Check out the companies making headlines before the bell. GameStop — Shares surged nearly 27% following the company’s announcement on Friday that it had made around $933.4 million from a stock sale. The company sold 45 million common shares. Nvidia — The chipmaker jumped 3% premarket, continuing its post-earnings rally after its quarterly earnings report…

A top exchange-traded fund provider is betting on the long-term popularity of GLP-1 weight loss drugs. Roundhill Investments’ GLP-1 & Weight Loss ETF (OZEM), which began trading last week, pairs leaders Eli Lilly and Novo Nordisk with players developing new treatments for weight loss and diabetes. CEO Dave Mazza said his firm is capitalizing on…

Alibaba’s international e-commerce platform AliExpress is a UEFA Euro 2024 sponsor and has signed David Beckham as its global brand ambassador. AliExpress BEIJING — Soccer star David Beckham will promote Alibaba‘s international e-commerce platform, AliExpress, in its biggest global brand ambassador partnership to date, the business unit announced Monday. The deal comes against the backdrop…

A U.S.-listed Chinese company that makes most of its money overseas could soar more than 75%, according to Morgan Stanley’s newly updated forecasts. Asia equity analyst Yang Liu and a team not only raised their price target on Tuya by 50 cents to $3.50 last Tuesday, but on Thursday issued a separate note saying they…

Check out the companies making headlines in midday trading. Ross Stores — The discount retailer popped nearly 10% on strong first-quarter results. Ross Stores posted earnings of $1.46 per share on $4.86 billion in revenue. That topped the EPS of $1.35 and $4.83 billion in revenue expected by analysts polled by LSEG. Booz Allen Hamilton…

Aleksandarnakic | E+ | Getty Images You may be saving more money for retirement and not even know it. An increasing share of employers are automating how people save in their company 401(k) plans, in a bid to overcome the inertia that often keeps us from building a nest egg. “Automatic escalation” — or auto-escalation,…

Ark Invest CEO Cathie Wood believes stocks are ready to spring upward with easing price pressures and lower interest rates on the horizon. “In the fourth quarter, as the Fed’s dot plot began pointing to much lower interest rates, the bull market in equities broadened dramatically,” Wood said in an X post on Thursday evening. “This…

Check out the companies making headlines in premarket trading: Intuit — The TurboTax parent company slipped nearly 6% after issuing weaker-than-expected fiscal fourth-quarter guidance . Intuit forecast adjusted earnings of $1.80 per share to $1.85 per share, while analysts surveyed by FactSet expected $1.92. Ross Stores — The discount apparel retailer stock added more than…

Check out the companies making headlines in extended trading. Ross Stores – Shares of the discount clothing store jumped 7%. Ross Stores reported first quarter earnings of $1.46 per share on revenue of $4.86 billion. Analysts polled by LSEG anticipated earnings of $1.35 per share and revenue of $4.83 billion. Workday — The enterprise management…

Officials continue to conduct operation and inspect the area after the train derailment in East Palestine, Ohio, United States on February 17, 2023.  EPA | Anadolu | Getty Images Norfolk Southern has agreed to pay $310 million to settle charges over a toxic train derailment in East Palestine, Ohio, in February 2023, the company announced…