GameStop (NYSE:GME) – GameStop announced an offering of up to 20 million shares. In Q2, GameStop reported revenue of $798.3 million, compared to $1.16 billion in the same period last year. Net income was $14.8 million (4 cents per share), while the prior year showed a $2.8 million loss (1 cent per share). Analysts expected $895.7 million in revenue, marking a significant miss on estimates. Shares dropped 10.9% in pre-market trading after closing down 3.3% on Tuesday.

Trump Media & Technology Group (NASDAQ:DJT) – Trump Media & Technology Group shares rose for the second consecutive day on Tuesday, closing up 3.3% ahead of the Trump vs. Kamala Harris debate and amid expectations that Trump and other insiders may soon sell their shares for the first time. In pre-market trading, shares fell 16.3%.

GSK Plc (NYSE:GSK) – GSK’s experimental herpes vaccine failed to achieve desired efficacy in an initial test, although it did not present safety concerns. The immediate financial impact is limited as the vaccine was not included in revenue forecasts. GSK will continue analyzing the data for future innovations. Shares fell 1.0% in pre-market trading, after closing up 0.4% on Tuesday.

Alphabet (NASDAQ:GOOGL), News Corp (NASDAQ:NWS) – News Corp estimated a $9 million loss in advertising revenue in 2017 due to reliance on Google for ads, as reported by a former executive during the second day of Google’s antitrust trial. She alleged that Google manipulated the market to favor its own tools, limiting options for publishers. The antitrust case aims to prove that Google monopolized the ad market.

Nvidia (NASDAQ:NVDA) – Nvidia investors are concerned about delays in the release of the Blackwell chip, which has faced engineering issues. CEO Jensen Huang is expected to provide updates at the Goldman Sachs conference today. Shares dropped 0.6% in pre-market trading, after closing up 1.5% on Tuesday.

Dell Technologies (NYSE:DELL) – Dell Technologies will continue to reduce its workforce to control costs, facing low demand for PCs and reduced margins in AI servers. The company expects a continued reduction in employee numbers through February 2025, despite stock appreciation and entry into the S&P 500. Shares fell 0.6% in pre-market trading, after closing up 0.7% on Tuesday.

Sony (NYSE:SONY) – Sony announced a PlayStation 5 Pro priced at $700, surpassing the Xbox Series X at $600. The PS5 Pro offers enhanced performance, targeting a loyal audience willing to pay a premium. The strategy may increase Sony’s margins despite high costs and competition with gaming PCs. Shares closed up 2.1% on Tuesday.

Rubrik (NYSE:RBRK) – Rubrik shares closed down 1.5% on Tuesday as the end of its IPO lockup period approaches, typically pressuring prices. Rubrik reported Q2 revenue of $205 million, beating the analyst consensus of $196.2 million. The adjusted loss per share was 40 cents, better than the expected 49 cents per share.

Amazon (NASDAQ:AMZN) – Amazon Web Services (AWS) announced a $10.45 billion investment in the UK over the next five years to expand data centers. The project is expected to contribute £14 billion to the UK GDP and create over 14,000 jobs, driven by demand for cloud and AI services. Shares fell 0.2% in pre-market trading after closing up 2.4% on Tuesday.

FedEx (NYSE:FDX) – FedEx announced that collection and delivery services in Louisiana could be affected by Tropical Storm Francine, which is intensifying into a hurricane. Areas such as New Orleans and Lafayette may face disruptions, with updates to be provided as the storm progresses.

Boeing (NYSE:BA) – Boeing and one of its largest unions reached a tentative agreement that includes a 25% wage increase and plans to build a new plane in Seattle. However, the union expressed dissatisfaction, with many members seeking a 40% raise and pension plan restoration. If the agreement is rejected, the new CEO, Kelly Ortberg, could face a strike that would impact production. Shares fell 0.2% in pre-market trading, after closing up 1.7% on Tuesday.

Ford Motor (NYSE:F) – Ford is negotiating with the state of Tamil Nadu, India, to restart its local production focused on exports. After halting manufacturing in India three years ago due to weak sales, Ford is considering the Chennai plant for electric vehicles and exports. Shares fell 0.1% in pre-market trading after closing down 3.2% on Tuesday.

Honda Motor (NYSE:HMC) – Honda is cutting jobs and pausing production at three plants in China to reduce inventories and adjust its EV strategy. Over 2,000 employees will receive redundancy packages. The company faces a 21.48% drop in sales in China during the first half of 2024 and is adapting to the growth of EVs in the Chinese market. Shares closed down 2.2% on Tuesday.

Nikola (NASDAQ:NKLA) – A U.S. judge ruled that Nikola founder Trevor Milton, convicted of fraud, must pay $167.7 million to the electric truck maker. The decision upholds an arbitration award requiring Milton to cover most of a fine and legal fees. Shares rose 2.1% in pre-market trading after closing down 2.7% on Tuesday.

RTX (NYSE:RTX) – RTX CEO Greg Hayes warned of ongoing global supply chain problems and a shortage of skilled labor in the aerospace industry. Despite high demand, supply chain recovery and shortages of parts and workers remain significant challenges. Shares fell 0.7% on Tuesday.

