US PREMARKET ACTIONS: August 11, 2025
**Futures Indices**
- Dow Futures: +0.3%
- S&P 500 Futures: 0.19%
- Nasdaq 100 Futures: -0.11%
- US 10-Year Yield: 4.26% (-2 bps)
**Market Environment**
US indices are moving without clear direction this Monday as investors prepare for a week full of key indicators, highlighted by the CPI report expected tomorrow before the market opens.
Deutsche Bank anticipates a slowdown in inflation due to a 2.4% drop in gasoline prices, forecasting +0.24% month-over-month compared to +0.29% previously.
On Friday, the Nasdaq Composite set another record despite uncertainties related to tariffs announced by Donald Trump.
On the geopolitical front, Trump will meet Vladimir Putin on August 15 in Alaska, raising hopes for a truce in Ukraine.
**Stocks to Watch**
**Sigma Lithium (SGML) +14%**: Strong rise after the suspension of a major Chinese mine by CATL, stoking expectations of a lithium shortage.
**Albemarle (ALB) +12%**: Benefits from the same catalyst, with lithium carbonate prices soaring on the Guangzhou Futures Exchange (+8%).
**Piedmont Lithium (PLL) +11%**: Sharp rebound following the overall rise in the lithium sector.
Canopy Growth (CGC) + (and other LPs: TLRY, CRON, ACB, SNDL, OGI): Premarket rally after WSJ reports Trump may consider reclassifying cannabis to a less restrictive category.
GrowGeneration (GRWG) +: Also benefits from the bullish momentum on cannabis-related stocks.
**AMC Entertainment (AMC) +7%**: Strong gain after a recovering Q2, admissions up 61% and attendance +50% QoQ.
**monday.com (MNDY) -20%**: Drop despite Q2 results above expectations as investors worry about a future slowdown.
**C3.ai (AI) -26%**: Plunges after a DA Davidson downgrade to Underperform and Q1 forecasts well below expectations.
**DigitalOcean (DOCN) -8.47%**: Falls after announcing a private offering of $500M in senior convertible notes.
**Aspen Aerogels (ASPN) -5%**: Drops after Barclays moved from Equal Weight to Underweight, citing a slowdown in GM's electric vehicle production.
**AMD -3%** and **Nvidia -2%**: Selling pressure after agreeing to remit 15% of China AI chip sales to the US government in exchange for export licenses.
**Rating Changes**
C3.ai (AI) → Downgraded by DA Davidson to Underperform, price target $13, or -41% potential, after Q1 guidance well below consensus and a reorganization judged as too late.
Aspen Aerogels (ASPN) → Downgraded to Underweight at Barclays, price target $6 (-21%), due to expected slowdown in the thermal segment related to GM's EVs.
Have a great session everyone!
Sylvain Mouilhaud: Stock Coach