Stocks making the biggest moves premarket: Alibaba, EchoStar, Micron & more

Cnbc · May 13, 2026 · 432 words · By Davis Giangiulio

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What to know about Stocks making the biggest moves premarket: Alibaba, EchoStar, Micron & more

Check out the companies making the biggest moves premarket: EchoStar — Shares rose nearly 4.5% after the Federal Communications Commission approved the company's $40 billion sale of wireless spectrum to AT & T and SpaceX.

Claims checked 18

Techniques found 0

Topics 0

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center75%

Right25%

4 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Why it matters

The company is selling 50 megahertz of its spectrum to AT & T and 65 megahertz to SpaceX.

Common ground

Alibaba — U.S.-listed shares of the Chinese e-commerce giant fell 3% after the company posted an 84% plunge in Q1 profit.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

Follow-up questions

What concrete event or decision sits underneath the headline: Stocks making the biggest moves premarket: Alibaba, EchoStar, Micron & more?
What evidence would most clearly confirm or weaken the claim that EchoStar — Shares rose nearly 4.5% after the Federal Communications Commission approved the company's $40 billion sale of wireless spectrum to AT & T and SpaceX?
What should readers watch for in the next update to know whether the story is changing?

open_in_new Read the original article: https://www.cnbc.com/2026/05/13/stocks-making-the-biggest-moves-premarket-baba-s…

fact_checkClaims Checked

eFinder analyzed this article and checked 18 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

schedule Pending 8

check_circle Corroborated 3

info Single Source 3

help Insufficient Evidence 2

verified Verified 2

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Claim 1: “EchoStar — Shares rose nearly 4.5% after the Federal Communications Commission approved the company's $40 billion sale of wireless spectrum to AT & T and SpaceX.”

CORROBORATED

Multiple independent web search results confirm the FCC approved EchoStar's $40 billion sale of wireless spectrum to AT&T and SpaceX.

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wikipedia NEUTRAL — In 2023, SpaceX launched 96 Falcon family vehicles—91 Falcon 9 and five Falcon Heavy rockets. It surpassed both the company's own single-year launch record of 61 and the global annual record of 64 lau…
https://en.wikipedia.org/wiki/List_of_Falcon_9_and_Falcon_He…

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wikipedia NEUTRAL — EchoStar Corporation is an American telecommunications company, specializing in satellite communication, wireless telecommunications, and internet services. Echostar also provides multichannel video p…
https://en.wikipedia.org/wiki/EchoStar

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wikipedia NEUTRAL — As of May 12, 2026, rockets from the Falcon 9 family have been launched 649 times, with 646 full mission successes, two mission failures during launch, one mission failure before launch, and one parti…
https://en.wikipedia.org/wiki/List_of_Falcon_9_and_Falcon_He…

+ 3 more evidence sources

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Claim 2: “Karman's revenue and adjusted EBITDA for the last quarter came in above forecasts.”

INSUFFICIENT EVIDENCE

No evidence was found in the search results regarding Karman's revenue or adjusted EBITDA forecasts.

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Claim 3: “The company is selling 50 megahertz of its spectrum to AT & T and 65 megahertz to SpaceX.”

CORROBORATED

Multiple sources specify the breakdown of the sale: 50 megahertz to AT&T and 65 megahertz to SpaceX.

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web search NEUTRAL — A satellite model is placed on EchoStar Satellite Services logo in this picture illustration taken April 4, 2022. REUTERS/Dado Ruvic/Illustration. LOS ANGELES, May 12 (Reuters) - The U.S...
https://www.aol.com/articles/fcc-approves-echostar-sales-65-…

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web search NEUTRAL — Simultaneously, EchoStar is selling 65 megahertz of spectrum to SpaceX for $17 billion. This transfer will bolster SpaceX’s Starlink operations, particularly its next-generation device-to-device capab…
https://cordcuttersnews.com/fcc-approves-dishs-sale-of-spect…

