By WSJ Staff
Workday (WDAY): The HR software provider's guidance disappointed investors, adding to worries about the risks artificial intelligence could pose to its business. Shares dropped 9% in premarket trading.
HP $(HPQ)$: The computer and printer maker's quarterly earnings topped expectations. However, the company warned that its annual results would be near the low end of prior guidance, partly reflecting rising memory-chip costs. Shares fell roughly 5% premarket.
Paramount Skydance $(PSKY)$: Late Tuesday, Warner Bros. Discovery $(WBD)$ said Paramount had offered to buy the entire company for $31 a share, up from its previous $30-a-share bid. Paramount is due to post earnings after the close.
Netflix $(NFLX)$: Paramount's revised Warner offer is its latest effort to derail rival bidder Netflix. Shares in the streaming company were up over 1% before the bell.
Cava $(CAVA)$: The Mediterranean restaurant chain's quarterly sales topped forecasts, as did its annual same-store sales guidance. Shares jumped 9% premarket (check out our CEO interview).
Lucid $(LCID)$: The electric-vehicle maker is laying off around 12% of its U.S. workforce. Shares dropped roughly 4.5% in ahead of the open.
HSBC (UK:HSBA, HSBC): The bank reported better-than-expected earnings as it pressed ahead with efforts to simplify its sprawling operations. Shares rallied 5% in London.
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(END) Dow Jones Newswires
February 25, 2026 05:04 ET (10:04 GMT)
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