth ride from here.
My Take For You: Fine for a small starter if it holds the pop after the open.
My Verdict: Better story, better numbers, better mood. Worth a nibble, not a cannonball.
Biotech
Beam Therapeutics Got the Dose and Lost the Guesswork
Beam Therapeutics Inc [BEAM] is getting another look because the latest trial data gave investors something they love in biotech, which is a clearer answer.
The company seems to have found the dose that works best, and that makes the story easier to understand, easier to model, and a lot easier to get excited about without sounding like a science-fiction intern.
That matters because biotech stocks live and die on clarity. When the market stops debating whether the drug works at all and starts debating how big the opportunity could be, the whole tone changes. Beam still has a long road ahead, but now it feels like there is at least a road instead of just a map drawn on a napkin.
Of course, this is still biotech, where one encouraging update can quickly be followed by fresh nerves around safety, timing, or regulators deciding to be dramatic. Better does not mean safe. It just means better.
My Take For You: Small speculative position only if you like the science and can handle the swings.
My Verdict: Promising setup with improving clarity. Interesting, but still keep the position size humble.
Elon Insight (Sponsored)
Elon Musk is quietly planning the largest IPO in stock market history.
By taking SpaceX public, he stands to gain an instant $625 billion in new wealth.
The good news, for you and I, is we can essentially partner with Elon before he cashes out with this record payday.
All you need is $100… plus the ticker I'd like to share with you.
I'm showing you more details in this video — click here to watch it.
Consumer / Office Furniture
MillerKnoll Just Pulled the Chair Out From Under the Bulls
MillerKnoll Inc [MLKN] is getting hit hard in premarket because this quarter landed in the awkward zone where the numbers missed, guidance did not do enough to save the mood, and whatever optimism showed up after the report has now clearly left the building.
Revenue came in a bit light, earnings missed too, and investors seem to have decided the good parts were not good enough to justify much patience.
Yes, there were still some decent points under the hood. Orders improved in a few areas, margins were not a disaster, and the company keeps working on debt and efficiency. But when a stock is down this hard before breakfast, the market is telling you it cares a lot more about the misses and the softer outlook than the tidy talking points.
This is the danger with so-called value names. They can look cheap for a reason, and that reason sometimes shows up all at once. Cheap furniture is fine. Cheap stocks with no momentum can stay on the showroom floor for a while.
My Take For You: Do not rush this. Let the drop settle and see if it can actually find support.
My Verdict: Too early to call it a bargain. For now, this is more watch-list than welcome mat.
Movers and Shakers
Caseys General Stores Inc [CASY]: Premarket Move: -6%
Caseys General Stores is getting a little shaved after a fresh Neutral rating reminded everyone this stock has already had one heck of a pizza-fueled run.
The business still looks solid, the loyalty program still works, and people are apparently still very willing to buy snacks and slices, but near a high like this, even compliments can sound like take some profits.
My Take: This looks more like valuation indigestion than broken fundamentals. Let it cool off and see if buyers come back for seconds before jumping in.
Applied Optoelectronics Inc [AAOI]: Premarket Move: -4%
Applied Optoelectronics is giving back a little after a monster sprint, which is pretty normal when a stock has been acting like it just discovered espresso.
The OFC showcase and those AI-related orders got traders excited, but this thing has been moving so fast that even good news can end up followed by a quick catch-your-breath dip.
My Take: Momentum is still the story, but do not chase it after a run like this. If it steadies and stops wobbling, a small speculative bite is fine. If not, let someone else be the stunt double.
NextDecade Corp [NEXT]: Premarket Move: +7%
NextDecade Corp is popping after a director bought shares in the open market, which is one of the cleaner ways to say I like this price enough to use my own money.
Insider buying does not guarantee a party, but it does tend to get attention, especially in a name that already sits in the LNG conversation.
My Take: This is interesting if it can hold the early pop. Small size makes sense, but do not treat one insider buy like it is a golden ticket.
Oil Market Momentum (Sponsored)
Rising geopolitical tensions have pushed oil sharply higher and renewed interest in energy equities.
For investors, the key question is not just where crude goes next, but which companies could be best positioned if prices stay firm.
Zacks’ latest report reviews three oil stocks that may deserve attention in this environment.
Access the report.
*The results listed above are not (or may not be) representative of the performance of all selections made by Zacks Investment Research's newsletter editors and may represent the partial close of a position. Access grants you a comprehensive list of all open and closed trades.
*This free resource is being sent by Zacks.com. We look for investment resources and inform you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms of Service".
Everything Else
The US Postal Service is tacking on a fuel surcharge to some package deliveries as the oil shock keeps spilling into everyday costs.
Trump and Xi may be heading toward a Beijing summit, which means the U.S.-China chess match could soon get a very public new round.
Meta is cutting more jobs, including in Reality Labs, because apparently the cost-cutting tour is not over yet.
A jury found Meta and Google liable in a social media addiction case, which is a very expensive kind of legal warning shot.
Uber, Pony.ai, and Verne are teaming up to launch Europe’s first robotaxi service in Croatia.
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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