Premarket Movers | Dell Jumps Nearly 10%; GitLab Soars 16%; HPE Gains 5%; MongoDB Drops 14%; Credo Sinks More Than 9%

TigerSep 2, 2026 8:02 AM

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Dell's shares rose nearly 10% in premarket trading. Dell Technologies on Tuesday boosted its annual revenue forecast by $25 billion while also raising its profit outlook for the second time this year, driven by soaring demand for its AI servers.

GitLab soared over 16% as Q2 earnings topped estimates and the full-year outlook was raised. GitLab reported Q2 revenue of $286.3 million, up 21.3% year-over-year, beating the consensus estimate of $273.1 million by approximately $13 million. Adjusted EPS came in at $0.24, surpassing the $0.18 estimate by 33%.

Hewlett Packard Enterprise rose 5%. Shares climbed after fiscal third-quarter results, with AI systems revenue surging and bolstering confidence in the company’s infrastructure pipeline.

Credo Technology fell 9.2%. The stock declined despite an earnings beat, with profit-taking and broader sector softness driving the move.

MongoDB Inc. fell 14%. A fiscal second-quarter beat and raised full-year outlook failed to satisfy AI growth expectations, as management kept guidance prudent despite 30% revenue growth.

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