News Powered By AI
News Powered By AI
BYD shares declined nearly 5% in Hong Kong after the Chinese EV maker reported first-half earnings showing revenue fell 7.1% while net profit dropped 20.5% amid fierce industry competition.
Palo Alto Networks beat quarterly estimates as AI security concerns drive customer demand for its cybersecurity tools, though shares fell in extended trading following earnings.
Broadcom shares rose in extended trading after issuing an optimistic fiscal year outlook and highlighting growing business with artificial intelligence laboratories.
Snowflake shares surged 22% in after-hours trading following stronger-than-expected fiscal second-quarter results and raised full-year revenue guidance, buoyed by momentum in its AI coding agent.
Zscaler beat fiscal fourth-quarter earnings expectations and issued upbeat guidance, but its stock fell on Friday as the cloud security company navigated investor concerns.
Lululemon shares plunged 20% in premarket trading after the apparel retailer reported declining revenue and comparable sales, along with reduced full-year guidance.
