Domo announced it will sell its core operating business to Progress Software for $400 million in cash, causing its stock to jump. The company will remain public as a holding entity with significant cash and over $900 million in tax loss carryforwards.
The airline lowered its annual earnings guidance, citing the impact of rising oil prices driven by renewed geopolitical tensions in the Middle East. The move sent the company's shares down in premarket trading.
The exchange operator surpassed Wall Street expectations with an adjusted profit of $1.07 per share, bolstered by major IPOs and heightened demand for its market data and technology services amid market volatility.
The aerospace and defense contractor raised its full-year sales and profit guidance, citing strong demand for aircraft maintenance and military systems amid global supply chain and geopolitical pressures.
Amazon stock declined over 2% in pre-market trading amid news of a U.S. Senate investigation into Chinese influence on its marketplace and fresh layoffs in its artificial intelligence division.
Shares of the autonomous driving technology firm are trading lower after its founder and CEO announced his intention to step down, overshadowing a second-quarter earnings beat and raised full-year guidance.
Honeywell Technologies raised its full-year 2026 profit forecast in its first earnings report as a standalone automation company, even as its second-quarter adjusted profit fell short of analyst expectations.
Infosys shares fell sharply in pre-market trading after the Indian IT services firm trimmed the upper end of its full-year revenue guidance and announced a leadership transition.
Shares of Dow Inc. declined despite the chemical giant reporting second-quarter earnings and revenue that surpassed analyst expectations. A broader market downturn and investor skepticism over the sustainability of a geopolitically driven price surge are weighing on the stock.