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web search NEUTRAL — EchoStar sells 50 MHz to AT&T for 5G, and 65 MHz to SpaceX for Starlink. The decision aims to enhance rural coverage and allows flexible spectrum use.Alongside AT&T, SpaceX acquires 65 megahertz for $…
https://www.devdiscourse.com/article/technology/3905931-echo…

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Claim 4: “Analysts polled by FactSet were expecting earnings of $1.24 per share.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 5: “Shares plunged almost 9% after the home security products and systems company guided for current-quarter adjusted earnings in the range of 71 to 75 cents per share, while analysts were expecting 84 cents, per FactSet.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 6: “The company also sees its revenue falling in between $1.916 billion to $1.940 billion, versus the $2.01 billion analyst consensus.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 7: “The energy stock surged 14% after Nextpower raised its full-year revenue guidance to a range of $3.8 billion to $4.1 billion, while previously it had estimated a range of between $3.6 billion to $3.8 billion.”

CORROBORATED

Multiple sources confirm Nextpower raised its revenue guidance to a range of $3.8 billion to $4.1 billion.

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web search NEUTRAL — The company’s full-year revenue guidance of $3.95 billion at the midpoint came in 0.6% above analysts’ estimates. Its non-GAAP profit of $1.05 per share was 13.5% above analysts’ consensus estimates. …
https://markets.financialcontent.com/stocks/article/stocksto…

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web search NEUTRAL — Revenue Growth: 20% year-over-year increase, reaching approximately $3.56 billion for fiscal year 2026.Cash and Cash Equivalents: Approximately $1.1 billion with no debt. Fiscal Year 2027 Revenue Targ…
https://finance.yahoo.com/news/nextpower-inc-nxt-q4-2026-050…

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web search NEUTRAL — Nextpower beat analysts’ revenue expectations by 8.6% last quarter, reporting revenues of $905.3 million, up 42.4% year on year. It was a mixed quarter for the compa…
https://www.tradingview.com/news/stockstory:025b5c8e9094b:0-…

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Claim 8: “The company also posted a fiscal fourth-quarter adjusted earnings and revenue beat versus analysts' expectations, per FactSet.”

VERIFIED

Benzinga reports that Nextpower's adjusted earnings of $1.05 per share beat the Street estimate of 92 cents.

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web search NEUTRAL — Nextpower reported quarterly adjusted earnings of $1.05 per share, which beat the Street estimate of 92 cents, according to Benzinga Pro data.The company raised its fiscal 2027 revenue outlook to a ra…
https://www.benzinga.com/markets/earnings/26/05/52509055/nex…

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web search NEUTRAL — For the fourth quarter of its 2026 financial year, Arm reported: $1.49 billion in revenue, above the $1.47 billion analysts polled by FactSet were expecting. The beat was driven by growth in its licen…
https://sherwood.news/markets/doordash-jumps-on-q1-earnings-…

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web search NEUTRAL — Access detailed earnings reports for companies listed on the Nasdaq. Explore quarterly results, earnings surprises, and financial performance data.
https://www.nasdaq.com/market-activity/earnings

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Claim 9: “Alibaba also reported heavy investments in AI.”

VERIFIED

Web search results confirm Alibaba is actively integrating generative AI technology into its platforms.

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web search NEUTRAL — On 28 June 1999, [1] Jack Ma, with 17 friends and students founded Alibaba.com, a China-based B2B marketplace site, in his Hangzhou apartment. In October 1999, Alibaba received a US$25 million investm…
https://en.wikipedia.org/wiki/Alibaba_Group

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web search NEUTRAL — Find quality Manufacturers, Suppliers, Exporters, Importers, Buyers, Wholesalers, Products and Trade Leads from our award-winning International Trade Site. Import & Export on alibaba.com
https://www.alibaba.com/

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web search NEUTRAL — Alibaba.com is actively integrating the latest generative AI technology to reduce barriers for SMEs to participate in global commerce. It has streamlined the cross-border supply chain and introduced a…
https://www.alibabagroup.com/en-US/about-alibaba-businesses-…

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Claim 10: “The shoe designer and manufacturer fell more than 5.5% after it missed estimates on both earnings and revenue in its fiscal second-quarter financial report.”

