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NASDAQ:FORG 14 May 2026

Forgent Power Stock Jumps After Record Orders Put AI Power Demand Back in Focus

Forgent Power Stock Jumps After Record Orders Put AI Power Demand Back in Focus

Forgent raised its fiscal 2026 revenue forecast to $1.35 billion–$1.39 billion after third-quarter bookings surged 308% to $867 million, more than double revenue for the period. Backlog reached $1.98 billion at March 31, up 157% from a year earlier. Net income rose to $24.5 million from $8.4 million. Shares climbed $2.51 to $45.52 in premarket trading.
14 May 2026
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Stock Market Today

  • CrowdStrike Announces 4-for-1 Stock Split and Beats Q1 Earnings Estimates
    June 4, 2026, 12:16 AM EDT. CrowdStrike declared a 4-for-1 stock split effective July 2, 2026, aiming to make shares more accessible to retail investors. The cybersecurity firm reported a 26% revenue increase to $1.39 billion for Q1 fiscal 2027, exceeding the $1.36 billion analyst estimate. Annual recurring revenue reached a record $5.5 billion, up 24% year-over-year. Adjusted earnings per share jumped 51% to $1.10, surpassing expectations. CrowdStrike raised its fiscal 2027 revenue guidance to $5.91-$5.96 billion. The stock trades at about 154 times forward earnings, reflecting investor confidence in its robust growth. Since its 2019 IPO, the stock has gained over 2,000%, highlighting strong market momentum amid rising demand for cybersecurity and AI-related solutions.

Latest articles

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

4 June 2026
Broadcom plunged 13.7% after hours to $413.62 as second-quarter revenue missed Wall Street estimates and its AI-chip sales forecast stayed unchanged, erasing one of the market’s last AI-linked supports just as the Dow fell 621 points and oil neared $100, stoking inflation and Fed risk concerns.
PVH Shares Drop After Results, But Quarter Wasn’t the Issue

PVH Shares Drop After Results, But Quarter Wasn’t the Issue

4 June 2026
PVH shares plunged 18.7% to $79.00 after hours as the Calvin Klein and Tommy Hilfiger owner slashed its full-year revenue outlook to roughly flat, citing ongoing pressure in Europe, the Middle East and Africa, overshadowing a first-quarter profit beat and signaling weaker second-quarter sales.
Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

4 June 2026
Nu Holdings sank 2.43% to $11.64 after a second analyst downgrade in two days, as Susquehanna and BofA cited falling margins, rising credit risk, and uncertainty from an upcoming CFO change; credit loss allowances jumped 33% last quarter, while risk-adjusted net interest margin fell to 9.5%, raising concerns about Nu’s growth premium amid broader weakness in Brazilian bank stocks.
Intel shares snap losing streak as Wall Street eyes CPU rebound

Intel shares snap losing streak as Wall Street eyes CPU rebound

4 June 2026
Intel soared 4.43% to $112.71, snapping a five-day losing streak, after unveiling new Xeon 6+ CPUs and rack-scale AI infrastructure at Computex, positioning CPUs as central to AI buildouts and sparking renewed investor interest despite ongoing risks from rivals and rising chip costs.
Five Below Drops After Strong Quarter as Traders React

Five Below Drops After Strong Quarter as Traders React

4 June 2026
Five Below stock plunged 12.6% after hours to $194.87 despite first-quarter sales and profit beating estimates and raised full-year guidance, as investors focused on management’s warnings about rising fuel costs, sticky inflation, and a tougher consumer backdrop that could threaten the chain’s strong sales momentum.
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