Adobe (NASDAQ:ADBE) – Adobe‘s shares fell approximately 11.65% in pre-market trading following a robust first fiscal report. Adobe reported an adjusted earnings per share of $4.48 on revenue of $5.18 billion, compared to LSEG consensus estimates of earnings of $4.38 per share and revenue of $5.14 billion. Net income was $620 million. Adobe projected earnings and revenue below analyst estimates for the current quarter and announced a $25 billion share repurchase.

Cardlytics (NASDAQ:CDLX) – The advertising platform surged 38% in pre-market trading after the company reported becoming positive in adjusted earnings before interest, taxes, depreciation, and amortization for the full year for the first time since 2019. In the first quarter, the company reported earnings per share of $0.14 on revenue of $89.2 million, while estimates were for a loss of $-0.33 per share on revenue of $84.7 million.

Apple (NASDAQ:AAPL) – According to Bloomberg, Apple acquired the Canadian AI startup DarwinAI before its planned launch. The acquisition aims to bolster Apple‘s AI efforts, aligning with its previous research on language models. Financial terms were not disclosed. Apple‘s shares rose 0.72% in pre-market trading, despite a 10% decline this year.

Nvidia (NASDAQ:NVDA) – Nvidia‘s shares are currently below recent highs, but a potential new hardware announcement could reignite growth. Nvidia is expected to reveal more about its B100 chip at the GTC conference, while rumors suggest the existence of a B200 chip.

Smartsheet (NYSE:SMAR) – The enterprise software provider registered an 11.2% drop in pre-market trading due to disappointing revenue outlook for Wall Street. Smartsheet estimated revenues between $257 million and $259 million for the current quarter, and between $1.113 billion and $1.118 billion for the year. However, analysts surveyed by FactSet project revenues of $262.3 million for the quarter and $1.14 billion for the year.

Cisco Systems (NASDAQ:CSCO) – Cisco Systems received EU antitrust approval for its $28 billion acquisition of Splunk (NASDAQ:SPLK), unconditionally, after regulators found no competition issues. This is Cisco‘s largest deal, aimed at bolstering its software business and offsetting the post-pandemic slowdown.

PagerDuty (NYSE:PD) – PagerDuty reported a net loss of $28.8 million for the fourth fiscal quarter, with adjusted earnings of 17 cents per share on revenue of $111.1 million. Analysts surveyed by FactSet had expected an average adjusted net profit of 15 cents per share on revenue of $110.7 million. The company provided weaker-than-expected sales outlooks for the current quarter and the full year. Shares fell -7.6% in pre-market trading.

Taiwan Semiconductor Manufacturing (NYSE:TSM) – TSMC‘s rapid rise is raising concerns among its staunchest supporters. The stock’s relative strength index reached overbought levels, while analysts question the sustainability of AI-driven growth. Nonetheless, TSMC remains optimistic, though geopolitical concerns persist.

Vodafone (NASDAQ:VOD) – Swisscom announced on Friday the purchase of Vodafone Italia for $8.7 billion, merging it with its subsidiary Fastweb. The deal will create Italy’s second-largest fixed broadband operator. Vodafone will return 4 billion euros to shareholders and reduce dividends. The transaction is expected to be completed in the first quarter of 2025.

McDonald’s (NYSE:MCD) – McDonald’s Japan, along with units in Australia and Hong Kong, faces system disruptions. In Japan, stores stopped accepting orders at mobile kiosks. McDonald’s Australia and Hong Kong are also dealing with technical issues. The company is working to restore operations soon.

Restaurant Brands International (NYSE:QSR) – Restaurant Brands International, parent company of Burger King, named Sami Siddiqui as its new CFO, succeeding Matt Dunnigan. Jeff Klein becomes president of Popeyes in the US and Canada, while Thiago Santelmo will lead international businesses. The changes aim to boost the company’s long-term goals amid global challenges.

Ulta Beauty (NASDAQ:ULTA) – In the fourth quarter, Ulta reported earnings per share of $8.08 on revenues of $3.6 billion, beating analyst forecasts. The cosmetics retailer projected yearly earnings at the lower end of Wall Street predictions, forecasting annual earnings between $26 and $27 per share, below the $27 expectation of analysts surveyed by LSEG.

Macy’s (NYSE:M) – Arkhouse Management revealed ongoing negotiations with Macy’s after expressing dissatisfaction with a previous offer. The company and Brigade Capital raised their offer to $24 per share, awaiting Macy’s response to confirm or potentially increase the offer.

