Wednesday Overnight: Dell Technologies Inc. rose 8.44%. The move followed fiscal Q2 revenue and EPS topping forecasts and a higher full-year revenue outlook, as management cited $60.9 billion in AI orders.
GitLab, Inc. soared nearly 17% as Q2 earnings topped estimates and the full-year outlook was raised.
Hewlett Packard Enterprise rose 4.56%. Shares climbed after fiscal third-quarter results, with AI systems revenue surging and bolstering confidence in the company’s infrastructure pipeline.
SUPER MICRO COMPUTER INC rose 1.47%. Bullish options activity, including a $1.64 million short put at the $35 strike, suggested institutional confidence around key support.
MongoDB Inc. fell 13.76%. A fiscal second-quarter beat and raised full-year outlook failed to satisfy AI growth expectations, as management kept guidance prudent despite 30% revenue growth.
Credo Technology Group Holding Ltd fell 9.4%. The stock declined despite an earnings beat, with profit-taking and broader sector softness driving the move.
Among other individual movers, Marvell Technology fell 1%.