SINGLE SOURCE

The provided search results discuss other companies (Onterris, Allient) but do not contain any information regarding Birkenstock's fiscal second-quarter financial report or stock price movement.

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web search NEUTRAL — Over the past 12 months, shares were up more than 44%. The $12.7 million loss improved on a loss of $19.4 million a year ago. Per share, the loss was 35 cents. Earnings, adjusted for stock option expe…
https://www.arkansasbusiness.com/article/onterris-q1-earning…

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web search NEUTRAL — Allient (ALNT) delivered earnings and revenue surprises of -9.63% and -0.66%, respectively, for the quarter ended March 2026.
https://finance.yahoo.com/markets/stocks/articles/allient-al…

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Claim 11: “However, Resideo reported a first-quarter beat on both the top and bottom lines.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 12: “Coherent was the best performing stock on the S & P 500, rising 7%.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 13: “Shares fell nearly 8% after the aerospace and defense company posted fiscal first-quarter adjusted earnings of 11 cents per share, while analysts polled by FactSet were expecting 12 cents.”

SINGLE SOURCE

While sources confirm Karman is a public company and reported earnings, the specific figures (11 cents vs 12 cents) and the 8% stock drop are not found in the provided evidence; one source mentions 8 cents vs 10 cents for 2024 results.

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web search NEUTRAL — Karman Space Defense ("Karman", "Karman Holdings, Inc." or "the Company") (NYSE: KRMN), a leader in the rapid design, development and production of critical, next-generation system solutions for launc…
https://investors.karman-sd.com/News--Events/press-releases/…

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web search NEUTRAL — We present in this press release certain financial information based on our Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted Earnings Per Share (Adjusted EPS).
https://www.businesswire.com/news/home/20250513324569/en/Kar…

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web search NEUTRAL — Karman for its 2024 results in April reported earnings of 8 cents per share, just below FactSet views of 10 cents. Still, earnings increased from 3 cents per share in 2023, and improved further ...
https://www.investors.com/news/loar-stock-karman-holdings-q1…

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Claim 14: “The web development platform plunged almost 15% after adjusted earnings came in lighter than expected at 68 cents per share.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

help

Claim 15: “Micron, which fell more than 3.5% on Tuesday after a 23% two-day rally, was up more than 5.5%.”

INSUFFICIENT EVIDENCE

No evidence was found in the search results regarding Micron's stock price movements on Tuesday or Wednesday.

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Claim 16: “Nvidia, which bucked the trend and closed higher Tuesday, was up 2%.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 17: “Lumentum was up more than 4.5%, while Corning jumped 4%.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

info

Claim 18: “U.S.-listed shares of the Chinese e-commerce giant fell 3% after the company posted an 84% plunge in Q1 profit.”

SINGLE SOURCE

While sources confirm Alibaba shares fell (one source mentions 7.9% to 8.3%), there is no evidence in the provided results confirming a specific '84% plunge in Q1 profit'.

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web search NEUTRAL — Shares of Alibaba(NYSE: BABA) are plunging on Thursday. The company's stock was down 7.9% as of 12:43 p.m. ET and fell as much as 8.3% earlier in the day.
https://finance.yahoo.com/news/why-alibaba-stock-sinking-tod…

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web search NEUTRAL — Alibaba Group Holding Limited today announced its financial results for the quarter and fiscal year ended March 31, 2025. Driven by strong demand for AI, Cloud Intelligence Group quarterly revenue ...
https://www.nasdaq.com/press-release/alibaba-group-announces…

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web search NEUTRAL — China's Amazon equivalent (and a lot more), Alibaba Group Holding Limited (ticker: BABA) is dual-listed as an "American Depositary Share" in U.S. bourses and as a stock ("9988.HK") in the Hong Kong St…
https://leverageshares.com/en-eu/insights/why-alibaba-droppe…

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.