Check out the companies making the biggest moves premarket: Akamai Technologies — Shares surged 27% after the cybersecurity and cloud computing company said a leading U.S.-based frontier model provider has committed to $1.8 billion over seven years for its Cloud Infrastructure Services. Akamai also reported a first-quarter adjusted earnings beat, while its revenue came in line with expectations. CoreWeave — The cloud infrastructure company slid 7% as its second-quarter revenue guidance disappointed Wall Street. CoreWeave sees revenue ranging from $2.45 billion to $2.6 billion. The midpoint of $2.53 billion fell short of the $2.69 billion LSEG consensus call. Microchip Technology — The stock rose 3% after the company reported an earnings and revenue beat in its fiscal fourth-quarter earnings report. It also delivered better-than-expected guidance for the current quarter. Microchip sees revenue coming in between $1.44 billion to nearly $1.47 billion in its fiscal first quarter, compared to analysts polled by FactSet expectations for $1.34 billion. IREN Limited — Shares jumped more than 8% after the data center owner and operator announced a deal with chipmaker giant Nvidia to deploy up to five gigawatts of artificial intelligence infrastructure. Nvidia will also invest $2.1 billion in the company. Gen Digital — The software stock popped 6% after sharing current-quarter and full-year revenue guidance that exceeded analysts’ expectations, per …
