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Corning Shares Retreat After Hours on Revenue Target and Product Launch
Corning shares declined 6.6% in extended trading Tuesday, reversing prior gains following commentary on long-term financial targets and a new product announcement. Broader market concerns also weighed on sentiment.
Lam Research Leads Chip Equipment Selloff Amid Oil Spike, Insider Sales
Lam Research shares tumbled 5.9% in extended trading, dragging down peers like Applied Materials and KLA. The selloff was fueled by a sharp rise in oil prices and broader market避险 sentiment, with insider sales adding to the pressure.
CrowdStrike Posts Strong Q4, Guides Higher Amid AI Security Focus
CrowdStrike Holdings reported fourth-quarter results that exceeded profit expectations and raised its annual recurring revenue target. The cybersecurity firm also issued forward-looking revenue guidance for fiscal 2027 and disclosed new share repurchases.
Lilly Shares Decline Ahead of Key FDA Obesity Pill Decision
Eli Lilly shares declined for a second day as the market anticipates an FDA decision on its oral obesity treatment in April. The FDA also issued warnings to telehealth firms marketing compounded weight-loss drugs.
MicroStrategy Stock Slides Amid Bitcoin Dip, New BTC Purchase Funded by Equity Sales
MicroStrategy shares dropped 3.6% to $132.68, tracking a bitcoin decline, after disclosing a $204.1 million bitcoin acquisition funded by equity sales and raising its preferred dividend rate.
Goldman Sachs Shares Stabilize After Volatile Session on Oil Spike
Goldman Sachs shares closed marginally higher after a turbulent trading session driven by a sharp rise in oil prices and shifting interest rate expectations. The bank also filed to issue $28.5 million in callable notes.
Bank of America Advances $2.8B Debt Redemption Amid Market Volatility
Bank of America shares edged higher in extended trading after the firm announced plans to redeem $2.8 billion in senior notes early. The broader banking sector declined as rising oil prices fueled inflation concerns and pushed back expectations for Federal Reserve interest rate cuts.
Salesforce Authorizes $50 Billion Buyback, Shares Gain After Hours
Salesforce shares advanced in extended trading after the company disclosed a fresh $50 billion stock buyback program and a quarterly dividend, contrasting with a broader market decline driven by inflation and geopolitical concerns.
Circle Stock Extends Rally on Mizuho Target Hike, Fed Outlook
Circle Internet Group's stock advanced in extended trading following Mizuho Securities increasing its price target to $100, with the firm pointing to diminished prospects for imminent Federal Reserve interest rate reductions.
CrowdStrike Stock Gains on Strong Q4 Results and Upbeat Long-Term Targets
CrowdStrike reported better-than-expected fourth-quarter results, with annual recurring revenue exceeding $5 billion. The company provided a robust long-term forecast through fiscal 2027, sending shares higher in extended trading.
Exxon Shares Retreat Amid Oil Price Surge, Venezuela Plans Scrutinized
Exxon Mobil shares fell 1.6% in extended trading Tuesday as oil prices surged nearly 5% to yearly highs. Investors assessed regional exposure and Venezuela re-entry comments.