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Dell Soars 7% After Hours on AI Guidance; MongoDB Tumbles 13%
Dell shares surged 7.2% after hours on raised AI server outlook, while MongoDB dropped 12.5% despite strong results, as tech stocks diverged.
SHEIN Ends First Day Flat After Sharp Intraday Drop
SHEIN shares closed nearly flat in Hong Kong debut after a 10% intraday drop, with a small float complicating price discovery.
Apple Stock Rises as New CEO Takes Helm in AI Era
Apple's stock rose 1.7% as John Ternus took over as CEO, facing the challenge of leading AI innovation in a $4.7 trillion company.
GM Slips 0.8% as C$1.4B Canada Plan Faces Tariff Headwinds
GM shares dropped 0.8% as its C$1.4B Canadian investment faces tariff risks. The Ontario plan is modest relative to capex, but trade policy remains a key uncertainty.
DraftKings Slips 3.5% on $200 Promo, Marketing Costs Surge
DraftKings shares dropped 3.5% after a $200 bonus-bet offer, sparking worries over acquisition costs as Q2 marketing expenses jumped 38.3%.
Dell Surges on AI Server Demand; MongoDB Slides Despite Strong Growth
Dell surged 8.7% after record AI server orders, while MongoDB dropped 12% despite strong growth. Tech stocks were mixed as oil prices and Treasury yields rose.
MongoDB Shares Sink 12.5% Despite Strong Q2 and Raised Outlook
MongoDB shares dropped 12.5% after hours even as the company beat Q2 estimates and raised guidance, with investors focusing on a sequential revenue slowdown and rich valuation.
Credo Stock Tumbles 11.8% as Margin Outlook Overshadows Stellar Revenue Growth
Credo Technology's revenue soared 114.7% in Q1, but weak margin guidance sent shares down 11.8% in after-hours trading.
Tesla Stock Dips 3.2% as European FSD Vote Looms
Tesla shares dropped 3.2% as investors await a key European vote on Full Self-Driving, putting its $1.4 trillion valuation in focus.
Moderna Jumps 10% as Cancer Vaccine Trial Hits Key Goals
Moderna shares surged 9.93% after its cancer vaccine intismeran met two Phase 3 endpoints, adding $5.6B in market value. Full efficacy data remain undisclosed.