By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Stocks making the biggest moves after hours: Super Micro Computer, CoreWeave, H&R Block and more
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Finance > Stocks making the biggest moves after hours: Super Micro Computer, CoreWeave, H&R Block and more
Finance

Stocks making the biggest moves after hours: Super Micro Computer, CoreWeave, H&R Block and more

Last updated: August 12, 2026 2:48 am
2 hours ago
Share
SHARE


Check out the companies making headlines after hours. Super Micro Computer — The data center infrastructure stock rallied more than 8% after Super Micro Computer issued rosy guidance for first quarter earnings and revenue, in addition to exceeding fourth quarter estimates. The company expects adjusted earnings in the range of $1.01 to $1.10 per share, far above the LSEG consensus estimate of 76 cents. Revenue guidance in the range of $14.5 billion to $15.5 billion also topped the anticipated $11.68 billion. CoreWeave — The artificial intelligence cloud company saw shares gain 14%. Second quarter adjusted operating income margin came in at 5% compared to the StreetAccount consensus estimate of 2.7%. Revenue of $2.58 billion was up 112% from the year-ago period, and it came in ahead of the $2.56 billion expected, per the LSEG consensus estimate. Lumentum Holdings — Shares were marginally lower even after the maker of optical and photonic products posted fourth quarter adjusted earnings and revenue that exceeded expectations. The AI beneficiary has tumbled more than 22% over the last three months. However, it’s had a blockbuster year thus far, up more than 120% year to date. H & R Block — Shares surged 15% after H & R Block issued an upbeat forecast for the 2027 fiscal year. The company sees adjusted earnings in a range of $6.04 to $6.24 per share on revenue of $4.11 billion to $4.16 billion. That compares to the LSEG consensus estimate of $5.86 per share and $4.05 billion. Cava Group — Shares of the Mediterranean fast-casual restaurant chain jumped almost 7% after reporting second quarter earnings of 19 cents per share, topping the LSEG consensus estimate of 18 cents a share. Revenue of $368.4 million topped the anticipated $361 million. — CNBC’s Darla Mercado contributed to this report.



Source link

You Might Also Like

Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China

Is betting on elections using prediction markets illegal? Many states are unsure as midterms approach

An inflation report Wednesday should be a big deal for the Fed. Here’s what to expect

AI computing power is becoming a tradable asset class as CME launches futures contracts

Why JPMorgan is investing big in the 2028 LA Olympics

TAGGED:Breaking News: MarketsBusinessBusiness NewsCAVA Group IncCoreWeave Inc.EarningsEconomyH & R Block IncLumentum Holdings IncMarket InsiderMarketsStock marketsSuper Micro Computer Inc
Share This Article
Facebook Twitter Email Print
Previous Article Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China
Next Article Yen Inches Toward 160 Per Dollar, Raising Intervention Concerns | Stock Market News
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS