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Broadcom Plunge 13% After Hours Sparks Tech Selloff, Dow Drops 621 Points
Broadcom slid 13.7% after hours after missing Q2 revenue estimates and keeping AI-chip sales forecast unchanged, triggering a broader market decline with the Dow falling 621 points.
PVH Slashes Revenue Forecast, Shares Tumble 18.7% After Hours
PVH shares fell 18.7% after hours after the company slashed its full-year revenue forecast to roughly flat, citing ongoing pressure in the EMEA region.
Nu Holdings Slides on Analyst Downgrades and CFO Succession
Nu Holdings dropped 2.43% to $11.64 after two analyst downgrades in two days, with concerns over falling margins, rising credit costs, and a CFO transition.
Intel Stock Rebounds on AI CPU Plans at Computex
Intel shares surged 4.43% to $112.71, halting a five-day slide, as the company pitched CPUs as key to AI at Computex, unveiling Xeon 6+ processors and rack-scale AI hardware.
Five Below Stock Tumbles Despite Strong Q1 Results as Investor Concerns Mount
Five Below shares plunged 12.6% in after-hours trading even after the discount retailer posted better-than-expected first-quarter results and lifted its full-year outlook.
Netskope Tumbles 20% in After-Hours Trading as Cash Flow Concerns Overshadow Revenue Growth
Netskope shares plunged 20% after hours to $9.96, despite a Q1 earnings beat, as negative free cash flow and slowing net new ARR overshadowed 28% revenue growth.
Nvidia Shares Slip 3.6% as AI Rally Faces Supply and Margin Tests
Nvidia shares slid 3.6% to $214.75 on Wednesday as profit-taking after Computex and broader market weakness offset positive supply comments and new AI PC chip announcements, testing the AI rally's momentum.
Nokia Soars on AI Demand: Stock Up 18.5% in Three Days
Nokia shares surged 2.39% to €14.805, extending a three-day rally to 18.5% as AI demand drives growth. Nordea hiked its target to €15.7, far above analyst consensus.
Veeva Systems Slips Despite Strong Earnings, AI Strategy in Focus
Veeva Systems shares declined 2.3% despite beating Q1 estimates and raising guidance, as investors assess AI spending and CRM migration risks.
Delta Expands Premium Lounge Network at LAX Ahead of 2028 Olympics
Delta Air Lines will launch a second Delta One Lounge at Los Angeles International Airport this summer, boosting premium capacity ahead of new long-haul and domestic routes and the 2028 Olympic Games.
C3.ai Shares Rebound After Earnings; Turnaround Efforts Under Scrutiny
C3.ai shares rose 2.2% after hours as fiscal Q4 revenue topped estimates, but fiscal 2027 revenue guidance fell short, keeping turnaround concerns alive.
Transocean Stock Dips as Oil Rally Fails to Lift Offshore Driller
Transocean shares slipped 1.2% to $6.18 even as crude oil surged near $100 on Middle East tensions, with investors focused on a new rig contract in Australia and the pending Valaris merger.