- Lockheed Martin Corporation’s LMT shares jumped 4.3% on defense stocks rallying in the session.
- Shares of The Simply Good Foods Company SMPL rose 6.6% after reporting first-quarter fiscal 2026 earnings of 39 cents, beating the Zacks Consensus Estimate of 36 cents.
- Alphabet Inc.’s GOOGL shares rose 1.1% after overtaking Apple Inc. AAPL in market capitalization for the first time in more than six years, while Apple slipped 0.5%.
- Shares of Neogen Corporation NEOG soared 31.6% after reporting second-quarter fiscal 2026 revenues of $224.69 million, beating the Zacks Consensus Estimate of $209.74 million.
Free Report: Profiting from the 2nd Wave of AI Explosion
The next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives.
Investors who bought shares like Nvidia at the right time have had a shot at huge gains.
But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies.
Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI’s next leap forward.
Access AI Boom 2.0 now, absolutely free >>Lockheed Martin Corporation (LMT) : Free Stock Analysis Report
Apple Inc. (AAPL) : Free Stock Analysis Report
Neogen Corporation (NEOG) : Free Stock Analysis Report
Alphabet Inc. (GOOGL) : Free Stock Analysis Report
The Simply Good Foods Company (SMPL) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
