These stocks were poised to make moves Monday:

US-listed shares of XPeng jumped 5.4% in premarket trading. XPeng chairman and CEO He Xiaopeng has increased his stake in his company in an attempt to revive investor confidence.

As XPeng's controlling shareholder, Mr. He purchased a total of 1 million Class A ordinary shares of the company in the Hong Kong stock market on August 21-23 at an average price of HK$27.13 per Class A ordinary share, according to a Hong Kong stock exchange announcement today.

PDD Holdings shares rose 1.1% in premarket trading. Temu parent PDD Holdings will report its second quarter earnings early Monday. Analysts expect the China-founded e-commerce giant to continue a run of big earnings growth.

Nvidia shares gained 1% in premarket trading Monday. AI darling Nvidia will report its second-quarter results of fiscal 2025 on Aug. 28, with significant attention expected on management's comments regarding potential delays in the release of its next-generation Blackwell ( BW ) chip, and the company's ability to meet demand. Analysts expect Nvidia's Q2 revenue to be $28.705 billion, adjusted net income to be $15.912 billion, and adjusted EPS to be $0.645, according to Bloomberg's unanimous expectations.

Medirom Healthcare Technologies shares soared 135.1% in premarket trading Monday. Medirom Healthcare Technologies subsidiary Medirom Mother Labs has formed a capital and business alliance with NFES Technologies Inc, a subsidiary of NFES Inc.

Faraday Future shares dropped 2.8% in premarket trading Monday after soaring 40.8% last week. The company ’ s recent announcement of a significant launch event scheduled for September 19, 2024, is the main factor driving this increase in stock price. In addition to introducing FFIE ’ s second car brand, the event will reveal the specifics and implementation schedule for the company ’ s China-U.S. car Bridge Strategy.

Prestige Wealth shares sored 95.9% in premarket trading Monday. Wealth management company Prestige Wealth said on Friday it has entered into an agreement to buy AI driven wealth management company Wealth AI for $4.5M. Prestige Wealth has entered into an agreement to buy all shares of SPW Global which in turn owns Wealth AI.