SoFi Technologies jumped 15% after raising its full-year revenue forecast to $5.04 billion, while Pentair gained 13% following an improvement in its sales outlook. Artificial intelligence infrastructure stocks also rallied on optimism about Anthropic’s plans to go public and the financing of $63 billion in Broadcom technology; Nebius rose 11%, Astera Labs gained 9%, and Western Digital and Bloom Energy added 8%. Xylem fell nearly 12% after cutting its profit outlook, Boeing declined 9%, and Whirlpool lost 2%. PayPal, United Parcel Service, Royal Caribbean, Celestica, and Cadence Design Systems advanced after beating estimates or raising forecasts, while JetBlue surged more than 20% despite a quarterly loss and an expected sharp increase in fuel prices. Nvidia announced a $3 billion investment in Meta Platforms, whose shares fell 0.8%, while Nvidia gained 1%.
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