Editor's Note: the "Trending USA Stocks" column tracks the day's top bullish stocks in the USA market, aiding investors in promptly identifying opportunities for potential gains.

29/05/2024 Eastern Time in USA, the Dow Jones Industrial Average(DJI.US) dropped by 1.06%, closing at 38441.54 points; the NASDAQ(IXIC.US) dropped by 0.58%, closing at 16920.58 points; the S&P 500 index(SPX.US) dropped by 0.74%, closing at 5266.95 points. 

Sahm has compiled the Top 10 Daily Stock Price Gainers in the USA market.

1、AST SPACEMOBILE INC: Overnight gain 69.2%, Stock Rises on Verizon Partnership and Global Expansion Despite Earnings Miss

AST SpaceMobile, Inc. (hereafter referred to as "AST"), an innovative satellite design and manufacturing firm established on May 28, 2019, in Delaware, is forging a partnership with global allies to construct the first and only space-based cellular broadband network accessible directly through standard smartphones. The company's SpaceMobile service is designed to deploy a low-Earth orbit satellite network to provide direct mobile broadband access globally, compatible with existing 2G, 3G, 4G LTE, 5G, and IoT devices without the need for specialized modifications to consumer handsets.

AST SPACEMOBILE INC(ASTS.US) has seen its share price ascend, bolstered by a myriad of growth catalysts. The strategic partnership forged with Verizon has infused optimism into its business outlook, encompassing significant funding commitments that include commercial prepayments and performance-based investments. This collaboration with Verizon positions AST SpaceMobile to deliver broadband services directly to smartphones, not only broadening its operational scope but also marking a transformative stride in the highly lucrative U.S. wireless market. 

Moreover, AST SpaceMobile has secured partnerships with over 45 mobile operators worldwide, reaching an audience of over 2.8 billion users, further solidifying its influence and expansion potential in the global communications arena. While first-quarter sales fell short of expectations, the company's per-share loss outperformed market forecasts, signaling improvements in cost control and profitability. Taking these factors into account, the market sentiment towards AST SpaceMobile's future trajectory is optimistic, which has contributed to the uptick in its stock price.

2、Chewy: Overnight gain 27.1%, Stock Rises as Earnings Beat, Analyst Upgrades, and Buyback Plan Signal Confidence and Growth Potential

Chewy, Inc., a leading e-commerce platform specializing in pet products in the United States, has been conducting business under the name Chewy.com since its inception in 2011. The company was formally registered as a limited liability company in the state of Delaware in October 2013 and underwent a corporate transformation on March 16, 2016, when it reincorporated in Delaware and was rebranded as Chewy, Inc.Dedicated to revolutionizing the pet retail space through its digital-first approach, Chewy offers a comprehensive range of pet supplies, ensuring an expansive product selection and convenience around the clock. Leveraging the power of e-commerce, Chewy aims to extend the high-quality shopping experience traditionally found in brick-and-mortar pet stores to the digital realm.The company boasts partnerships with over 3,500 leading brands and has also developed its own private labels. Through its website and mobile application, Chewy provides customers access to a selection exceeding 100,000 products, featuring promotional deals, a satisfying shopping experience, and unparalleled customer service. Chewy's commitment to pet owners is reflected in its strategic efforts to offer value, convenience, and a personalized touch in the growing online pet care market.

In a notable development for investors, Chewy(CHWY.US), a leading e-commerce company in the U.S. pet supplies sector, has recently seen a significant uptick in its stock price. The rise in valuation can be attributed to multiple factors that warrant investor attention.To begin with, the firm's first-quarter earnings report painted a rosy picture, with both revenue and earnings per share (EPS) surpassing market expectations. Revenue reached $2.78 billion, while EPS climbed to a robust $0.31, signaling enhancements in operational efficiency and profitability for the company.

Moreover, the analyst community has cast Chewy in a positive light, with influential financial institutions such as JP Morgan and Goldman Sachs providing favorable ratings. Such endorsements have bolstered market confidence in Chewy's prospective growth trajectory.In a strategic move that typically reflects management's confidence in the intrinsic value of the company, Chewy announced a stock repurchase program, an initiative that often serves to buoy share prices.

On the operational front, Chewy has forged partnerships with numerous brands and developed its own private labels, offering an extensive product range and a premium customer experience. These efforts have solidified its competitive edge in the market.Finally, the overall growth in the pet industry shines a spotlight on Chewy as a key player, bringing its profit and expansion potential into sharper focus. The aggregation of these factors lays a solid foundation for the appreciation seen in Chewy's stock price, presenting a compelling case for the company's financial health and future prospects.

3、NANO Nuclear Energy: Overnight gain 25.9%, IPO Success Signifies Confidence in Nuclear Tech Innovation and Growth Potential

In a noteworthy development, NANO Nuclear Energy(NNE.US) (hereinafter referred to as "NANO Nuclear" [NNE]) has recently completed a highly anticipated initial public offering (IPO), achieving an oversubscription that underscores the robust market demand for its shares and confidence in the company's future trajectory. As an American innovator specializing in the design and development of portable nuclear micro-reactors, NANO Nuclear has captured the attention of numerous investors with its distinctive positioning within the capital markets. 

The company plans to allocate the net proceeds from the IPO towards advancing the research and development of its proprietary micro-reactors, "ZEUS" and "ODIN," and the progression of its exclusive patent for the commercial transport license of HALEU fuel, indicating a clear growth strategy and potential for sustained expansion.

Moreover, the recent strong performance of NANO Nuclear's stock on the Nasdaq Capital Market reflects the market's recognition of the company's innovative technology and its potential leadership in the industry. Collectively, these factors are likely the primary drivers propelling an uptick in NANO Nuclear's share price.

The Top 10 Daily Gainers in the USA market are listed as follows:

Editor's note: This content was generated by Sahm's in-house AI-enabled SaaS tool and was reviewed by our editing team.