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GitLab Surges on AI Growth Prospects and Workforce Reduction
GitLab shares jumped 7% in after-hours trading after beating sales estimates and raising its annual forecast, while announcing a 14% workforce reduction to focus on its AI-powered Duo Agent Platform.
Rocket One Surges 66% on AI Nanomagnetic Tech Appointment
Rocket One (RKTO) soared 66% to $2.22 after naming a lead technical adviser for nanomagnetic AI tech, but filings warn of no commercial product and substantial doubt about viability.
Nike Nears 52-Week Low on Turnaround Doubts Ahead of Key Earnings
Nike shares fell 4.8% to $43.73, approaching a 52-week low, amid skepticism over CEO Elliott Hill's turnaround plan ahead of the critical June 30 earnings report.
Palo Alto Networks Surges on AI Security Demand, Lifts 2026 Forecast
Palo Alto Networks shares soared 7.4% in extended trading after raising its 2026 revenue and profit guidance, driven by a 31% revenue jump to $3.0 billion and robust AI security demand.
Transocean Shares Flat as Australian Drilling Contract Signed; Valaris Merger Awaits
Transocean shares closed nearly unchanged at $6.25 after Carnarvon Energy hired a rig for 2027 drilling, but the stock's outlook hinges on backlog growth and the Valaris merger.
Swarmer Stock Surges 38% on Cramer Endorsement Amid Drone Software Hype
Swarmer shares surged 37.7% to $78.52 after Jim Cramer called the drone software company "a natural" on Mad Money, reigniting retail interest despite weak fundamentals.
Abivax Stock Tumbles 44% Despite Positive Ulcerative Colitis Trial Results
Abivax shares fell 44% as strong Phase 3 results for obefazimod in ulcerative colitis were overshadowed by malignancy cases, fueling investor worries about regulatory approval.
Netflix Shares Slip as Investors Eye Annual Meeting for Clarity on Growth
Netflix shares dropped nearly 3% to $83.36 as investors await clarity on growth targets at the annual meeting, with management sticking to 2026 forecasts despite heavier content costs.
MARA Slumps as Bitcoin Retreats Below $70K Amid AI Strategy Debate
MARA shares dropped 4.2% to $14.23 as bitcoin slid below $70,000, highlighting the miner's ongoing dependence on crypto prices despite its push into AI and power infrastructure.
T1 Energy Hits Record High Amid AI Data Center Hype; Uncertainties Loom
T1 Energy shares hit a record high of $12.18 on AI data center demand and strong Q1 results, but risks including single-customer reliance and financing challenges remain.