Premarket movers: Mag 7 stocks are mixed (Nvidia +0.6%, Tesla +0.3%, Alphabet +0.1%, Meta +0.1%, Microsoft little changed, Apple -0.1%, Amazon -0.3%, Alliance Laundry Holdings is down 2.1%, set to pare gains after the washer and dryer maker’s stock jumped 13% in its debut session). Applied Digital (APLD) rallies 25% after the firm said it’s now in advanced discussions with a hyperscaler client for its second data center campus in North Dakota. First-quarter revenue was well ahead of estimates due to one-time income from tenant fit-out services. Centrus Energy (LEU) rises 2.4% after Evercore ISI raised its price target on the uranium company to a Street-high 452 from 252 as it sees uranium demand for nuclear energy growing. Elastic (ESTC) is up 9.1% after the software firm boosted its full-year 2026 sales forecast for a second time in two months and announced a 500 million buyback program. Levi Strauss (LEVI) falls 6.3% after the apparel maker’s upgraded earnings guidance still fell short of higher investor expectations following the stock’s 42% rally this year. One key disappointment, according to analysts, is earnings growth failing to match the pace of sales expansion due to tariff and distribution costs. Mosaic (MOS) falls 10% after the fertilizer company said that third-quarter phosphate production fell below what management expected, citing mechanical issues at one plant and utility interruptions at another. Preliminary sales volumes for phosphates fell short of what analysts expected. nCino Inc. (NCNO) rises 2.9% after William Blair upgraded the cloud-banking company to outperform from market perform. Qualcomm (QCOM) drops 1.4% on an antitrust investigation in China over the takeover of connected-vehicle technology provider Autotalks.(zerohedge)