Closing Bell Movers: Pinterest jumps 15% on earnings beat; Palantir slips

Escalating geopolitical tension in the Middle East, with Iran claiming that two missiles have struck a U.S. naval ship and President Trump refusing to acknowledge that a ceasefire is holding, has re-introduced heightened volatility in risk assets to start the week.   All major indices were down in Monday’s trade with Energy being the only S&P 500 sector to end the day in positive territory as WTI Crude Oil jumping above $107 a barrel.   Materials and Industrials were the worst-performing sectors, with investors also having sold U.S. Treasuries amid ongoing concerns of higher energy costs feeding into elevated inflation – the yield on the 10-year was above 4.4% and that of the 30-year exceeded the 5% mark. 

Unlike last week, where strong results and constructive earnings call commentary from mega-cap tech revived positive sentiment afterhours, Monday’s evening session is more subdued, with S&P E-Mini’s flat and Nasdaq 100 contract down a decimal. In precious metals, the second consecutive session of gains in the US Dollar has pressured gold and silver below $4,530 and $74 per ounce respectively.  WTI Oil is off the highs but still above $105 per barrel. 

Check out this evening’s top movers from around Wall Street, compiled by The Fly.

HIGHER AFTER EARNINGS –

• Backblaze (BLZE) up 45.3%
• Sterling Infrastructure (STRL) up 21.3%
• EverQuote (EVER) up 17.0%
• Pinterest (PINS) up 15.2%
• V2X, Inc. (VVX) up 12.6%
• Sonos (SONO) up 5.5%
• Grab Holdings (GRAB) up 2.2%
• Paramount Skydance (PSKY) up 1.8%

ALSO HIGHER –

• Fidelity National Information (FIS) up 6.0% after announcing  Agentic AI partnership with Anthropic

DOWN AFTER EARNINGS –

• GeneDx Holdings (WGS) down 38.6%
• Ichor Holdings (ICHR) down 13.8%
• Duolingo (DUOL) down 12.7%
• Fabrinet (FN) down 10.8%
• Advanced Energy Industries (AEIS) down 8.5%
• On Semi (ON) down 4.2%
• Palantir (PLTR) down 3.0%
• Vertex Pharmaceuticals (VRTX) down 1.1%

ALSO LOWER –

• Viatris (VTRS) down 4.6% after disclosing CFO transition