Tiny Material Solutions Stock Surging 200%

November 29, 2024 | [Read Online]( Tiny Material Solutions Stock Surging 200% [share on facebook] [share on twitter] [share on threads] [share on linkedin] Good morning. It's Black Friday, and today we'll look at why semiconductor stocks are gaining in premarket trade, who is suing Meta, and a tiny material solutions stock that has nearly tripled itself before the opening bell. Previous Close 📈 U.S. stocks slipped on Wednesday in pre-Thanksgiving trading as investors took profits after a strong November rally. All three major indices fell, reversing earlier gains. Futures U.S. stock futures are edging higher early this morning as Wall Street resumes trading following the Thanksgiving holiday. Dow Jones Industrial Average futures are up by 0.3%, S&P 500 futures by 0.3%, and Nasdaq-100 futures by 0.4%. Stock Grader [This Could Be the Tool That Transforms Your Portfolio]( Louis Navellier, a trusted name in growth investing, has helped countless investors spot winning stocks. Now, he’s offering access to his [powerful Stock Grader tool, used to evaluate over 6,000 stocks with clear A-to-F grades.]( Navigating the stock market can be overwhelming. How do you know which stocks will deliver and which to avoid? Without the right insights, even seasoned investors can miss out on major opportunities. For a limited time, [you can use the Stock Grader to grade three stocks for free]( and see why Navellier’s clients have paid up to $30,000 for these insights. [Click here to unlock the Stock Grader and start investing smarter today.]( What to Watch MINISO Group Holding Limited (NYSE: MNSO), Meituan (OTCMKTS: MPNGF), and Nordic American Tankers (NYSE: NAT) will report their quarterly earnings in today’s shortened session. There are no significant economic data releases today. Semiconductors Chip Supplier Stocks Surge Amid Eased US-China Restrictions Shares of major global semiconductor equipment companies are climbing today following reports that the U.S. is contemplating less stringent measures in its ongoing restrictions on China's chip industry. NVIDIA is up 1.15%, while Intel is rising by 0.55% in premarket trade. The surge comes on the back of a report suggesting Washington's upcoming rules could moderate earlier proposals to limit the sale of semiconductor equipment and AI memory chips to China. Analysts believe that fewer Chinese firms, including ChangXin Memory Technologies, may be added to the export blacklist. ChangXin is seen as a potential competitor to global giants like SK Hynix and Samsung, making its exclusion a notable shift. ASML, a key player in the chip supply chain, could also face a less severe impact based on the new proposal. ASML’s advanced lithography machines are essential for chip production but are already restricted from being sold to China. The proposed measures are expected to target Chinese semiconductor equipment manufacturers rather than the factories producing chips, a move viewed as favorable for ASML and other foreign suppliers like Tokyo Electron. Technology Spanish Media Giants Sue Meta Over Data and Ad Practices Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, is set to face a trial in Madrid in October 2025 following a €551 million ($582 million) lawsuit brought by 87 Spanish media companies. The complaint, filed by the AMI media association, accuses Meta of unfair competition in advertising and alleges misuse of personal data. The court hearings are scheduled for October 1 and 2, according to a statement from Madrid's 15th commercial court. The lawsuit claims that between 2018 and 2023, Meta’s extensive use of user data allowed it to gain an unfair advantage in offering personalized advertising, violating EU data protection rules. Prominent publishers like Prisa, owner of El Pais, and Vocento, publisher of ABC Newspaper, are among the complainants. The case reflects growing global tensions between traditional media outlets and tech giants over advertising revenue and content sharing rights. Meta has not yet responded to the allegations. This lawsuit follows a similar €160 million claim filed last month by Spanish TV and radio broadcasters associations UTECA and AERC on comparable grounds. Such legal challenges highlight broader media efforts to address revenue imbalances with tech platforms. However, similar battles in Canada and Australia led Meta to block news sharing in those regions, complicating relations with legacy media. Meta has since reduced the visibility of news and political content in user feeds globally. Retail Global Expansion Fuels MINISO’s 2024 Success Source: [N509FZ](, [CC BY-SA 4.0](, via Wikimedia Commons MINISO Group released its third-quarter financial results for 2024, reporting a robust 19.3% increase in revenue, reaching 4.52 billion RMB. Gross profit margin hit a record 44.9%, a notable improvement of 3.1 percentage points from the previous year. U.S.-listed shares of the firm rose +6.26% on Wednesday but are currently down by -2.65% in premarket trade. For the first nine months of 2024, MINISO generated 12.28 billion RMB in total revenue, marking a 22.8% increase compared to the same period last year. A significant portion of this growth came from international markets, with the overseas segment contributing over 4.5 billion RMB—an impressive 41% rise year-over-year. The adjusted net profit reached 1.93 billion RMB, with an adjusted net profit margin of 15.7%. The company has also aggressively expanded its global footprint, adding 859 stores in 2024, bringing the total to 7,420 locations worldwide. The international operations and TOPTOY division both exceeded their previous year’s performance in net store additions. This strong quarterly performance underscores MINISO's ongoing success in executing its long-term growth strategy, driven by global expansion and improved profitability metrics. Stocks Set for Explosive Gains [Uncover the Next Wave of Small-Cap Breakouts]( The most impressive gains in the stock market often come from [overlooked, small-cap stocks that many investors miss until it’s too late.]