These companies are trending in intraday trading. Dell Technologies, HP Inc — Shares of each computer maker soared more than 15% after rival Lenovo’s quarterly report crashed. Lenovo’s Hong Kong-traded shares soared nearly 20% after the company said its artificial intelligence revenue rose 84% in the fourth quarter. Estee Lauder – The cosmetics company’s stock rose 10%. Estée Lauder and Puig confirmed Thursday that they have concluded discussions about a potential merger. Workday — Shares of Workday rose about 4% after the finance and human resources software provider reported better-than-expected results and raised its full-year profit outlook. Workday co-founder Aneel Bhusri returned as CEO during the quarter. Merck — The drugmaker rose nearly 5% after its lung cancer treatment partnered with China-based Cologne Biotech reduced the risk of tumor progression by 65%, according to a Phase 3 trial. Zoom Communications — The video conferencing company saw its stock rise 11% following quarterly results. Zoom reported better-than-expected adjusted earnings and revenue in its latest quarter. The company also increased its share buyback authorization by $1 billion. IMAX — Shares rose 15% after reports the company is considering a sale and is in preliminary talks with a potential buyer. Officials told CNBC that IMAX bankers test the waters from time to time to earn interest on sales. Ross Stores — The discount store’s stock rose 6% after a better-than-expected quarterly earnings report. The company also raised its full-year profit outlook as well as its comp sales forecast. Take-Two Interactive — Shares of the video game holding company fell 4% after its full-year booking outlook failed to impress Wall Street. Take-Two expects net bookings to be in the range of $8.0 billion to $8.2 billion, compared to the FactSet consensus of $9.13 billion. Separately, the company also revealed that Grand Theft Auto VI is still on track for a November release. Futu — The Hong Kong-based brokerage’s U.S.-listed shares fell 25% after China launched a crackdown on illegal cross-border securities trading. China will impose penalties on securities firms accused of illegally moving funds to overseas markets, Reuters reported. PDD Holdings, Alibaba — U.S.-listed stocks of companies with large operations in China fell after China announced a crackdown on illegal cross-border securities trading. PDD fell 4% and Alibaba fell 1%. BJ’s Wholesale Club — Shares fell nearly 9% after BJ’s Wholesale Club reaffirmed its full-year outlook. The company expects earnings per share of $4.40 to $4.60, compared to the FactSet consensus call of $4.51 per share. Perpetua Resources – The mining company’s stock lost some of its earlier gains, falling 4% on the day. Shares earlier jumped on news that Perpetua had secured a $2.9 billion loan from the U.S. Export-Import Bank. The proceeds will fund Perpetua’s stibnite gold project in Idaho, which will also produce antimony, a metal needed for munitions and semiconductor manufacturing. Advanced Micro Devices — Shares rose more than 4% after CEO Lisa Su predicted increased demand for CPUs would continue for five years. Arm — The chipmaker rose 3% and is on track for a 47% surge this week. Arm is on track for its best weekly performance since February 2024. Generac — Shares rose 9% after Jefferies upgraded the stock from hold to buy. The bank believes the construction of the data center will be a catalyst for the stock price to rise, but Jefferies believes it has not yet been factored into the stock price. —CNBC’s Yun Li, Nick Wells and Darla Mercado contributed reporting. Markets change and headlines fade, but the fundamental principles of building long-term wealth remain the same. Join us for the third annual CNBC Pro LIVE. Investors from all backgrounds, from financial professionals to individuals, come together to cut through the noise and gain actionable strategies for smarter, more disciplined investing. No matter where you start, you’ll leave with clearer thinking and a stronger strategy. Enter your email address here to get your discount code.
