Several companies moved sharply before the bell. Alibaba shares gained more than 3% 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; he also launched the Zhenwu V900 chip. Quest Diagnostics and Labcorp Holdings each fell more than 5% after the Centers for Medicare & Medicaid Services reported that Medicare has been paying 16% more for laboratory services than private payors and said it would align most Medicare payments with private-sector rates. Vicor rose 9% after forecasting third-quarter sequential revenue growth of more than 20%, compared with previous guidance of nearly 10%. On Holding jumped more than 6% after setting midterm targets that include at least CHF5.6 billion in net sales by 2029 and a 65% gross-profit margin throughout the period. The company also authorized repurchases of up to $1 billion in Class A ordinary shares by December 2029 and reiterated its full-year 2026 outlook. GameStop gained 3.5% after CEO Ryan Cohen disclosed buying 1.2 million shares.