Stock Markets February 26, 2026

After-Hours Movers: Dell, Block, CoreWeave, Autodesk, Marathon and More Shake Markets

Mixed earnings and strategic moves drive sharp after-market swings across technology, payments and data-center names

By Caleb Monroe DELL XYZ DUOL ZS
After-Hours Movers: Dell, Block, CoreWeave, Autodesk, Marathon and More Shake Markets
DELL XYZ DUOL ZS

Several publicly traded companies saw material after-hours stock movements following quarterly reports and strategic announcements. Dell Technologies, Block, Autodesk, Rocket Companies and MARA pushed higher after earnings beats, strong guidance or new partnerships, while Duolingo, Zscaler and CoreWeave declined after disappointing guidance or results. Paramount Skydance’s proposal received recognition from the Warner Bros. Discovery board as a superior offer under the existing merger agreement with Netflix.

Key Points

  • Dell reported quarterly revenue of $33.4 billion, topping the $31.41 billion consensus, and set FY2027 revenue guidance of $138-142 billion versus a $124.9 billion consensus - impacting enterprise technology and hardware sectors.
  • Block said it will reduce its workforce by over 40% and posted quarterly results, coinciding with a 23% after-hours stock rise - affecting payments and fintech labor costs and structure.
  • Mixed earnings and guidance across several tech and financial names led to divergent moves: Autodesk and Rocket Companies surged after beats, while Duolingo, Zscaler and CoreWeave declined on weaker guidance or results.

U.S. equities experienced notable after-market volatility as a group of companies reported quarterly results or disclosed strategic decisions that investors digested outside regular trading hours.

Dell Technologies (DELL) was among the top movers, climbing 11% after reporting fourth-quarter results that exceeded analyst estimates and providing robust guidance. The company reported revenue of $33.4 billion for the quarter compared with the consensus estimate of $31.41 billion. Management projected fiscal 2027 revenue in a range of $138 billion to $142 billion, above the consensus outlook of $124.9 billion.

Block, Inc (XYZ) jumped 23% after releasing quarterly results and announcing a major workforce reduction. In its statement, Block said, "We are making a significant change to our organizational structure today, reducing our workforce by over 40%."

Duolingo (DUOL) moved lower, falling 22% after issuing guidance that missed estimates.

Zscaler (ZS) slipped 7% even though it reported results that beat estimates; the decline followed full-year revenue guidance that came in line with consensus.

CoreWeave (CRWV) declined 5% after reporting earnings per share that trailed expectations. The company also disclosed a revenue backlog of $66.8 billion as of December 31, 2025.

Autodesk (ADSK) rose 10% after delivering results that comfortably beat estimates for the final quarter of 2025 and offering guidance that exceeded expectations.

Rocket Companies (RKT) gained 8% after surpassing estimates on both the top and bottom lines in the fourth quarter. Revenue for the period was $2.69 billion versus the consensus estimate of $2.21 billion.

Paramount Skydance Corporation (PSKY) edged up 1.5% following a determination by the Warner Bros. Discovery (WBD) board that Paramount Skydance’s $31 per share all-cash acquisition proposal represents a "Company Superior Proposal" under WBD’s existing merger agreement with Netflix.

MARA (MARA) rose 14% after entering into a strategic agreement with Starwood Capital Group and its dedicated data center development platform.


Investor interest was also directed toward tools that evaluate investment opportunities. A promotional note highlighted ProPicks AI, which evaluates companies including DELL using more than 100 financial metrics to rate fundamentals, momentum and valuation. The note referenced past winners identified by the AI, including Super Micro Computer (+185%) and AppLovin (+157%), and suggested users could check whether DELL appears in any ProPicks AI strategies or find alternative opportunities in the same sector.

Taken together, the after-hours activity spanned payments, enterprise software, cloud and data-center operators, consumer education technology and financial services, reflecting a broad mix of earnings surprises, guidance updates and strategic moves that investors weighed outside regular trading hours.

Risks

  • Companies with guidance that missed or only met expectations, such as Duolingo and Zscaler, face uncertainty in revenue momentum and investor confidence - primarily impacting the software and consumer education technology sectors.
  • Large workforce reductions, exemplified by Block’s announced cut of over 40%, introduce execution and organizational risks that could affect operations and customer-facing services - relevant to the payments and fintech sector.
  • Earnings misses or EPS shortfalls, as reported by CoreWeave, highlight execution and margin risks for data-center and cloud infrastructure firms, especially when paired with large reported backlogs that may pressure future delivery and cash flow assumptions.

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