Stocks moved sharply on Thursday as company announcements and earnings-related guidance pushed some names substantially higher while others sank. Technology and AI-linked names accounted for several of the largest advances, while storage and certain mid-cap firms posted steep losses.
Session highlights
Among mega-cap names, Arm led gains, rising 9.51%, while other large-cap technology and healthcare stocks also advanced. Microsoft climbed after an announcement that it will release a new coding model next week, and Big Pharma showed strength as Eli Lilly added ground. Several industrial and semiconductor names posted modest declines.
Mega-Cap Movers (Market Cap: $200 billion USD or higher)
- Intel Corp (INTC): -3.45%
- Eli Lilly And Co (LLY): +5.72%
- Arm (ARM): +9.51%
- Microsoft Corp (MSFT); Microsoft to release new coding model next week: +3.1%
- IBM (IBM): +4.24%
- Palantir Technologies Inc (PLTR): +4.36%
- Caterpillar (CAT): -1.97%
- Kla-tencor Corp (KLAC): -1.83%
- GE Vernova LLC (GEV): -2.88%
- Lam Research Corp (LRCX): -1.12%
Large-Cap Stock Movers (Market Cap: $10-$200 billion USD)
- Snowflake Inc (SNOW); Snowflake to acquire Natoma for AI agent governance platform: +35.08%
- Dollar Tree Inc (DLTR): +17.49%
- Agilent Tech (A); Agilent surges 8% on earnings beat and raised guidance: +16.32%
- Best Buy (BBY): +14.72%
- Kratos Defense & (KTOS): +14.29%
- Heico Corp (HEI): +12.28%
- MongoDB (MDB): +11.51%
- Hormel Foods Corp (HRL); Hormel Foods stock rises nearly 4% on beating estimates as turnaround gains traction: +8.85%
- Samsara (IOT): +5.85%
- Pure Storage Inc (P); Everpure shares slide over 7% as guidance falls short of analyst expectations: -18.09%
Mid-Cap Stock Movers (Market Cap: $2-$10 billion USD)
- Braiin (BRAI): +38.36%
- AeroVironment (AVAV); AeroVironment wins $20M Air Force ceramics contract: +16.6%
- Amprius Tech (AMPX): +15.3%
- Ondas (ONDS): +20.05%
- ICON Plc (ICLR): +10.78%
- Ekso Bionics Holding (CHRN): +13.34%
- American Superconductor (AMSC); AMSC falls as first quarter guidance disappoints: -11.08%
- CECO Environmental (CECO): -8.05%
- SVF Investment 3 (SYM): -7.96%
- Photronics (PLAB); Photronics tumbles 32% on weaker-than-expected Q2 results, guidance: -34.69%
Small-Cap Stock Movers (Market Cap: $300 million - $2 billion USD)
- Unusual Machines (UMAC): +49.02%
- TimefireVR (RCAT): +25.77%
- Corsair Gaming Inc (CRSR): +18.33%
- Kohls Corp (KSS): +18.72%
- Swarmer Inc (SWMR): +17.86%
- Rotor Acquisition Corp (PDYN): +15.43%
- Social Capital Hedosophia Hold III (CLOV): +10.82%
- Sidus Space (SIDU); Sidus Space prices $100 million stock offering at $5.08 per share: -20.67%
- ADTRAN Inc. (ADTN): -13.03%
- MSTU (MSTU): -7.29%
Market context and breadth
The session was marked by pronounced dispersion: large percentage moves clustered in technology, software and AI-related names, while several industrial and semiconductor firms recorded modest declines. Company-specific developments - including an acquisition announcement, product/model release timing, contract awards and quarterly guidance - largely explain the individual stock movements.
Summary
Thursday's trading featured strong gains in AI- and software-linked companies, most notably Snowflake on an announced acquisition related to AI agent governance and Arm among mega-cap tech names. Conversely, several storage and mid-cap companies tumbled after issuing guidance or reporting results that disappointed analysts' expectations.