24H | Nvidia and Tesla Rebound 1%; IREN and Cipher Mining Rally 2%; Intuit Gains 4%; Gap Jumps 6%; Elastic Sinks 13%
Gap beat Wall Street expectations for third-quarter comparable sales and profit, helped by strong marketing-driven demand for its Old Navy and Banana Republic brand apparel. Shares of the company rose about 6% in overnight trading.
Intuit forecast second-quarter revenue growth above Wall Street estimate, a sign of growing demand for its artificial intelligence-powered financial management tools. Shares of the company rose around 4% in overnight trading.
Some Crypto stocks rebounded in overnight trading. IREN and Cipher Mining rose 2%; BitMine rose 1%.
Nvidia and Tesla rebounded 1.1% in overnight trading.
Elastic shares fell 12.9% in overnight trading despite the search AI company reporting second-quarter fiscal 2026 results that beat analyst expectations, as investors appeared concerned about future growth prospects despite raised guidance.
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