Stocks generating the biggest moves following hrs: Ulta Magnificence, Hole, Affirm, Marvell Technology and additional

Stocks generating the biggest moves following hrs: Ulta Magnificence, Hole, Affirm, Marvell Technology and additional


Pedestrians wander previous a Gap Inc. retailer in Shanghai, China.
Qilai Shen | Bloomberg | Getty Visuals

Verify out the providers making headlines in extended buying and selling.

Affirm — The purchase-now-spend-afterwards darling’s shares slid nearly 14% right after hrs when it described a more substantial-than-predicted quarterly decline of 65 cents per share, according to Refinitiv. It also issued weak revenue advice for its fiscal to start with quarter and whole yr.

Ulta Natural beauty — The magnificence retailer’s stock climbed more than 3% in extended investing just after it described earnings for the most new quarter that conquer estimates by 70 cents for each share, according to Refinitiv. Ulta also lifted its whole-12 months earnings and revenue assistance.

Gap — The clothes retailer rallied 10% in late trading after submitting a quarterly income, excluding 1-time things, of 8 cents for every share. Its income arrived in at $3.86 billion, 8% down below the prior 12 months but larger than estimates of $3.82 billion, in accordance to Refinitiv.

Workday — The cloud vendor’s shares jumped practically 12% following it posted superior-than-anticipated earnings and revenue for its most new quarter, according to Refinitiv. The enterprise also reaffirmed its entire-yr steerage, although it really is not equivalent to estimates owing to membership revenues.

Marvell Technologies — The chipmaker’s shares slipped about 3% inspite of a quarterly earnings beat. The company issued somewhat weaker-than-anticipated earnings and income direction for the third quarter, according to Refinitiv consensus estimates.



Source

Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
Finance

Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most

It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson […]

Read More
This under-the-radar ETF trend may be flashing a warning signal for the market
Finance

This under-the-radar ETF trend may be flashing a warning signal for the market

ETF Edge This under-the-radar ETF trend may be flashing a warning signal for the market Published Sat, Aug 23 202511:00 AM EDT Anna Gleason@anna_gle WATCH LIVE Source

Read More
Here’s what current and former Fed officials are saying about Lisa Cook investigation
Finance

Here’s what current and former Fed officials are saying about Lisa Cook investigation

Key Points Current and former Federal Reserve officials have offered their thoughts about the Trump administration’s recent mortgage fraud allegations toward Fed Governor Lisa Cook. Former Boston Fed President Eric Rosengren told CNBC on Friday that “until there’s some facts out, I don’t think people should draw any conclusion,” while others such as Cleveland Fed […]

Read More