Lululemon Athletica Inc (NASDAQ:LULU) stock jumped about 7% after Thursday’s closing bell as the athletic apparel brand’s third quarter earnings topped estimates.
Revenue was up 7% year-over-year at $2.6 billion, ahead of estimates of $2.49 billion.
Oracle Corp (NYSE:ORCL, XETRA:ORC) shares may be falling on Thursday morning after soft earnings, but analysts see long-term potential in its record $523 billion AI backlog and accelerating GPU demand.
Wall Street analysts largely viewed the weakness as temporary, reflecting heavy investment in AI infrastructure rather than a deterioration in fundamentals.
Rezolute (NASDAQ:RZLT) shares fell sharply today following the announcement that its Phase 3 sunRIZE study of ersodetug for congenital hyperinsulinism (HI) did not meet its primary endpoint.
The stock fell almost 90% to trade at $1.15 late morning on Thursday.
OKYO Pharma Ltd (NASDAQ:OKYO), a clinical-stage biopharmaceutical company developing treatments for neuropathic corneal pain (NCP), said patients treated with its investigational therapy urcosimod in its recently completed Phase 2 trial showed improvements in corneal nerve structure, a potential indicator of nerve restoration.
The 18-patient, randomized, double-masked, placebo-controlled trial evaluated corneal nerve health using in vivo confocal microscopy.
Planet Labs (NYSE:PL) shares surged 25% on Wednesday after the satellite imaging and AI-focused data company reported third-quarter fiscal 2026 results that beat analysts’ expectations.
Revenue rose 33% year-on-year to $81.3 million, well above the Street estimate of $72.2 million. Recurring revenue accounted for 97% of total annual contract value, highlighting the company’s subscription-driven growth.
East Star Resources PLC shares shone 17.5% brighter at 3.47p after it entered a binding heads of agreement to establish a joint venture for the development of the Verkhuba copper deposit in Kazakhstan.
The deal is with Hong Kong-based Xinhai Mining Services, an engineering and construction firm, which will fund the entire development of the project in stages, with an estimated total investment of US$65 million.
Shares in Ilika PLC (AIM:IKA, OTCQX:ILIKF) rose 4% to 44.2p after the solid-state battery developer began shipping its latest 10Ah Goliath prototypes, a step the company said keeps it on schedule for commercialisation.
The new cells, aimed at customers across several industries, including automotive, offer five times the capacity of the 2Ah versions released in July 2024. They are the first to be produced on Ilika’s automated pilot line, completed in October, which achieved a 93 per cent yield on its initial manufacturing run.
Oracle Corp (NYSE:ORCL, XETRA:ORC) shareholders were left reeling after a sharp after-hours slump that wiped 11% from the stock, setting up a rough start to Thursday trading.
The fall came even as the company posted strong headline numbers, underscoring how sensitive the market has become to any hint that the AI boom might not deliver quick returns.