BigBear.ai stock rose 4.8% in premarket trading. Shares have gained 40% in June , grabbing investor attention amid renewed interest in AI-driven defense and data analytics firms.

BigBear.ai delivers various AI solutions that focus on national security and infrastructure. For example, it provides facial recognition software to many airports to screen passengers for security risks, and it's helping the U.S. Navy construct submarines with its AI-enhanced shipbuilding software.

BigBear.ai's business delivered $34.8 million in the first quarter, a 5% year-over-year increase. It also benefited from the exercise of 2024 warrants to the tune of $64.7 million in gross proceeds.

Drone maker companies rose in premarket trading. Ondas Holdings up 7%; Red Cat, Kratos up over 2%; PALLADYNE AI, SES AI up over 1%.

Big bank stocks gained in premarket trading. A group of large US banks comfortably cleared the Federal Reserve’s annual stress test, setting the stage for lenders to boost buybacks and dividends for shareholders. Goldman Sachs up 2.6%; Bank of America up 1.4%.

Crypto stocks gained in premarket trading. SharpLink Gaming up 4%; Bit Digital up 3%; Riot Platforms, TeraWulf up nearly 2%; CleanSpark, Strategy, Coinbase up around 1%.

Drone maker companies rose in premarket trading. Ondas Holdings up 8%; Unusual machines, Archer Aviation, Red Cat up around 3%.

Circle shares sank 3.6% in premarket trading, erasing earlier gains. JPMorgan initiated Circle with Underweight rating and target price $80. The shares plunged 15.5% on Friday.

The company, which went public earlier this month, is the sole issuer of USDC, one of the most popular stablecoins on the market. After an incredible post-IPO run, the company's stock retreated as investors grew wary of its valuation.

Several analysts predict that Circle could see a reversal in the long term due to potential interest rate reductions and rising competition.