Marvell Technology Leads Pre-Market Stock Market Movers with AI Growth Driver.

1 min read
Source: CNBC
Marvell Technology Leads Pre-Market Stock Market Movers with AI Growth Driver.
Photo: CNBC
TL;DR Summary

Marvell Technology, Gap, and Workday saw their stocks surge in premarket trading after reporting better-than-expected earnings. Autodesk's first-quarter results were in line with analysts' expectations, but its second-quarter guidance was weaker than expected. Deckers Outdoor exceeded analysts' expectations for its fourth-quarter results, but gave lower-than-expected full-year earnings and revenue guidance. RH beat estimates for its fiscal first quarter, but its second-quarter revenue guidance fell short of expectations and the company warned of increased markdowns. Ulta Beauty posted strong earnings and revenue for the first quarter, but its comparable sales grew slightly less than expected.

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