TikTok’s top executive announced to employees that ByteDance, the social-media juggernaut’s parent company, has signed deals to create a U.S. joint venture majority-owned by U.S. companies, Bloomberg News reported late Thursday. Oracle shares jumped 6% in overnight trading as memo reportedly spells out a U.S. venture.
The U.S. Department of Energy announced new partnerships with 24 companies (including CoreWeave )to advance the Genesis Mission, which is a national effort to use the power of artificial intelligence to accelerate discovery science, strengthen national security and drive energy innovation. CoreWeave shares jumped 6.1% in overnight trading.
Nano Nuclear Energy reported its Q4 2025 earnings, highlighting strategic advancements and a robust cash position, which contributed to a 3.4% increase in its stock price in overnight trading.
BlackBerry raised the lower end of its fiscal 2026 revenue forecast, signalling strong demand for its cybersecurity software as companies ramp up spending to counter increasingly sophisticated cyber attacks. But the shares dropped 5.3% in overnight trading.
Nike reported a drop in gross margins for the second consecutive quarter, as poor sales in China and efforts to reset its product mix continued to vex the struggling sportswear giant, sending shares down 10.7% in overnight trading.
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