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Dell Technologies shares surged 9% in extended trading after reporting fiscal second-quarter results and raising full-year guidance, driven by strong demand for AI-optimized servers and infrastructure.
Palo Alto Networks beat quarterly estimates on strong AI security demand, with revenue jumping 34% year-over-year. The company announced an acquisition and issued upbeat forward guidance.
Oracle’s stock rose 4% in extended trading after the company posted stronger-than-expected quarterly results, with cloud infrastructure revenue more than doubling year-over-year.
MARA Holdings shares fell 5.7% in pre-market trading after JPMorgan downgraded the Bitcoin miner to Underweight, citing concerns about its capital-light joint venture strategy and recent earnings miss.
Scholar Rock shares rose 9.1% in pre-market trading after FDA approval of ISEMBYLD for spinal muscular atrophy treatment in patients aged two and older.
Wheat futures traded mixed across three exchanges on Monday, with Chicago SRW and Kansas City HRW contracts declining while Minneapolis spring wheat showed mixed performance ahead of September contract expiration.
