Let’s check out the companies that are becoming a hot topic for after-hours trading. Dell Technologies — The computer maker’s stock rose nearly 9% after beating expectations on both fronts. Dell also raised its fiscal 2027 outlook, citing strength in its artificial intelligence services business. MongoDB — Shares of the data developer fell 12% despite announcing better-than-expected earnings and a positive outlook. MongoDB reported second-quarter earnings of $1.90 per share, or $772 million, excluding items, compared to the expectations of analysts surveyed by LSEG of $1.61 per share, or $734 million. Credo Technology — The connectivity stock’s stock price fell about 4% as its first-quarter non-GAAP gross margin was 68%, compared to 68.3% in an analyst survey conducted by LSEG. However, Credo exceeded expectations in both areas in the first quarter. GitLab — The software stock rose nearly 20% on earnings growth and an upbeat full-year outlook. GitLab had second-quarter revenue of $286 million and earned 24 cents per share excluding items, beating estimates of 18 cents and $273 million, respectively, according to LSEG. Palo Alto Networks — Shares of the cybersecurity stock were mostly flat after a better-than-expected fourth fiscal quarter report. Palo Alto reported revenue of $3.41 billion on $1.02 per share excluding items. LSEG’s estimates were 98 cents and $3.35 billion, respectively.
