Dell (DELL) stock surged 9.9% to $484.49 following Super Micro’s strong AI server outlook, with revenue up 87.5% YoY and a $43B backlog driving growth.
Gaxos.ai (GXAI) stock skyrocketed 66% after hours as Q2 revenue reached $2.46M, crushing estimates by 40%, while EPS beat forecasts by 113%.
BJ’s Wholesale Club (BJ) stock receives analyst upgrade to Buy with 20% upside potential ahead of August 21 earnings. Trading at half Costco’s multiple.
Infleqtion (INFQ) stock fell 4% despite Q2 revenue beating forecasts by 116%. Loss per share widened to 12 cents vs. 5-cent estimate on higher expenses.
Madison Square Garden Sports (MSGS) stock surged to record highs after a $12.5B Lakers deal boosted NBA valuations ahead of Q4 earnings this Thursday.
Coherent (COHR) stock dropped 4% after hours despite record Q4 earnings beat, 34% revenue jump, and strong guidance—a classic sell-the-news reaction.
Maersk (MAERSK B) stock jumped 5% after Q2 earnings doubled to $1.31B and guidance was upgraded, though Morgan Stanley maintains underweight rating.
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View MoreEuropean equities climbed Thursday as U.S. inflation data matched expectations, lowering Fed rate hike odds. UK GDP rose 0.4% and Pandora exceeded forecasts.
Stocks & Shares News
View MoreDell (DELL) stock surged 9.9% to $484.49 following Super Micro’s strong AI server outlook, with revenue up 87.5% YoY and a $43B backlog driving growth.
Gaxos.ai (GXAI) stock skyrocketed 66% after hours as Q2 revenue reached $2.46M, crushing estimates by 40%, while EPS beat forecasts by 113%.
BJ’s Wholesale Club (BJ) stock receives analyst upgrade to Buy with 20% upside potential ahead of August 21 earnings. Trading at half Costco’s multiple.
Infleqtion (INFQ) stock fell 4% despite Q2 revenue beating forecasts by 116%. Loss per share widened to 12 cents vs. 5-cent estimate on higher expenses.
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