Why Confluent Shares Are Trading Higher By Around 20%; Here Are 20 Stocks Moving Premarket - Acurx Pharmaceuticals (NASDAQ:ACXP), AlphaTON Capital (NASDAQ:ATON)

Biotech gainers were led by 4D Molecular Therapeutics (FDMT), up over 12%, after Phase 3 enrollment progress for 4D-150 in wet AMD and other pipeline updates, plus a $200M credit facility. OmniAb (OABI) rose over 11% on an Eli Lilly collaboration and higher 2026 cash guidance. Acurx (ACXP) gained over 14% after FDA conditional acceptance of CIFBEZY as ibezapolstat’s brand name.

Acurx Pharmaceuticals (NASDAQ: ACXP) reported Q2 2026 results for the quarter ended June 30, 2026. It raised about $2.5M via a registered direct offering at $3.03/share and $0.8M under an equity line. Cash rose to $10.7M. R&D was $1.1M, G&A $1.2M, and net loss was $2.3M ($0.53/share).

Google will invest $399 million in a 702 MW fuel cell project near Cheyenne, Wyoming, under a 20-year power purchase agreement with AEP. AEP plans to invest $4 billion, with construction starting in 2026 and operation expected by 2028. Google's data center will be served by a total resource mix of 2.7 GW, including reserve margins, with Black Hills Corp. managing the output. Google bears all costs, and the agreements run through 2048.

Mizuho upgraded Albemarle (ALB) to Outperform, citing growing demand for lithium in battery energy storage systems (BESS). The firm raised its 2027 lithium demand estimate by 10% and increased ALB's price target to $130. Albemarle's Q2 earnings showed strong growth in Energy Storage sales and EBITDA, driven by higher lithium prices. The company's outlook highlights the impact of lithium pricing on its financial performance.

Microsoft canceled a data center lease with UK cloud company Nscale due to power grid delays, impacting a planned 50 MW AI supercomputer. Nscale, preparing for a U.S. IPO, faces challenges securing new tenants and meeting expansion targets. The UK's power grid constraints are hindering AI infrastructure growth.

Blackstone plans to double its investment in India to $100 billion over five years, citing long-term growth prospects. The firm's COO highlights India's strong capital markets. Fairfax Financial Holdings also invested $5.6 billion in IDBI Bank. India's economic formalization, infrastructure investments, and renewable energy expansion have boosted productivity and capital market activity, with significant increases in equity and bond issuances.