According to CNBC, shares of Alibaba rose more than 3% premarket after CEO Eddie Wu said at the company's Apsara Conference that Alibaba Cloud plans to operate more than 20 gigawatts of data centers globally by 2032, per FactSet; Wu also launched the Zhenwu V900 chip. Quest Diagnostics and Labcorp Holdings each fell more than 5% after the Centers for Medicare & Medicaid Services (CMS) released a report showing Medicare has been paying 16% more for laboratory services than private payors, adding that it will align most Medicare payments with private sector rates. Vicor advanced 9% after the power electronics company issued third-quarter guidance forecasting sequential revenue growth of more than 20% quarter over quarter, versus prior guidance of nearly 10%. On Holding jumped more than 6% after the Swiss sportswear company set new midterm financial targets at its Investor Day, including net sales of at least CHF5.6 billion by 2029 and a 65% gross profit margin throughout the period, and said it will repurchase up to $1 billion in Class A ordinary shares by December 2029 while reiterating its full-year 2026 outlook. GameStop gained 3.5% after CEO Ryan Cohen disclosed a purchase of 1.2 million shares.