Momentum Names Holding Strong into the Afternoon
DENVER, Colo., Aug 06, 2025 (247marketnews.com)- Market action is consolidating around momentum-connected names, with several small- and mid-cap companies sustaining gains driven by earnings beats, execution progress, and strategic pivots.
Venu (NYSE:VENU) is making the break out move that we predicted and this new 52-week high push past the $14 level opens the door for a run toward Cenorium’s $22.30 target.
CEO J.W. Roth invested $5M of his own capital, with plans to increase it to $20M, into the company’s NNN FireSuites, which offer 11% projected cap rates and no exposure to property taxes, insurance, or maintenance.
This is a REIT-style hybrid with live entertainment upside and short squeeze potential, don’t be surprised if this one lights up after-hours on technical momentum.
Shopify’s (NYSE:SHOP) Q2 results crushed expectations: revenue rose 31% year-over-year to $2.68B, gross profit up 24% to $1.302B, and gross merchandise volume climbed to $87.84B. Despite adjusted net income of $338M missing consensus estimates, strong AI integration and international enterprise traction helped shares jump ~15%. Looking ahead, Shopify forecasts mid-to-high 20s percentage revenue growth in Q3, well above analyst expectations.
Kraig Biocraft Laboratories (OTCQB:KBLB) completed its largest production run of recombinant spider silk, reeling over 250 kg of cocoons using new automation. This technology advances its goal to become the first vertically integrated spider silk producer, with commercial applications across military, medical, and performance textiles.
“We’re already seeing how those adjustments lead to better, more consistent fibers,” said COO Jon Rice.
Safe Green Holdings (NASDAQ:SFEG) is benefiting from renewable energy initiatives and emerging ESG partnerships are drawing attention to this clean-tech micro-cap.
Siyata Mobile (NASDAQ:SYTA) continues to rally around its pending $185M reverse merger with Core Gaming, transitioning into AI-powered entertainment delivery. With ultra-low float and high short interest, the potential for upside is high if regulatory and insider developments materialize, making it a technical standout in small-cap trades.
Interest is building in Ainos (NASDAQ:AINO) as its commerce infrastructure platform gains traction with expanding merchant adoption.
Zeta Global (NYSE:ZETA) shares are holding up thanks to broad enterprise adoption of its AI-enhanced customer data platform and CRM solutions, reversing earlier skepticism with steady execution momentum.
Cryoport (NASDAQ:CYRX) is drawing flows on sustained strength in cell and gene therapy logistics, cementing its leadership in temperature-sensitive biopharma transportation.
Myriad Genetics (NASDAQ:MYGN) is regaining investor confidence following expansion in oncology diagnostic solutions and genetic testing demand.
Grocery Outlet (NASDAQ:GO) continues to trade higher amid investor enthusiasm around its latest store growth revisions and overall resilience in the discount retail segment.
RingCentral (NYSE:RNG) may be primed for post-earnings strength.
Please click here to read Cenorium’s full Venu analyst report on 247marketnews.com.
For additional 247marketnews.com Siyata disclosure https://247marketnews.com/syta-siyata-mobile-update/ or https://247marketnews.com/venu-disclosure/ for additional VENU disclosure, or https://247marketnews.com/kblb-disclosure/ for KBLB disclosure.
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