Lululemon Athletica Inc (NASDAQ:LULU) shares tumbled as the athletic apparel firm downwardly revised its full-year earnings guidance, citing challenges in its US business.
The company now expects full-year revenue in the range of $10.85 billion to $11 billion, under the prior $11 billion to $11.1 billion range.
Docusign (NASDAQ: DOCU) shares gained nearly 7% to about $81 in late-morning trading on Friday after the digital agreements and eSignatures provider’s fiscal 2026 second-quarter financial results surpassed analyst expectations.
Docusign reported earnings for the quarter of $0.31 per share on revenue that rose 9% year over year to $800.6 million.
Broadcom Inc (NASDAQ:AVGO, ETR:1YD) shares shot up as much as 15% in early trading on Friday after the semiconductor and infrastructure software solutions provider reported better-than-expected financial results for its third quarter 2025.
The company also revealed that it had received $10 billion in orders from a new client for custom AI chips.
Tesla Inc (NASDAQ:TSLA) has proposed a historic compensation plan for its CEO Elon Musk that could be worth approximately $1 trillion if he meets performance targets over the next decade.
The package, which shareholders will vote on in November, includes 12 tranches of stock awards Musk will receive only if Tesla hits extraordinary milestones.