Upexi stock jumped over 7% in premarket trading. Upexi, Inc. is a digital asset treasury company focused on acquiring and holding Solana cryptocurrency, while also owning consumer brands. In its fiscal first quarter of 2026, Upexi reported record digital asset revenue, highlighting a significant financial turnaround.
The company achieved a total revenue of $9.2 million, with digital asset revenue contributing $6.1 million. Gross profit soared by 183% year-over-year, reaching $8.3 million, while net income skyrocketed to $66.7 million from a net loss in the previous year, largely due to unrealized gains on Solana holdings.
Sony’s U.S.-listed shares gained 3% in premarket trading. Sony Group plans to start selling a new, cheaper PlayStation 5 model for the Japanese market in time for the holiday shopping season.
Sony Interactive Entertainment, the company's videogame unit, said Wednesday in a blog post that it would begin selling the new disc-free PlayStation 5 model on Nov. 21 for a recommended retail price of 55,000 yen, equivalent to around $357, and will start taking orders Thursday.
Nuclear stocks jumped in premarket trading. Nuscale Power, Oklo, NANO Nuclear Energy jumped over 2%; Vistra Energy up 1%.
Oklo reported a loss of 20 cents a share for the latest quarter after the closing bell on Tuesday, compared with the loss of 13 cents a share that analysts surveyed by FactSet had expected and deeper than the loss of 8 cents a share in the year-ago third quarter.
Oklo did not report revenue, but its net loss of $29.7 million was greater than the net loss of $18.2 million analysts expected.
Shares of Tencent Music Entertainment Group jumped over 4% in pre-market trading, following the release of its impressive third-quarter financial results. The Chinese music streaming giant reported substantial growth across key metrics, surpassing market expectations and boosting investor confidence.
According to the earnings report, Tencent Music's total revenues for Q3 2025 reached RMB8.5 billion (US$1.2 billion), marking a significant 20.6% increase year-over-year. The company's online music services segment performed exceptionally well, with revenues climbing 27.2% to RMB7.0 billion (US$979 million).