Shares of athletic apparel maker Under Armour rose in premarket trading Thursday after the company's third-quarter sales and adjusted profit topped estimates.
U.S. stock futures are edging mostly higher as investors watch corporate earnings, Honeywell plans to split into three companies, and Qualcomm stock drops as its licensing revenue misses expectations.
Honeywell International, the storied conglomerate which launched a strategic review early last year, announced plans Thursday to split into three independent companies.
Qualcomm stock is falling 5% in premarket trading Thursday, a day after the company’s lower-than-estimated licensing revenue offset record quarterly sales.
Chinese company Huawei briefly surpassed Apple to become the second-largest smartphone maker in the world behind Samsung, but its only investors are employees.
Supermicro shares surged Wednesday for a second consecutive day as the embattled server maker announced that it's ramping full production availability of its latest AI data center server solution.
Amazon will kick off the earnings reporting season for major retailers on Thursday, offering investors a snapshot of consumer spending in the wake of a blockbuster holiday season.