Shares of identity management software maker Okta (OKTA)
fell 14% in the morning session after the company reported mixed first quarter 2025 (fiscal 2026) results as it only reconfirmed full-year revenue guidance, which was in line with Wall Street's estimates.
Shares of young adult apparel retailer Abercrombie & Fitch (NYSE:ANF) jumped 23.5% in the morning session after the company reported impressive first-quarter 2025 results, which beat analysts' sales and EPS expectations.
Shares of video game retailer GameStop (NYSE:GME)
fell 11.4% in the morning session after the company announced its first purchase of Bitcoin (4,710 Bitcoin) valued at more than $500m. The purchase was announced on a day when crypto assets were losing momentum.
Shares of luxury ski resort company Vail Resorts (NYSE:MTN) jumped 13.2% in the morning session after the company announced the return of Rob Katz as CEO, replacing Kirsten Lynch. Katz, who previously held the chief executive role from 2006 to 2021 and currently serves as executive chair. For investors, Katz's leadership is likely to inspire confidence, given his history of driving growth and expanding Vail's resort portfolio.
Walmart (WMT) is expanding into the fuel business, planning to open over 45 gas stations across the U.S. this year—a move that could intensify competition with Costco (COST) and other warehouse clubs, according to Men's Journal.
Motorola Solutions, Inc. (NYSE: MSI) to acquire Silvus Technologies and subsidiaries for $5.0 billion, combining their expertise to provide secure communications worldwide.
Telegram founder Pavel Durov announced the agreement on X, stating that the one-year deal includes a $300 million payment from xAI, comprising a mix of cash and equity.
Opera Neon includes an integrated AI assistant that engages with users in real-time, enabling web searches, delivering in-depth contextual responses, and simplifying access to key browser functions.
Shares of CoreWeave fell Wednesday despite no new news, pulling back from recent all-time highs. The decline follows strong gains fueled by impressive earnings and strategic partnerships, like with OpenAI.
Microsoft announced that it has signed an agreement with Sublime Systems to buy more than 600,000 tons of low-carbon cement, with the purchase agreement aimed at helping the technology giant address its carbon footprint.
