Upside, Downside Movers in the Morning
Upside
MSTR +10.0%, BMNR +8.0%, COIN +7.5%, CRCL +6.5%, BLSH +6.5%, ABTC +6.0% (Bitcoin rebound above $71K and renewed crypto-policy optimism after White House crypto discussions; crypto beta names reprice higher)
NDSN +8.0% (earnings beat and margin resilience exceeded expectations; investors focus on industrial recovery rather than slower macro backdrop)
DE +5.0% (earnings reaction as equipment demand outside agriculture offsets farm-cycle weakness; guidance seen as better than feared)
TEM +4.5% (AI-healthcare/data platform growth continues to exceed cautious expectations)
HOOD +4.0% (crypto trading volumes and retail activity expectations improve with digital asset rally)
MARA +4.0%, RIOT +3.5%, CLSK +3.5% (Bitcoin miners gain leverage to crypto rebound)
XOM +3.5%, CVX +3.0%, OXY +3.0% (energy sympathy as crude rises more than 2% on supply/geopolitical concerns)
NEM +4.5%, GOLD +4.0%, AEM +3.5% (gold miners benefit from commodity rotation and rate volatility)
ALGN +4.0% (earnings reaction as profitability outlook improves versus lowered expectations)
Downside
MRNA –10.0% (profit-taking after historic prior-day repricing; investors lock gains after the Phase 3 cancer vaccine breakthrough)
FRHC –35.0% (major earnings-driven valuation reset as growth expectations deteriorate)
PAYC –14.0% (earnings/guidance disappointment forces lower growth expectations for enterprise software)
COTY –8.5% (larger-than-expected loss and weaker sales outlook pressure turnaround assumptions)
AAP –8.0% (forward demand concerns overwhelm quarterly beat as investors focus on consumer repair-cycle weakness)
WMT –6.5% (same-store sales growth missed expectations despite earnings beat; consumer spending read-through weakens)
BABA –1.0% (profit miss as AI investment raises near-term margin pressure despite cloud growth)
NEBI –10.0% (AI infrastructure valuation pressure after $4.5B convertible debt financing raises dilution concerns)
TER –6.0% (semiconductor equipment weakness as investors question AI infrastructure spending durability)
SMCI –5.0% (AI hardware valuation pressure continues after crowded trade unwind)
MRVL –4.0%, AMD –2.5%, NVDA –2.0% (AI hardware rotation away from crowded winners; investors favor profitable AI beneficiaries over lower-quality beta)
CRWD –3.5%, SNOW –3.0%, PANW –3.0% (software duration pressure as Treasury yields remain elevated)
LOW –3.0%, DG –3.0% (consumer discretionary caution after mixed retail earnings signals)
