Stocks making the biggest moves midday: NXT, ASTS, DELL, NTAP
Midday movers: Energy stocks fell for a fourth straight day after President Trump said he is close to a final determination on a U.S.-Iran deal; OneOK down 3%+, Chevron and Exxon down ~0.8% each, Occidental down 1%+. NextPower jumped 13% after buying Prevalon Energy for ~$365M and raising revenue guidance. Dell surged 29% after raising full-year guidance to $17.90 EPS and $165B–$169B revenue. Other notable moves included HPE +14%, AST SpaceMobile -17% after a Blue Origin test failure, and Okta +
Acquisition + raised guidance likely sustains momentum and supports upward revisions to 2026 expectations.
Nextpower jumped 13% after acquiring battery storage company Prevalon Energy for about $365M and raising full-year revenue guidance.
Bullish near-term continuation; watch for follow-through vs profit-taking after a large midday move.
Background
The article is a midday movers roundup combining: (1) company-specific guidance/earnings catalysts (Dell, Okta, NetApp, PagerDuty, SentinelOne, Nextpower), (2) a partner-related space launch/test failure (Blue Origin impacting AST SpaceMobile), and (3) sector read-across in computer hardware.
Why it matters
Guidance raises/beat results are driving large positive repricing in multiple software/IT infrastructure names, while the Blue Origin test explosion is driving a sharp risk-off reaction in space connectivity. Sector momentum is amplifying moves in computer hardware names tied to Dell’s guidance.
Market relevance
This is a high-signal, catalyst-driven midday tape: multiple guidance/earnings surprises create tradable momentum, while the Blue Origin mishap creates immediate partner-risk repricing.
Market effects
Dell-driven strength lifts broader computer hardware/services sentiment; Blue Origin mishap adds partner/execution risk perception for space infrastructure.
Primarily US-listed tech/semis/IT services flow effects during the session.
Space-sector risk sentiment can spill across satellite connectivity and launch-supply chains globally.
Alternative perspectives
Some winners (HPE/SMCI/HP) may retrace if their moves are purely read-across from Dell rather than company-specific fundamentals.
For ASTS, the market reaction may over-discount if the Blue Origin failure is isolated to a specific test configuration; for guidance beat names, watch for margin/FCF details not covered in this brief.
Key entities
- companyNextpower
Solar utility stock jumped after acquiring Prevalon Energy and raising full-year revenue guidance.
- companyAST SpaceMobile
Tumbled after Blue Origin rocket exploded during a ground test, raising execution risk.
- companyDell Technologies
Surged after raising full-year guidance with higher adjusted EPS and revenue range.
- companyOkta
Gained after issuing guidance above expectations and beating Q1 non-GAAP estimates.
- companyNetApp
Popped after beating guidance and reporting fiscal Q4 adjusted earnings/revenue beats.