Alibaba (NYSE:BABA) – AliExpress is under investigation by the European Commission for the spread of illegal content, being the third platform to be examined after TikTok. As a large online platform under the EU’s Digital Services Act, it is required to take more effective measures against illegal materials.

Zumiez (NASDAQ:ZUMZ) – After presenting a disappointing outlook for the current quarter, the specialty retailer saw a 4.75% drop in pre-market trading. Zumiez predicted a loss per share between $1.09 and $1.19, contrasting with analysts’ forecast of just 34 cents per share surveyed by FactSet. The company also set quarterly revenue between $167 million and $172 million, below the $186.3 million estimate by analysts.

Altria Group (NYSE:MO) – Altria Group expanded its share repurchase program by $2.4 billion and revised its annual profit forecast, after selling part of its stake in Anheuser-Busch InBev (NYSE:BUD). The company plans to invest the proceeds in transitioning to tobacco alternatives and paying off debt.

Citigroup (NYSE:C) – Citigroup is investigating harassment allegations against a senior US banker, Edward Ruff, from New York, who is on leave. Incidents of abusive behavior are under scrutiny as Citi changes its organizational culture.

Bank of America (NYSE:BAC) – Bank of America implemented leadership changes in its capital markets business, establishing a Capital Markets Advisory group. Gregg Nabhan and Mike Browne will lead the advisory unit, aiming to improve offerings amid a volatile environment.

JPMorgan Chase (NYSE:JPM) – JPMorgan was fined $348.2 million by US banking regulators for deficiencies in its trading activities monitoring program from 2014 to 2023. The bank agreed to review and enhance its trading surveillance procedures as required by regulators.

New York Community Bancorp (NYSE:NYCB) – NYCB disclosed the sale of loans to boost earnings and is integrating the defunct Signature Bank into its financial reports. Analysts expressed concerns about recovery, predicting that trading will remain limited until a concrete recovery plan is established.

Blackstone (NYSE:BX) – Real estate prices have fallen, creating an opportunity for investors, according to Jon Gray, President of Blackstone, who noted the need for capital and buying opportunities. Blackstone is active in financing and sees growth potential as the market stabilizes.

Amazon (NASDAQ:AMZN) – Amazon‘s autonomous vehicle unit Zoox seeks to outpace Alphabet’s Waymo by expanding vehicle tests in California and Nevada, including broader areas, higher speeds, and night driving. The vehicles, lacking internal manual controls, resemble toasters on wheels. Zoox also operates adapted autonomous Toyota Highlanders in various cities. The company aims to replace human drivers with fully autonomous vehicles, though no timeline has been set. Amazon acquired Zoox in 2020, sparking speculation about its potential use for delivery, but Zoox has yet to announce plans beyond robo-taxis.

Honda Motor (NYSE:HMC) – Nissan and Honda are considering a strategic partnership to collaborate on key components for electric vehicles (EVs) and AI in automotive software platforms. This potential cooperation aims to face increasing competition from rivals.

General Motors (NYSE:GM) – General Motors‘ Mexican unit and union agreed on a 9.2% wage increase, along with improvements in the savings fund and food vouchers.

Fisker (NYSE:FSR) – Fisker denied speculation about potential bankruptcy, stating it routinely works with consultants and is committed to securing a deal with another automaker. Its shares plummeted Thursday following reports of financial troubles, but the company asserts it remains focused on raising capital and establishing strategic partnerships.

United Airlines (NASDAQ:UAL) – United Airlines is close to acquiring more than three dozen Airbus A321neo jets from aircraft lessors, seeking alternatives to the uncertified Boeing MAX 10.

Royal Caribbean (NYSE:RCL) – Royal Caribbean suspended cruise visits to Labadee, Haiti, for seven days due to escalating gang violence in the country. The company’s president, Michael Bayley, stated the suspension would continue as necessary, with prior notice given to affected guests.

Hilton (NYSE:HLT) – Hilton announced the acquisition of Graduate Hotels from Adventurous Journeys Capital Partners for $210 million, its first brand purchase in over 20 years. Hilton sees consolidation opportunities due to pressure in the hospitality industry.

US Steel (NYSE:X) – On Friday, Japan’s Nippon Steel announced that, under the proposal to acquire US Steel, there would be no layoffs or factory closures until September 2026, subject to specific conditions. The company is advancing in the regulatory review of the deal and is committed to completing it.

Madrigal Pharmaceuticals (NASDAQ:MDGL) – The first drug for obesity-related liver disease was approved in the US on Thursday, boosting Madrigal Pharmaceuticals‘ shares by 24.40% in pre-market trading on Friday, as the developer of the drug Rezdiffra. The annual price is expected to be about $50,000, generating optimistic sales expectations.

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