ZTO Express shares gained 9.3% in morning trading. The Chinese express delivery group's Q4 net income rose 10.1% y/y; revenue up 12.3% y/y; FY net income climbed 3.9% y/y, FY revenue up 10.9% y/y. The company approved new share repurchase programme of up to $1.5 bln over next 24 months through March 2028.
Macy's said on Wednesday it expects the hit from U.S. import tariffs to ease in the second half of the year and reported better-than-expected holiday-quarter results, as turnaround efforts under CEO Tony Spring takes shape. The shares jumped 7.2% in morning trading.
China data center group GDS Holdings gained 4.6% in morning trading. GDS's 2025 net income surged by 10.8% YoY to RMB11.432 billion. It also recorded net profit from continuing operations attributable to shareholders of RMB950 million, compared to a loss of RMB777 million in the previous year. Net profit attributable to shareholders, however, slumped by 72.3% YoY to around RMB950 million.
Electronic signature company Docusign shares rose 3.8% in morning trading. DocuSign topped Wall Street’s expectations for its fiscal fourth quarter, tacked $2 billion onto its share buyback authorization, and projected revenue for the new fiscal year that outpaces consensus.
Lululemon shares rose 3.7% in morning trading. Lululemon forecast 2026 revenue and profit below analysts' estimates on Tuesday and appointed a former chief of jeans maker Levi Strauss to the board, which is facing a proxy fight. The yoga gear maker also said it expects to offset "almost all" of the U.S. import tariff impact as it looks to reduce markdowns and boost more full-price sales.
Space services firm Rocket Lab shares dropped 6.7% in morning trading as it sought equity raise. The company filed up to $1 bln (at the market) offering with brokerages including BofA, BTIG, Cantor Fitzgerald, Deutsche Bank and Goldman Sachs as sales agents.
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