Five US stocks rose between 14% and 31% on Thursday, during regular or after-hours trading, while the Nasdaq sank 5.52%. The drop erased the Dow's post-election gains, over fears a Democratic sweep might curb data-center spending, pushing Nvidia lower by 9% and Broadcom by 10%. AppLovin closed 31.04% higher after third-quarter revenue grew 55% to $2.18 billion, though it slipped after hours. Warby Parker gained 22.55% following 10.4% revenue growth and announced advance orders for its debut pair of smart glasses. EPAM Systems rose 21.55% once it increased its buyback authorization by $1.5 billion. Cloudflare dropped 8.3% before its report, then climbed by at least 14% in evening trading. JFrog surged 25% once it lifted its annual forecast.
Why it matters: The article suggests company-specific earnings news can lift individual stocks even as broader worries about AI spending and midterms weigh on the wider index.
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