Pre-market movers showing some life today:

$CRWV popping 18% on the AI infrastructure wave—beat earnings, raised guidance, backlog building. That's the kind of setup that keeps running.

$SMCI up 8.5% after crushing profit expectations with guidance that actually means something. Server demand isn't slowing down.

$LITE gaining 8% on solid quarterly numbers and an outlook that didn't disappoint. Optical components still have legs.

$HRB jumping 13% after beating across the board, lifting full-year targets, and sweetening the dividend. Tax season optimism or just good execution?

$ORCL planning more job cuts this month—some teams could see double-digit percentage reductions. Stock up 1.7% anyway. Market doesn't care about headcount when margins expand.

$NBIS climbing 13% on impressive Q2 metrics. Small cap with momentum.

$GAP down 1.5% after a Jefferies downgrade. Retail remains a show-me story.

ES +0.3%, NQ +0.7%, RTY +0.3%. Tech leading again.