24H|CoreWeave Jumps Another 5% After Soaring 25%; HPE Gains 4%; CrowdStrike and Asana Sink 7%

Tiger Newspress
2025/06/04

CoreWeave shares gained another 4.7% in overnight trading. CoreWeave shares rocketed more than 25% on Tuesday, as a range of artificial intelligence infrastructure and data center stocks made gains.

Hewlett Packard Enterprise beat Wall Street's second-quarter revenue and profit estimates, driven by demand for its artificial-intelligence servers and hybrid cloud segment. Shares of the server-maker, which also recorded an impairment charge of $1.36 billion in the reported quarter, rose 4% in overnight trading.

Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets after the U.S. Federal Reserve lifted the regulatory measure, allowing the bank to pursue unimpeded growth. The shares gained 3% in overnight trading.

CrowdStrike forecast second-quarter revenue below Wall Street estimates, signaling weaker government and enterprise spending on cybersecurity products, sending the company's shares down 6.6% in overnight trading.

Asana reported better-than-expected first quarter results but saw its shares drop 7.1% in overnight trading as revenue growth continued to decelerate.

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