
Luis Alvarez
Stock futures dipped early Wednesday as traders awaited fresh inflation data and President Trump’s latest tariff announcements alongside upcoming bank earnings.
Here are some of Wednesday’s biggest stock movers:
Biggest stock gainers
- Bitmine Immersion Technologies (BMNR) +23% — Shares surged after a regulatory filing revealed that billionaire investor Peter Thiel has acquired a 9.1% stake in the crypto-mining and treasury firm. The position, totaling ~5.09M shares, was accumulated as of July 8, positioning Thiel as a significant passive investor in the company.
- Global Payments (GPN) +7% — Shares jumped after reports surfaced that activist hedge fund Elliott Management had built a “sizeable” stake in the payments processor. While the exact size of the stake and Elliott’s specific demands remain undisclosed, the move signals potential strategic pressure on the company.
Biggest stock losers
- ASML Holding (ASML) -7% — Shares tumbled despite upbeat Q2 results, with revenue rising 23% Y/Y. The company guided Q3 sales between €7.4B and €7.9B and gross margin of 50%–52% and reiterated its FY25 outlook for 15% revenue growth and ~52% gross margin. However, CEO Christophe Fouquet flagged rising macro and geopolitical uncertainty clouding the 2026 outlook, saying that while growth is still the base case, it “cannot be confirmed at this stage.”
More on related stocks:
- ASML Q2 2025: Numbers Hold Up, Narrative Cracks; I Sell
- ASML: Bull Run May Speed Up After Q2 Earnings
- ASML Q2 Preview: Don’t Expect Elite Growth From An Established Moat
- Peter Thiel’s 9.1% stake in Bitmine sparks 25% surge
- ASML beats top-line and bottom-line estimates; initiates Q3 and updates FY25 outlook