Biggest stock movers Tuesday: CRDO, BMBL, and more

Stock futures dipped slightly Tuesday as the focus continued to be on global trade tensions, with the Trump administration reportedly pressing countries to submit their best trade offers by Wednesday.

Here are some of Tuesday’s biggest stock movers:

Biggest stock gainers

• Credo Technology (NASDAQ:CRDO) +13% — Shares surged after FQ4 revenue jumped 179% Y/Y, topping estimates. For Q1 FY2026, the company guided revenue between $185M and $195M, with a $190M midpoint well above the $162M consensus. Gross margin is expected in the 63.4%–65.4% range.
• Applied Digital (NASDAQ:APLD) +8% – Shares extended gains after a 48% jump the previous session, following the announcement of two 15-year lease agreements with AI hyperscaler CoreWeave (CRWV), expected to generate $7B in total revenue. Applied Digital will deliver 250 megawatts of IT critical load at its Ellendale, N.D., data center campus to support CoreWeave’s AI and high-performance computing infrastructure, with an option for an additional 150 MW. The Ellendale campus, designed to eventually provide up to 1 gigawatt, aims to bring its first 100 MW data center online in Q4 2025, a 150 MW building by mid-2026, and a third 150 MW building by 2027.

Biggest stock losers

• Bumble (NASDAQ:BMBL) -5% – Shares slid after JPMorgan downgraded the stock to Underweight from Neutral, citing limited upside following a more than 50% rally since President Donald Trump’s “Liberation Day” tariff announcements. Analyst Cory Carpenter said the stock now trades above his price target and noted difficulty in justifying an upward revision amid expectations for accelerating declines in revenue and paying users, regardless of the broader macro environment. He added that the online dating category remains pressured, particularly due to Gen Z product-market fit issues. The firm set a price target of $5, implying a 13% downside from the previous close.