Airlines – The Biden Administration is drafting a rule that would require compensation for passengers on flights delayed or canceled by more than three hours. Set for January 2025, the measure would mandate cash compensation, meals, and lodging. The goal is to align U.S. practices with those of the EU and other countries.

Southwest Airlines (NYSE:LUV) – Southwest Airlines announced board changes, with Chairman Gary Kelly retiring while CEO Bob Jordan remains. The company is responding to activist investor Elliott’s demands for substantial board reform. Six directors will depart, with new ones potentially nominated by Elliott. Shares closed down 1.6% on Tuesday.

Delta Air Lines (NYSE:DAL) – The FAA is investigating a collision between two Delta planes on a taxiway in Atlanta on Tuesday morning. An Airbus A350 hit the tail of a smaller regional jet, damaging both, but no injuries occurred. Delta re-accommodated passengers and expects no further operational disruptions. Shares rose 0.9% in pre-market trading after closing down 0.6% on Tuesday.

Walt Disney (NYSE:DIS) – DirecTV rejected Walt Disney’s proposal to temporarily restore the ABC network to allow subscribers to watch the presidential debate. DirecTV argued that the three-hour restoration would cause confusion, and subscribers could watch the debate on other networks.

Dave & Buster’s Entertainment (NASDAQ:PLAY) – Dave & Buster’s reported adjusted earnings per share of $1.12, beating estimates of $0.91. Revenue reached $557.1 million, up 2.8% year-over-year, but below the $567.33 million forecast. Despite a 6.3% drop in comparable sales, adjusted EBITDA margin rose to 27.2%. The company expects continued growth in the coming quarters. Shares surged 12.3% in pre-market trading after closing down 0.8% on Tuesday.

Starbucks (NASDAQ:SBUX) – Starbucks’ new CEO, Brian Niccol, focuses on revitalizing U.S. store culture, improving customer service and experience, and optimizing the supply chain and mobile app. Niccol plans to refresh stores, turning them into welcoming environments again after digital orders reduced customer space. He also plans to strengthen the brand in China and address boycott issues in the Middle East. Shares fell 0.2% in pre-market trading after closing up 1.2% on Tuesday.

Tapestry (NYSE:TPR), Capri Holdings (NYSE:CPRI) – Tapestry argues that merging with Capri would allow for price increases and fewer discounts, according to an executive during the trial. The FTC opposes the merger, claiming it would reduce competition and raise prices. The trial, in New York, is expected to conclude soon.

Nike (NYSE:NKE) – At its annual meeting, Nike shareholders rejected a proposal to form binding agreements with workers to improve human rights in the supply chain. The proposal, backed by the Domini Impact Equity Fund, also called for a worker-led social responsibility report. Nike has stated it already has robust labor issue controls. Additionally, Nike canceled its large annual “Just Do It Day” in Oregon, opting for smaller events at global offices. Instead of big celebrity parties, the company will host themed events for sports tournaments and bring athletes for local interactions, due to its significant presence at the Paris Olympics.

Campbell Soup (NYSE:CPB) – Campbell Soup is rebranding to “The Campbell’s Company” to reflect its diversification beyond soups, including sauces and snacks like Goldfish. CEO Mark Clouse emphasized the company’s focus on 16 core brands and announced a $250 million cost-cutting program.

Petco (NASDAQ:WOOF) – Petco exceeded Q2 earnings expectations, reporting $0.06 per share instead of the expected $0.02 loss. Revenue was $1.52 billion, in line with forecasts. The company projects EPS between -$0.03 and -$0.04 next quarter, with revenue of $1.5 billion, below expectations. Shares fell 5.5% in pre-market trading after closing up 7.7% on Tuesday.

Goldman Sachs (NYSE:GS) – Goldman Sachs is set to sell its General Motors credit card business to Barclays in a deal worth approximately $2 billion. The move is part of Goldman’s strategy to focus more on consumer services, which could negatively impact Q3 results. Additionally, the bank appointed Raghav Maliah, Yoshihiko Yano, and Ed Wittig as co-heads of M&A for Asia-Pacific, aiming to expand the region’s coverage. Maliah is based in Hong Kong, Yano is in Japan, and Wittig will join the team later this year. Shares fell 4.4% on Tuesday, following a revenue decline forecast.

Berkshire Hathaway (NYSE:BRK.B) – Berkshire Hathaway reduced its stake in Bank of America by $229 million, lowering it to under $34 billion. It now holds 11.1% of shares after selling 5.8 million shares recently. Continued sales could reduce the stake to 10% or less, eliminating frequent SEC notifications. Regarding Occidental Petroleum, shares fell 15% in 2024, below the average price Berkshire paid. Buffett appears less interested in Occidental, particularly after the company faced financial struggles and maintained high debt.

