Major U.S. indices closed higher on Wednesday, with the Dow Jones Industrial Average rising 0.19% to 52,475.10, while the S&P 500 gained 0.28% to 7,743.98 and the Nasdaq advanced 0.27% to 26,549.85.
These are the top stocks that gained the attention of retail traders and investors through the day.
Alphabet Inc. (NASDAQ:GOOG)
Alphabet Class C closed at $321.89, up 1.60%, after trading between $319.68 and $323.13. Its 52-week range is $268.43 to $404.44. In the after-hours session, the stock crashed 9.75% to $290.52. Alphabet’s Class A shares also trended, ending the day 1.34% higher at $324.89. In extended trading, the Class A stock fell sharply by 9.97% to $292.50.
Alphabet reported third-quarter revenue of $127.58 billion, up 25% year over year but below the $128.20 billion analyst estimate, while EPS came in at $2.12, compared with estimates of $3.02 that may not be directly comparable. Google Cloud revenue more than doubled to $30.71 billion, while Search revenue rose to $63.35 billion, as the company highlighted accelerating AI adoption and more than one billion Gemini app users.
Microsoft Corporation (NASDAQ:MSFT)
Microsoft finished at $531.01, down 0.06%, with an intraday high of $535 and a low of $526.14. The stock’s 52-week high is $551.15, while its low is $349.20. Shares rose 2.88% to $546.30 in after-hours trading.
Microsoft reported fiscal first-quarter revenue of $92.28 billion, up 19% year over year and above the $90.66 billion analyst estimate, while adjusted EPS of $4.89 beat expectations of $4.72. Growth was driven by a 30% increase in Microsoft Cloud revenue to $63.9 billion and a 48% surge in Azure revenue, offsetting a 3% decline in Devices and Consumer revenue.
ServiceNow Inc. (NYSE:NOW)
ServiceNow closed at $150.13, falling 3.03%, after reaching $155.15 at the session high and $148.22 at the low. Its 52-week trading range is $81.24 to $192.97. In extended trading, the stock nosedived 18.1% to $122.95.
ServiceNow reported third-quarter revenue of $4.11 billion, up 20.5% year over year and slightly above the $4.10 billion analyst estimate, while adjusted EPS of $1 missed expectations of $1.02. The company projected fourth-quarter subscription revenue of $4.245 billion-$4.255 billion and raised its 2026 annual AI contract value forecast to $1.7 billion, while announcing expanded partnerships with OpenAI, HPE and Stagwell.
Lumentum Holdings Inc. (NASDAQ:LITE)
Lumentum ended at $913.95, gaining 5.52%, after moving between $872.40 and $921. Its 52-week high is $1,143, and its low is $184.20. The stock shot up 8.65% to $992.98 in after-hours trading.
Marvell Technology was reportedly in advanced talks to acquire Lumentum, an optical components maker valued at approximately $83 billion, with a potential deal announcement as early as next week, although no agreement had been finalized. The acquisition could strengthen Marvell’s AI data center infrastructure business by bringing a key laser supplier in-house, building on its $3.25 billion Celestial AI acquisition and expanding its position in optical networking technology.
Oracle Corporation (NYSE:ORCL)
Oracle closed at $144.54, up 10.73%, following an intraday high of $148.48 and low of $128.38. Its 52-week range spans $114.50 to $281.62. The shares fell 2.41% to $141.05 in extended trading.
Oracle set a fiscal 2030 revenue target exceeding $225 billion, with adjusted EPS of at least $21 and operating margins above 40%, while reaffirming its fiscal 2027 revenue forecast of at least $90 billion and adjusted EPS of $8.10. The company projected capital spending would peak in fiscal 2027-2028 before declining in 2029, when free cash flow was expected to reach at least $30 billion, while limiting new capital raises to $20 billion through fiscal 2030.
Benzinga Edge rankings indicate Alphabet Class C stock has a Momentum score in the 48th percentile and a Value score in the 48th percentile.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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