Paychex Shares Slide on Tepid Fiscal 2027 Outlook Despite Q4 Beat
Earnings James Calloway

Paychex Shares Slide on Tepid Fiscal 2027 Outlook Despite Q4 Beat

Paychex shares dropped 3.8% as the company's fiscal 2027 outlook signaled slower growth, overshadowing a Q4 earnings beat.

PAYX ADP PCTY PAYC
Hyperscale Data Surges on $1.2 Billion AI Compute Deal
Technology Sarah Chen

Hyperscale Data Surges on $1.2 Billion AI Compute Deal

Hyperscale Data shares jumped 6.4% after announcing a 10-year, $1.2 billion AI compute deal at its Michigan campus, with potential revenue exceeding $3 billion if expanded.

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EchoStar Shares Drop 5% After Nasdaq Ticker Switch to ECHO
Markets Daniel Marsh

EchoStar Shares Drop 5% After Nasdaq Ticker Switch to ECHO

EchoStar shares dropped 4.8% to $98.92 after changing its Nasdaq ticker to ECHO, as the company awaits $20.25 billion from AT&T spectrum sale and faces a shrinking pay-TV business.

SATS
Micron Earnings in Focus as AI Memory Rally Faces Key Test
Earnings James Calloway

Micron Earnings in Focus as AI Memory Rally Faces Key Test

Micron shares slipped 0.33% to $1,048.34 as investors await fiscal Q3 earnings, with Wall Street forecasting $20.83 EPS and $35.9B revenue. Options imply an 11% move, testing the AI-driven chip rally.

MU NVDA
FuelCell Energy Jumps 16% Pre-Market on 380 MW Data Center Deal with Fit Energy
Markets Daniel Marsh

FuelCell Energy Jumps 16% Pre-Market on 380 MW Data Center Deal with Fit Energy

FuelCell Energy shares jumped 16% pre-market on a deal to supply Fit Energy with up to 380 MW of on-site power for data centers, starting with a 30 MW phase this year.

FCEL
Pulsenmore Stock Surges on Ouma Health Home Ultrasound Deal
Markets Daniel Marsh

Pulsenmore Stock Surges on Ouma Health Home Ultrasound Deal

Pulsenmore shares surged in premarket trading after announcing a partnership with Ouma Health to bring its FDA-authorized home ultrasound to Ouma's U.S. virtual maternity care platform. Financial terms were not disclosed.

PLSM
Tesla Shares Steady After Probe into Fatal Crash
Regulation James Calloway

Tesla Shares Steady After Probe into Fatal Crash

Tesla shares steady in premarket after a 5.79% drop following a U.S. probe into a fatal Texas crash involving its driver-assistance system.

TSLA
UiPath Holds Near $10 as AI Strategy Awaited Ahead of Annual Meeting
Technology Sarah Chen

UiPath Holds Near $10 as AI Strategy Awaited Ahead of Annual Meeting

UiPath shares trade near $10 ahead of its June 25 annual meeting, as investors watch for AI-driven products to boost revenue amid a cautious Wall Street outlook.

PATH
Super Micro Stock Rises on New AI Deals, Nvidia Partnership
Technology Sarah Chen

Super Micro Stock Rises on New AI Deals, Nvidia Partnership

Super Micro Computer shares rose 1.6% premarket Wednesday after new AI partnerships, following a 6% drop Tuesday, as investors weigh financing plans and legal risks.

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Arqit Quantum Surges on US Quantum Security Orders
Technology Sarah Chen

Arqit Quantum Surges on US Quantum Security Orders

Arqit Quantum shares surged 35.6% following US executive orders on quantum security. A legal settlement was approved, and a Millennium-linked group briefly held over 5% of shares.

ARQQ
Tencent Rises as WeCom AI Agent Enters Testing, Buyback Continues
Technology Sarah Chen

Tencent Rises as WeCom AI Agent Enters Testing, Buyback Continues

Tencent shares rose 3.38% on Wednesday as WeCom began limited testing of the Dayuan AI agent. The company also repurchased 1.183 million shares.

TCEHY
Ambu shares sink on Danske downgrade amid urology headwinds
Markets Daniel Marsh

Ambu shares sink on Danske downgrade amid urology headwinds

Ambu shares fell 9.4% after Danske Bank downgraded the stock to sell, citing faster competition and price pressure in urology, weak ureteroscope traction, and a limited product portfolio.