Stocks making the biggest moves premarket: Dell Technologies, HP, AST SpaceMobile, Gap & more
Dell shares rose nearly 37% premarket after the company raised full-year guidance to adjusted EPS of $17.90 and revenue of $165B–$169B, versus LSEG expectations of $13.09 and $142.5B. HP gained over 17%. American Eagle fell ~11% on weaker sales and Q2 operating income guidance. Gap dropped 15% after cutting its sales outlook. AST SpaceMobile slid ~15% after a Blue Origin test explosion. Okta, NetApp, Asana, MongoDB and PagerDuty rose on guidance/earnings beats, while American Eagle, Gap, Autodes
Guidance raise is likely to extend momentum and reprice near-term expectations for DELL.
Dell surged nearly 37% premarket after raising full-year guidance and EPS/revenue expectations above LSEG estimates.
Bullish bias; expect follow-through if broader computer hardware sentiment holds.
Background
This CNBC premarket roundup ties large individual stock moves to either guidance changes (earnings beats/misses) or a space-industry shock (Blue Origin rocket explosion during a ground test).
Why it matters
The dominant trading driver is fresh guidance relative to consensus, with additional sentiment contagion across computer hardware and space-related equities.
Market relevance
Guidance beats/misses are creating immediate repricing across enterprise software, data infrastructure, and computer hardware, while the Blue Origin incident is pressuring space-related stocks.
Market effects
Computer hardware names are trading on Dell’s guidance strength; space stocks are trading on partner/launch risk after Blue Origin’s explosion.
Primarily US-listed tech/hardware/space sentiment; limited direct regional specificity in the article.
Blue Origin-related risk sentiment can spill across global space/launch supply-chain expectations.
Alternative perspectives
Some moves (HPE/SMCI/HP, and space peers) may be largely correlation-driven; if the underlying event impact is contained, reversals are possible.
For ASTS/space names, the key is whether the Blue Origin failure affects near-term schedules/partner milestones; for software (SNOW/ESTC), investors may be over-weighting one guidance line versus longer-term demand trends.
Key entities
- companyDell Technologies
Raised full-year guidance, triggering a ~37% premarket surge.
- companyGap
Cut full-year sales outlook, driving a >15% premarket drop.
- companyAST SpaceMobile
Partnered with Blue Origin; shares fell ~15% after a Blue Origin explosion during a ground test.