( Just look at Candel Therapeutics, which soared from $0.66 to $14.30, delivering a staggering 2,066% return. Early backers of AST SpaceMobile saw their investment leap from $1.97 to $39.08—a remarkable 1,883% gain. [These kinds of breakout moves are rare](, but they happen when you know where to look. The key is finding these stocks before they gain mainstream attention. (By clicking the link above, you’ll receive free access to the report and a complimentary subscription to Fierce Investor’s daily newsletter. You also agree to the advertiser's [privacy policy](. Unsubscribe at any time.) [A brand-new report uncovers small-cap stocks with immense growth potential](, positioning investors to capture these opportunities right from the start. The insights in this report highlight stocks that are primed for significant growth and are still flying under the radar. [Access the free report here and see which stocks are ready to make a move.]( (By clicking the link above, you’ll receive free access to the report and a complimentary subscription to Fierce Investor’s daily newsletter. You also agree to the advertiser's [privacy policy](. Unsubscribe at any time.) Movers and Shakers Bolt Projects Holdings [BSLK] - Last Close: $0.30 Bolt Projects Holdings Inc. is surging by more than 200% in premarket trade. The material solutions firm has entered into a Securities Purchase Agreement to sell 1,058,826 shares of its common stock at $0.34 per share, totaling approximately $360,000. The purchasers include key company executives and board members, such as CEO Dan Widmaier and CTO David Breslauer. The transaction is expected to close on December 2, 2024. This internal investment is likely the reason why the stock is soaring today. My Take: This is a tiny stock with substantial volatility, so it would be best to hedge your bets before entering here. Enanta Pharmaceuticals [ENTA] - Last Close: $8.83 Enanta Pharmaceuticals' stock is up by 13.5% in premarket trading today, likely due to its recent fiscal fourth-quarter earnings report. The report highlighted positive developments, including favorable Phase 2a trial results for their RSV treatment, EDP-323, and the expansion of their immunology portfolio with new programs targeting STAT6 and KIT inhibitors. Financially, Enanta reported a net loss of $1.36 per share, slightly better than analysts' expectations of a $1.41 loss per share. However, revenue decreased to $14.6 million from $18.9 million in the same quarter the previous year, primarily due to declining sales of AbbVie's hepatitis C drug, MAVYRET®. My Take: Despite the positive earnings, revenue has decreased to $14.6 million from $18.9 million in the same quarter last year. That could be a significant cause for concern. Keep this stock on your wait and watch list for now. Mediaco Holding [MDIA] - Last Close: $1.34 MediaCo Holding Inc. (MDIA) recently announced the full repayment of a $7.3 million convertible promissory note held by Emmis Communications Corporation. This repayment strengthens MediaCo's financial position by reducing its debt obligations. The improved position is leading to investor optimism, which is causing the stock to rise by 12% in premarket trade. My Take: The stock is up 127.12% YTD, and given the recent debt repayment, its in a strong financial position. Keep this stock on your radar for future growth. Billion Dollar Industry [This Could Be the Future of the Music Industry]( Goldman Sachs projects [the global music market will surpass $160 billion by 2030,](but a deeper transformation is already underway. [The next major economic wave in music](will be driven by direct-to-consumer engagement and monetization, redefining how artists connect with their fans. Much like Amazon and Shopify revolutionized eCommerce by cutting out traditional retailers, [a new platform]( is empowering artists to bypass middlemen like streaming services, social media platforms, and ticketing agencies. [This innovative infrastructure]( enables artists to fully monetize their audience, strengthen relationships with top fans, and build a loyal base of superfans—proven to spend up to 80% more than the average listener. With 15 granted patents and cutting-edge technology, this company is poised to lead the way in powering this direct-to-fan revolution. For investors, [this represents a rare opportunity]( to join an industry poised for massive growth and transformation. [Discover more about this game-changing opportunity and how to become an investor today.]( Everything Else - [Grupo Bimbo]( accused Maple Leaf Foods of fraud, seeking $1.4 billion in damages over the Canada Bread acquisition. - Wall Street [macro traders]( face the worst revenue slump since the pandemic amid a year marred by tighter competition and election uncertainty. - [K-pop giant Hybe]( was rocked by NewJeans’ departure amid allegations of mistreatment and disputes. - Wage cuts and plant closures spark [strike warnings at Volkswagen's]( domestic operations. - The manufacturing slump drags [India's economic growth]( to near its 2-year low in Q2. - [Brazil and Mexico]( lead expected LatAm earnings rebound, but Colombia lags behind. 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 [Click here]( to get our daily newsletter straight to your cell for free. P.S. 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