Today’s Most Moving Stocks: Live Updates

AzentaShares of the Massachusetts life sciences company rose 22% after the company reported better-than-expected quarterly profits and guidance.

Fourth-quarter adjusted earnings were 28 cents per share on revenue of $167 million, beating FactSet consensus estimates of 11 cents per share and $160.2 million.

Azenta now expects revenue of $648 million to $660 million for the fiscal year ending September 2027, beating the consensus estimate of $639.2 million.

–Dara Mercado and Nick Wells

Anthropic featured Claude Sheets, Claude Whiteboards, and Claude Data in a blog post.

“We’re introducing new artifact types with Claude Sheets, Claude Whiteboards, and Claude Data. And upgrades to interactive connectors make it easier to work with your most used apps. Claude Meetings is coming soon,” the post states.

The decline reflects investors’ new fears about AI disrupting traditional software.

— Deena Zaidi and Nick Wells

The rise in the amusement resort operator’s stock was driven by heavy insider buying by director Rehan Jaffar, who bought 1.45 million shares in three days.

Other top executives who have made recent purchases include Chief Legal Officer Christopher Bennett, who bought 5,000 shares, and Executive Chairman Richard Hadrill, who bought about 9,000 shares.

— Deena Zaidi and Nick Wells

Traders seized on the stocks of companies involved in artificial intelligence trading as profits soared after the stock price surge. coreweave.

New Jersey-based NeoCloud traded up 26% on the day, rising after better-than-expected quarterly sales and raising its full-year outlook.

shares of corning Jefferies initiated coverage on the materials science company and gave the company a buy rating, sending the stock up more than 10%.

The company’s price target of $134 implies an upside of 19.5% from Tuesday’s closing price.

“Corning, a materials science company with foundations in glass, ceramics and photophysics, has undergone a significant revaluation from a diversified glass maker with consumer electronics and displays to an AI optical infrastructure business,” Jefferies analyst Dushyant Airani said in a note to clients.

— Ananya Chettiar

Department of Energy approves nuclear company Authorization for research, testing and training operations at the Groves Isotope Test Reactor. The stock price rose 6%.

The site, known as Groves-1, is based in Lockhart, Texas. The Department of Energy has authorized unrestricted operation of the facility, which will allow Oklo to test reactor technology and prepare the systems needed to support the operation of other nuclear projects.

The site will also serve as a platform to train personnel for future nuclear reactor deployments.

—Dara Mercado, Nick Wells

Coreweave shares rose 20% Wednesday after NeoCloud reported better-than-expected quarterly profits and raised its full-year outlook.

“The demand for infrastructure has been and remains overwhelming,” CEO Michael Intrater told CNBC’s “Squawk on the Street” on Wednesday.

“I think we said we’re 10 times oversubscribed for the existing capacity left in 2027 and several times oversubscribed for the capacity left in 2028,” he said.

Talen Energy shares rose nearly 5% in premarket trading Wednesday.

This comes after the power generator and energy infrastructure company announced a seven-year agreement to sell 750 megawatts of capacity to an investment grade counterparty.

Talen Energy is expected to generate approximately $100 million in annual revenue through 2036.

This should result in approximately $1 billion in cumulative capacity revenue visibility from these megawatts.

— Paulina Ricos

Next navigationGPS ground backup increased by 9%. Sales in the third quarter nearly doubled from a year earlier, and the company’s quarterly loss narrowed to 4 cents per share from 12 cents a year earlier. Cash, cash equivalents and short-term investments on hand increased from $152.1 million on Dec. 31 to $264.1 million on Sept. 30, the company said.

Reston, Virginia-based NextNav could fall 50% in 2026, giving it a market value of about $1.5 billion, according to FactSet data.

Nvidia The stock rose 5%, reversing some of the steep decline it saw earlier this week after CEO Jensen Huang admitted to having ties to a suspected Chinese spy. The company opened Wednesday trading down nearly 10% week-to-date.

coreweave Shares rose 13% after the neocloud company reported third-quarter revenue that beat analysts’ expectations and a loss that was lower than expected.

The company’s top line was $3.66 billion, a 168% jump from the same period last year. Analysts polled by LSEG had expected sales of $3.55 billion. Coreweave also raised its full-year earnings forecast.