Advertisement
Singapore markets closed
  • Straits Times Index

    3,306.02
    +6.02 (+0.18%)
     
  • Nikkei

    38,596.47
    -36.55 (-0.09%)
     
  • Hang Seng

    18,028.52
    -306.80 (-1.67%)
     
  • FTSE 100

    8,237.72
    -34.74 (-0.42%)
     
  • Bitcoin USD

    64,366.49
    +45.23 (+0.07%)
     
  • CMC Crypto 200

    1,350.73
    -9.60 (-0.71%)
     
  • S&P 500

    5,464.62
    -8.55 (-0.16%)
     
  • Dow

    39,150.33
    +15.57 (+0.04%)
     
  • Nasdaq

    17,689.36
    -32.23 (-0.18%)
     
  • Gold

    2,334.70
    -34.30 (-1.45%)
     
  • Crude Oil

    80.59
    -0.70 (-0.86%)
     
  • 10-Yr Bond

    4.2570
    +0.0030 (+0.07%)
     
  • FTSE Bursa Malaysia

    1,590.37
    -2.32 (-0.15%)
     
  • Jakarta Composite Index

    6,879.98
    +60.66 (+0.89%)
     
  • PSE Index

    6,158.48
    -186.08 (-2.93%)
     

Gap, Marvell, Workday rise premarket; Ulta Beauty falls

Investing.com -- Stocks in focus in premarket trade on Friday, May 26th. Please refresh for updates.

Gap (NYSE:GPS) stock soared 11% after the clothes retailer reported a surprise profit in the first quarter, citing restructuring efforts and easing supply chain costs.

Marvell (NASDAQ:MRVL) stock rose 19% after the chipmaker reported better-than-expected first-quarter results and offered encouraging revenue guidance for the current quarter as artificial intelligence emerges as a key growth driver.

Ulta Beauty (NASDAQ:ULTA) stock fell 8.7% after the beauty chain reported disappointing first-quarter revenue, while comparable sales growth slowed sharply.

ADVERTISEMENT

Workday (NASDAQ:WDAY) stock rose 9.2% after the cloud-software company reported better-than-expected quarterly results and lifted its outlook, with subscriptions revenues up over 20% from last year.

Paramount Global (NASDAQ:PARA) stock rose 5.6% after the Wall Street Journal reported that the media conglomerate’s controlling shareholder secured a $125 million investment.

PDD Holdings (NASDAQ:PDD) stock rose 13% after the Chinese company, which owns e-commerce platform Pinduoduo, beat expectations for first-quarter revenue on demand from price-conscious customers.

RH (NYSE:RH) stock fell 2.8% after the company, which specializes in furnishings and fittings for luxury homes, trimmed its outlook on margins as it looks to clear inventory, overshadowing healthy first-quarter results.

Costco (NASDAQ:COST) stock fell 0.5% after the big-box retailer disappointed with its third quarter results, citing a one-time charge to discontinue charter shipping activities.

Related Articles

Gap, Marvell, Workday rise premarket; Ulta Beauty falls

Sanctions, pressure on foreign banks destabilising Russia's FX market -central bank

Pharmacy chain Walgreens Boots Alliance to cut corporate jobs by 10%