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Salesforce Surges 12.7% on AI Revenue Strength, Market Cap Jumps $22.8B
Salesforce shares surged 12.7% in after-hours trading as AI-related annual recurring revenue approached $3.9 billion, driving a $22.8 billion market value increase.
CrowdStrike Jumps 11% on Record ARR, Raises Annual Forecast
CrowdStrike (CRWD) shares soared 10.9% after reporting record net new ARR of $332.8M and raising its fiscal 2027 outlook, adding $21B in market value.
Nvidia's AI Bet: $366B in Commitments, Stock Slips 1.8%
Nvidia beat Q2 expectations with $96.2B revenue, but shares fell 1.8% as AI commitments reached $366B. Q3 guidance of $108B also exceeded consensus.
Volato Stock Skyrockets 62% on $500M AI Infrastructure Merger Deal
Volato (SOAR) shares jumped 62% after announcing a $500M merger with AI infrastructure firm Alignment Engine, a deal 38 times its market cap.
Generate Biomedicines Plunges 20% as Lock-Up Expiry Floods Market
Generate Biomedicines (GENB) shares fell 20% as a 103.14 million-share lock-up expired, quadrupling the tradable float and heightening supply worries.
Snap Shares Tumble 8% on Youth Safety Lawsuit and Meta Settlement
Snap shares dropped nearly 8% as a Pennsylvania youth-safety lawsuit and Meta's $18 billion settlement spooked investors, wiping out about $791 million in market value.
Expion Energy Stock Soars 60% as Fundraising Nearly Matches Market Cap
Expion Energy (XPON) shares jumped 60% after raising $8.2 million, nearly matching its market cap. The battery firm is pivoting to Louisiana gas exploration.
Mitsubishi Motors Rally on Pajero Comeback Plans
Mitsubishi Motors shares gained 2.5% as investors anticipate the September 2 global debut of the 2027 Pajero, a key model for the company's sales and profit targets.
Biohaven Stock Soars 25% on Trade Secret Ruling
Biohaven shares surged 25% after a federal court finalized a $4 million trade secret ruling, boosting market cap by $553 million as investors bet on platform value.
MG Hector Tomahawk EV and PHEV Launch in India; SAIC Expands Market Presence
MG Hector Tomahawk EV starts at ₹1.95 million, with battery rental reducing entry price. PHEV variant offers 1,100 km range. SAIC shares rise 0.78%.
Loblaw Revives Tariff Tags, Highlights Margin Sensitivity
Loblaw brings back 'T' tariff labels on shelves as trade friction widens, with CEO Per Bank noting stronger supply chain diversification.
Asia Chip Stocks Pare Losses as KASE Global Wraps Up; PCE Inflation Pressures Fed Bets
Asian chip stocks narrowed losses as KASE Global entered its final hour, while a hotter-than-expected US PCE inflation report lifted Fed hike odds and pressured rate-sensitive growth stocks.