Benzinga's Top #PreMarket Gainers

Ballard Power Systems BLDP shares gained 7.94% to $4.28 in pre-market trading after the company closed a strategic intellectual property transaction with United Technologies UTX. Baidu BIDU soared 4.81% to $167.42 in the pre-market trading after the company reported upbeat quarterly earnings. SunPower SPWR shares jumped 3.06% to $33.00 in pre-market trading after the company reported stronger-than-expected first-quarter results. SunPower reported its earnings of $0.49 per share on revenue of $683.70 million. Microsoft MSFT surged 2.68% to $40.93 in the pre-market session after the company reported better-than-expected fiscal third-quarter earnings. Microsoft's quarterly profit declined to $5.66 billion, or $0.68 per share, versus a year-ago profit of $6.06 billion, or $0.72 per share. Its revenue came in at $20.4 billion. However, analysts were expecting earnings of $0.63 per share on revenue of $20.39 billion.