U.S. Movers: Birkenstock, Wolfspeed

Wolfspeed reported a sharp decline in losses in the March quarter. The company has shifted its focus to meet the growing demand for AI-driven data centers. Birkenstock reported weaker-than-expected revenue and earnings in the March quarter.

BIRK NVDA INTC

U.S. Movers: eBay, GameStop, GitLab, Hims & Hers

eBay rejected GameStop's $56 billion merger proposal, citing financing concerns. GitLab announced a restructuring plan that cuts jobs and management layers. Hims & Hers swung to a loss in its latest quarter.

GME GTLB EBAY

U.S. Movers: AMD, Duolingo

AMD reported a sharp jump in revenue and earnings, and the company's current quarter forecast surpassed expectations. Duolingo said it plans to accelerate its investment in AI-related technologies.

AMD DUOL

U.S. Movers: J.B. Hunt, PepsiCo, PPG, Taiwan Semiconductor

Taiwan Semiconductor reported record revenue and earnings for the fourth quarter in a row, driven by a sustained demand for its advanced chips for the artificial intelligence infrastructure. PPG Industries announced steep price increases across its portfolio of paint and coating products.

JBHT TSM PPG PEP

U.S. Movers: DocuSign, Dollar General, Lululemon Athletica

Lululemon reported a sharp decline in earnings and persistent weakness in sales in the Americas. DocuSign reported strong quarterly results and issued a better-than-expected outlook. Dollar General's quarterly results met market expectations.

DOCU DG LULU

U.S. Movers: AeroVironment, Oracle Corp.

Oracle Corp. reported solid quarterly results and issued a better-than-expected revenue outlook for the current quarter. AeroVironment reported a sharp increase in quarterly losses, driven by goodwill impairment charges.

AVAV ORCL

U.S. Movers: Broadcom, Costco Wholesale, Gap, Marvell Technology

Broadcom reported strong quarterly results and held out for a sustained increase in AI infrastructure spending. Costco reported a solid increase in sales and earnings, driven by the sustained rise in comparable sales.

AVGO COST MRVL GPS

U.S. Movers: Best Buy, MongoDB, Plug Power, Target

Target Corp. said traffic and sales trends improved in the last two months of the holiday quarter, and February annual sales growth turned positive. Best Buy sales edged lower, and domestic comparable sales declined in the fiscal fourth quarter.

BBY MDB PLUG TGT

U.S. Movers: Cadence Design, Caesar's Entertainment, Palo Alto Networks

Palo Alto Networks' current quarter outlook fell short of expectations. Cadence Design reported solid quarterly results. Caesar's Entertainment said growth in digital revenue supported overall revenue in the fourth quarter.

CDNS CZR PANW

U.S. Movers: On Semiconductor, Upwork

On Semiconductor reported mixed results in the fourth quarter and launched a new stock repurchase plan. Upwork's current quarter revenue outlook fell short of market expectations.

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U.S. Movers: AMD, Chipotle Mexican Grill, Match Group, Take-Two Interactive

Chipotle Mexican Grill reported a same-store sales decline for the fourth quarter in a row. AMD's solid growth in sales and earnings failed to impress investors. Take-Two Interactive revised its net booking range higher.

AMD CMG MTCH TTWO

U.S. Movers: ASML, Seagate Technology, Texas Instruments, Qorvo

ASML reported better-than-expected quarterly results for the fourth quarter, and net new orders surged. Texas Instruments issued a better-than-expected outlook for the current quarter.

ASML STX TXN QRVO

U.S. Movers: Costco Wholesale, General Motors, Tilray Brands

Costco Wholesale reported solid U.S. core comparable store sales in December. Tilray Brands said sales rose to a record high, and net loss improved in the fiscal second quarter. General Motors booked a special charge in the fourth quarter linked to its electric vehicle unit and restructuring in China.

COST GM TLRY

U.S. Movers: FedEx, Nike

Nike's quarterly sales and earnings growth in North America were offset by a sharp decline in Greater China. The sharp increase in U.S. tariffs negatively impacted overall gross margins. FedEx tightened its diluted earnings per share outlook and reiterated its capital spending plan.

NKE FDX

U.S. Movers: MillerKnoll, Micron Technology

Micron Technology delivered strong quarterly results and posted a rosy sales and earnings outlook for the current quarter. MillerKnoll said revenue and earnings fell in the quarter ending in November and issued a weak outlook for the current quarter.

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U.S. Movers: Lennar

Lennar reported a sharp decline in earnings in the fiscal fourth quarter ending in November, and the homebuilder issued a cautious sales outlook for the current quarter.

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