#ThinkSabio US Market Morning Brief

Pre-Market Gainers:

$SQNS +163%: Qualcomm and Sequans agree on the sale of 4G IoT technology.
$MNTS +98%: Momentus eligible for NASA contracts under the new ID/IQ award.
$PRTG +74%: Portage Biotech reports fiscal year-end results and business update.

Pre-Market Decliners:

$UBXG -88%
$BENF -14%: 4th Annual Palm Beach CorpGov Forum with Goldman Sachs set for Nov 13-14.
$RRGB -14%: Red Robin reports Q2 loss but beats revenue estimates.

Pre-Market Penny Gainers:

$ELAB +39%: Elevai Labs subsidiary announces positive research data on exosome technology for skin health.
$CTNT +20%: Cheetah Net Supply Chain Service releases Q2 2024 results and corporate update.

Headlines:

$AMZN: Report suggests China-based entities eyed Amazon's cloud services to access US AI tech.
$GOOG: Google faces backlash over $250M deal with California newsrooms.
$QCOM: Qualcomm to acquire Sequans' 4G IoT tech, causing the French company's stock to soar.
$NVDA: Wedbush says Nvidia's upcoming Q2 results on August 28 are the "most important in years."

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