Bank of America (NYSE:BAC) – Bank of America CEO Brian Moynihan praised Warren Buffett for his investment but mentioned that he didn’t ask for an explanation regarding the recent stake reduction. Berkshire Hathaway has sold nearly $7 billion in BofA shares since July. Moynihan also noted that rising capital requirements could limit the bank’s lending and said that investment banking revenue is expected to remain stable at around $1.2 billion in Q3. Shares fell 0.3% in pre-market trading after closing down 1.7% on Tuesday.

Citigroup (NYSE:C) – Citigroup reported that tech companies are considering IPOs in the U.S. during the last quarter of the year. Paul Abrahimzadeh, co-head of Citigroup’s North American equity capital markets, expects IPO growth to accelerate in 2025, driven by a potential decrease in interest rates. In other news, Citigroup’s chief accounting officer, Johnbull Okpara, resigned to explore new opportunities. Robert Walsh will serve as interim chief accounting officer, while Patrick Scally will be the interim controller. Okpara will assist with the Q3 close and transition, after nearly four years of helping strengthen the bank’s financials.

UBS Group AG (NYSE:UBS) – UBS has developed an AI tool that quickly analyzes data from 300,000 companies to support mergers and acquisitions. The tool helps generate ideas, identify buyers, and assess activist campaigns. While promising, the implementation faces compliance and liability challenges. UBS has been using the tool for a year. Shares rose 0.7% in pre-market trading after closing down 1.3% on Tuesday.

Santander (NYSE:SAN) – Banco Santander announced the sale of a 5.2% stake in its Polish subsidiary, Santander Bank Polska, for $633.6 million. After the sale, Santander will retain a 62.2% stake. The funds will be used for growth and share buybacks. The transaction, at a 7.9% discount, is expected to close by Friday. Shares rose 0.4% in pre-market trading after closing down 2.1% on Tuesday.

HSBC Holdings (NYSE:HSBC) – HSBC has initiated a strategic review of its Malta unit following the appointment of Georges Elhedery as CEO. The bank is evaluating options for its 70% stake in the operation and promised to provide more information in the future. This sale would be the first major transaction under Elhedery’s new leadership.

Charles Schwab (NYSE:SCHW) – Charles Schwab is being sued by Ruth Rootenberg, 92, who lost $278,000 in a scam. The elderly woman claims the brokerage ignored warning signs and failed to prevent fraud. Schwab asserts that it followed its policies and defends its actions. Shares fell 0.3% in pre-market trading after closing up 0.1% on Tuesday.

Corebridge Financial (NYSE:CRBG) – Corebridge Financial CEO Kevin Hogan expects the company’s $5.5 billion alternative portfolio to generate 8% to 9% returns annually over the long term, though it returned about 4% last quarter. He expects similar performance this quarter, with losses in hedge funds offset by gains in real estate.

US Steel (NYSE:X) – Nippon Steel’s vice president, Takahiro Mori, will meet with U.S. officials in Washington to advocate for its $14.9 billion acquisition proposal for US Steel. The deal faces opposition from the Committee on Foreign Investment in the U.S. (CFIUS) and politicians concerned about national security issues.

Anglo American Plc (LSE:AAL) – Anglo American sold 13.94 million shares of Anglo American Platinum at 515 rand each, raising about $402 million. The sale, representing about 5.3% of Amplats shares, aims to increase liquidity before a complete exit from the South African company as part of a restructuring plan.

Exxon Mobil (NYSE:XOM) – Exxon CEO Darren Woods warned that the company may sue activist shareholders who abuse the proxy proposal process, as occurred with climate resolutions in January. Woods said that while Exxon doesn’t oppose shareholder proposals, it will demand proper use of the process. Shares rose 0.5% in pre-market trading after closing down 3.6% on Tuesday.

SLB (NYSE:SLB) – SLB announced breakthroughs in its lithium extraction technology, recovering 96% of the metal at a test plant in Nevada. Using a faster and more environmentally friendly approach than traditional evaporation, the company aims to produce commercial lithium in a smaller footprint. The DLE technology promises greater efficiency and sustainability and could transform lithium supply. Shares rose 0.4% in pre-market trading after closing down 2.0% on Tuesday.

Deere (NYSE:DE) – Deere agreed to pay $9.93 million to settle SEC charges of bribery involving its subsidiary in Thailand. The company was accused of offering improper gifts and services to win contracts, violating integrity standards. The settlement includes a fine, disgorgement, and interest.

Walgreens (NASDAQ:WBA), Teva Pharmaceutical (NYSE:TEVA) – Baltimore announced a settlement with Walgreens over allegations that the pharmacy contributed to the city’s opioid crisis. According to Reuters, the settlement amount, undisclosed, could be around $80 million, similar to the agreement with Teva. The city seeks larger recoveries outside national settlements to recover more funds.

Novo Nordisk (NYSE:NVO) – Researchers found that Novo Nordisk’s obesity drug Liraglutide may be safe and effective for overweight children as young as six years old. In a study, children taking the drug had an average 5.8% reduction in BMI compared to a 1.6% increase in the placebo group. Shares rose 1.0% in pre-market trading after closing down 1.6% on Tuesday.