Robotics stocks jumped in overnight trading. Nauticus Robotics up 14%; Richtech Robotics up 6%; Serve Robotics up 4%.
Salesforce.com raised its fiscal 2026 revenue and adjusted profit forecasts on Wednesday, anticipating growth in its artificial intelligence agent platform due to strong enterprise demand, sending its shares up 2% in overnight trading.
The forecast signals that monetization for the company's Agentforce platform is picking up pace as enterprises gravitate towards autonomous AI to streamline and automate repetitive and administrative tasks.
UiPath shares surged 9% in overnight trading after the software company reported third-quarter results and guidance that topped Wall Street's forecast.
For the period ending Oct. 31, UiPath said it earned an adjusted $0.16 per share as revenue rose 15.9% year-over-year to $411.11M. Analysts had expected the company to earn an adjusted $0.15 per share on $392.8M.
Tilly's shares surged 14% in overnight trading after the specialty retailer reported a significantly narrower third-quarter loss than analysts expected, despite a slight revenue miss.
The casual apparel retailer posted a third-quarter loss of $0.05 per share, substantially better than the analyst estimate of a $0.37 loss. Revenue came in at $139.6 million, slightly below the consensus estimate of $141.1 million but showing encouraging signs of recovery with comparable sales increasing 2.0% YoY - the company’s first positive comparable sales quarter since late 2021.
Snowflake forecast fourth-quarter product revenue above analysts' estimates but falls short of lofty investor expectations for stronger growth, sending its shares down about 8% in overnight trading.
The cloud data analytics firm, whose shares have surged more than 70% this year, expects product revenue of $1.19 billion to $1.20 billion for the fourth quarter, representing 27% growth. The forecast was above analysts' estimates of $1.18 billion, according to data compiled by LSEG.
Symbotic Inc. stock fell 12% in overnight trading following the company’s announcement of a public offering of its Class A common stock.
The AI-enabled robotics technology company revealed plans to offer 10 million shares, with 6.5 million shares coming directly from the company and 3.5 million shares from SVF Sponsor III (DE) LLC, an affiliate of SoftBank Group Corp. Additionally, Symbotic intends to grant underwriters a 30-day option to purchase up to 1.5 million additional shares.
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