Premarket Movers | Nuclear Energy Stocks Rise Again; GitLab Jumps 7%; Cloudflare Gains 3%; CoreWeave Drops 3%

Nuclear energy stocks rose again in premarket trading. NuScale Power rose 6%; Oklo rose 5%; NANO Nuclear Energy rose 4%; Energy Fuels rose 2%; Uranium rose 1%.

GitLab shares jumped 7.3% in premarket trading following the announcement of an expanded collaboration with Google Cloud.

First Solar shares rose 4.6% in premarket trading. China has held preliminary discussions with solar panel equipment manufacturers about potentially restricting exports of advanced technology to the United States, according to Reuters.

Cloudflare shares rose 3.2% in premarket trading. Cloudflare announced a partnership with cloud and AI security leader Wiz, now part of Google Cloud, to give security teams a unified way to analyze and protect AI-powered applications across their entire environment.

CoreWeave shares pull backed 2.7% in premarket trading. Bernstein SocGen Group raised its price target on CoreWeave shares to $67 from $56 while maintaining an Underperform rating.

SolarEdge shares fell 4.1% in premarket trading. Goldman Sachs downgraded SolarEdge to Sell from Neutral and lowered its price target to $31 from $36.

TeraWulf shares dropped 5.2% in premarket trading following the announcement of a planned $800 million stock offering and preliminary first-quarter results that fell short of Wall Street expectations.