Here are some stocks with the biggest price movements during intraday trading. CoreWeave — The cloud company’s stock soared 8% after announcing a multi-year deal with Perplexity. AI companies power next-generation inference workloads on CoreWeave’s platform. Broadcom — Shares rose 2% ahead of the semiconductor maker’s first-quarter earnings report, which was expected after the bell. Analysts surveyed by LSEG expected earnings of $2.03 per share on revenue of $19.18 billion. Dow Co. – KeyBank raised the stock from sector weight to overweight, saying higher oil prices will benefit Dow and other U.S. ethylene producers. After the phone call, the company’s stock price rose 4%. The company said about 11% to 15% of the world’s ethylene production capacity is directly related to the Iran conflict, and inventories in the United States and Europe are in short supply, according to FactSet. KKR — The alternative asset manager’s stock rose 3% after a prominent insider disclosed a purchase of the stock. Co-CEOs Scott Nuttall and Joseph Bay bought KKR stock last week for a total of $8.8 million, according to a filing with the Securities and Exchange Commission. Brown-Forman – The maker of Jack Daniel’s whiskey reversed pre-market gains and ended up down more than 6%. Management said on the conference call that cost pressures related to the company’s cask whiskey are expected to continue, and that the cost of the casks themselves could pose a “year-over-year challenge” to next year’s gross profit, according to a FactSet transcript of the call. Moderna — The biotechnology company rose 12% after the company said it agreed to pay up to $2.25 billion to settle a lawsuit with Arbutus Biopharma and Genevan Sciences over coronavirus vaccine patents. Ross Stores — Shares soared 7% after the off-price retailer reported better-than-expected fourth-quarter results that showed increased sales. The company’s earnings per share were $2.00, beating analysts’ consensus estimates of $1.90, according to FactSet. Revenue also came to $6.64 billion, significantly exceeding analysts’ expectations of $6.42 billion. CrowdStrike — Shares rose about 3% after the cybersecurity company released strong forward-looking guidance for the first quarter and full year. The company expects first-quarter sales of $1.36 billion to $1.364 billion and earnings per share, excluding certain items, of $1.06 to $1.07. This is significantly higher than analysts’ consensus estimates for revenue of $1.35 billion and earnings of $1.06 per share, according to FactSet. CrowdStrike expects full-year earnings per share of $4.78 to $4.90, excluding certain items, compared to a consensus of $4.80. Coinbase – The cryptocurrency trading platform’s stock rose 15% after President Donald Trump announced his support for the Digital Asset Market Structure Act. In a social media post on Tuesday, he called on banks to “strike good deals with the crypto industry because it’s in the best interest of the American people.” Bitcoin Treasury Play Strategy stock rose more than 10%, while Robinhood rose 7%. Bitcoin itself was last up 7%, trading around $73,000. Abercrombie & Fitch — Shares fell more than 4% after the apparel retailer reported mixed fourth-quarter results. Excluding certain items, the company’s earnings per share were $3.68, compared with analysts’ estimates compiled by FactSet of $3.57. Sales matched analyst estimates of $1.67 billion. Abercrombie & Fitch also issued a lackluster outlook, with first-quarter earnings of $1.20 to $1.30 per share, well below analysts’ expectations of $1.45 per share. The company also expected sales growth to be lower than expected. Box — The content management provider beat fourth-quarter revenue and revenue expectations and provided strong guidance for the current quarter. Box reported fourth-quarter adjusted earnings per share of 49 cents on revenue of $305.9 million. Analysts surveyed by LSEG had expected fourth-quarter earnings of 34 cents per share on revenue of $304 million. The stock price rose more than 8%. GitLab — Software stocks fell 8% after GitLab’s fiscal 2027 guidance came in lower than expected. The company guided for fiscal year sales of between $1.099 billion and $1.118 billion, compared to LSEG’s forecast of $1.12 billion. Adjusted earnings for the fiscal year are expected to be in the range of 76 cents to 80 cents per share, falling short of expectations of $1.05 per share. — CNBC’s Pia Singh, Michelle Fox, Christina Cheddar-Berk, Nick Wells and Darla Mercado contributed reporting.
