Eightco Holdings Inc. (Nasdaq: OCTO) made an announcement regarding its subsidiary, Forever 8. The company has successfully renewed and expanded its Inventory Management Agreement (IMA) with Mobi-hub Ltd., a prominent electronics distributor specializing in premium refurbishment of electronics, particularly mobile devices.

In response to this news, the pre-market trading activity for $OCTO reflects positive investor sentiment. The stock is currently trading at $2.70, experiencing a significant increase of $0.70 or 35.00%.

Shifting gears, Tencent Music Entertainment Group (NYSE: TME) has received positive upgrades from renowned financial institutions. Citigroup has upgraded TME from Neutral to Buy, while China Renaissance has also upgraded the stock from Hold to Buy.

During pre-market trading, $TME is valued at $7.80, showing a rise of $0.13 or 1.69%.

Similarly, iQIYI, Inc. (Nasdaq: IQ) has received an encouraging upgrade from Credit Suisse. The company's rating has been upgraded from Neutral to Outperform, with the price target being raised to $8 from $7.70.

In the pre-market session, shares of $IQ are trading at $5.51, reflecting a minor increase of $0.02 or 0.27%.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)