Fintech company DLocal Limited predicted solid growth for its business in 2026, forecasting that the value of payments it processes will surge 50% to 60% as it scales up with large merchants across its markets. It plans to buy back $300 million in shares. The shares jumped 13.2% in morning trading.
Uber will invest up to $1.25 billion in electric vehicle maker Rivian as part of a deal in which the ride-hailing firm will start deploying 10,000 fully autonomous R2 SUVs as robotaxis from 2028, the companies said on Thursday. The shares jumped 10%.
Retailer Five Below shares jumped 7.1% in morning trading after it issued a better-than-expected fiscal 2026 outlook and predicted a sales bump fueled by new store openings.
Micron Technology warned that it will need to spend heavily on production to meet burgeoning demand, overshadowing a generally upbeat forecast from the largest US maker of computer memory chips. The shares dropped 5% in morning trading. Micron’s peers SanDisk fell 4%; Western Digital fell 1%.
.Defense drone manufacturer Red Cat reported fourth quarter results that exceeded revenue expectations but posted a wider-than-expected loss, sending shares down 12.4% in morning trading.
Artificial intelligence drone software maker Swarmer shares pulled back 15.3% in morning trading on Thursday. Swarmer’s shares have surged 1,000% in two days, making it the best debut for a US stock in nearly a year.
