Presented by Miso Robotics: SoftBank CEO Masayoshi Son predicts AI robotics could generate at least 10% of global GDP. Here’s one way to get exposure to this growing trend.

🔥 Good Morning from Top Tickers

This Chinese stock Is Down 39% Pre-Market

The pre-market tape is a study in catalysts that cut clean in both directions. Sale speculation, abandoned merger talks, and a billion-dollar buyback bump are powering the upside, while a single regulatory headline out of Beijing is doing serious damage to an entire cohort of U.S.-listed Chinese names.

Underneath the binary moves, the rotation story is doing real work. A founder is back in the corner office of a major software name, a strategic supply chain story is moving an under-the-radar miner, and one of the hottest chip stocks of the past month is finally cooling off. The setup heading into the open is uneven, but it isn't quiet.

🤝 Sponsored By MisoRobotics

“The Biggest Gold Mine…In History”

That’s what NVIDIA’s CEO said today’s savvy AI investors are making money from. And financial experts say it could send AI and robotics stocks soaring on a "multi-year supertrend."

But 40k+ investors aren’t waiting for Wall Street’s stock exchanges. They're backing a still-private company that NVIDIA hand-picked to help build the future of restaurant kitchen AI and robots: Miso Robotics. 

Miso’s tech is already in use by big-name restaurant brands like White Castle, Jersey Mike’s, Auntie Anne’s Pretzels, Cinnabon, Häagen-Dazs, and more. And now, through a unique collaboration with NVIDIA, Miso’s robots can even perform up to 35% FASTER.

Take just one example: Miso’s Flippy Fry Station AI robot alone can boost a restaurant’s profits 3X. With 100,000+ U.S. fast-food locations in desperate need, Flippy has a $4B/year revenue potential. Imagine how valuable Miso’s full AI ecosystem can be.

Industry powerhouse Ecolab already invested. Now, for a limited time, you can join them as a Miso shareholder and unlock free additional bonus stock. Take advantage as an early-stage Miso shareholder today.

This is a paid advertisement for Miso Robotics’ Regulation A offering. Please read the offering circular at invest.misorobotics.com.

🚀 Pre-Market Movers

The Biggest Gainers, Ranked

IMAX (IMAX): +14%

The premium theater operator is surging on reports that it is exploring a sale and has held preliminary talks with potential buyers. Takeover speculation in the theater business is rare, and a single headline is often enough to move the stock.

Estee Lauder (EL): +10%

Estee Lauder and Puig confirmed they have ended talks about a potential merger, and the cosmetics giant is jumping on the news. Investors clearly prefer Estee Lauder executing its standalone turnaround plan over the uncertainty of a complicated cross-border deal.

Perpetua Resources (PPTA): +8%

The miner secured a $2.9 billion loan from the U.S. Export-Import Bank to fund its Stibnite Gold project in Idaho, which will also produce antimony. Antimony is critical for munitions and semiconductors, which means this isn't just a mining story, it's a strategic supply chain story with Washington's backing.

Workday (WDAY): +8%

The HR and finance software company beat results and raised its full-year margin outlook, with co-founder Aneel Bhusri returning as CEO during the quarter. The combination of stronger margins and a founder back at the helm is exactly the story shareholders wanted after a sluggish stretch.

Zoom Communications (ZM): +8%

The video conferencing company beat on both earnings and revenue and added $1 billion to its buyback authorization.

📉 Pre-Market Movers

The Biggest Losers, Ranked

Futu Holdings (FUTU): -39%

China announced a crackdown on illegal cross-border securities trading, and the Hong Kong-based brokerage took the brunt of it. Beijing's targeting of brokerages accused of moving money to foreign markets is an existential threat to Futu's core business model.

PDD Holdings (PDD): -5%

PDD is selling off in sympathy with the broader China crackdown on cross-border securities flows. When Beijing signals it is going to enforce capital controls more aggressively, every U.S.-listed China name carries headline risk.

Alibaba (BABA): -4%

Same story as PDD: the China cross-border crackdown is dragging U.S.-listed Chinese names lower across the board. For Alibaba, this is another reminder that the political overhang on its U.S. listing never really went away.

Arm Holdings (ARM): -2%

The chip designer is pulling back after a rally over the past four days. Even with this morning's slide, Arm is still pacing for its best week since late April. Classic profit-taking after a parabolic move.

🤝 Sponsored By MisoRobotics

Jeff Bezos’s Massive $100B Bet on Robots

When Amazon’s Jeff Bezos commits a whopping $100B to AI robots, it tells you something: the smart money sees robots as inevitable…and lucrative.

But here's what most people will miss. There's a company that's not waiting for Bezos to build the future. They're already in it.

Miso’s AI and robots are currently becoming fixtures across the $1 trillion fast-food industry. White Castle, Jersey Mike’s, Auntie Anne’s Pretzel’s, and even Häagen-Dazs are using Miso’s tech because Miso has the solutions restaurant operators need to overcome a crippling 144% annual industry labor turnover.

Miso’s Flippy Fry Station AI robot alone has $4B/year U.S. revenue potential. And it’s only one piece of Miso’s platform.  

Unfortunately, Bezos' robot fund is reserved for only institutional giants. But Miso isn't.

Even better, for a limited time, you can become a Miso shareholder and unlock free additional bonus stock. Take advantage as an early-stage Miso shareholder today.

This is a paid advertisement for Miso Robotics’ Regulation A offering. Please read the offering circular at invest.misorobotics.com.

👀 What We’re Watching

Here’s One Ticker That’s Trending Today

Costco Wholesale (COST)

Costco reports fiscal Q3 earnings next Thursday after the close, and retail chatter is building fast. StockTwits message volume on $COST has been classified as "high" for days with sentiment skewing bullish, and Oppenheimer hiked its price target to $1,160 earlier this week ahead of the print.

The setup is unusually loaded. Costco shares are up roughly 23% year-to-date, April sales jumped 13%, and the company just raised its quarterly dividend. Consensus is calling for around $4.98 in EPS on $69.5 billion in revenue, and a stock priced for perfection like this one tends to react sharply in either direction once the print lands.

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