Ulta Beauty raised its annual profit forecast after beating quarterly results on Thursday, as lower inventory losses as well as new launches such as Milk Makeup and K-Beauty skincare brands helped drive demand at its stores.

Shares of the company were up 8% in overnight trading.

Li Auto Inc. stock rose 4% in overnight trading. The company reported quarterly revenue growth of 1.1% year-on-year to 25.9 billion Chinese yuan ($3.6 billion), beating the analyst consensus of 25.3 billion Chinese yuan ($3.5 billion). 

Its adjusted net earnings per ADS were 0.96 Chinese yuan (13 cents), beating the analyst consensus estimate of 0.89 Chinese yuan (12 cents).

Vehicle sales increased 1.8% to $3.4 billion due to increased vehicle deliveries partially offset by the lower average selling price, mainly due to different product mixes. Total vehicle deliveries were 92,864 units in the quarter, a 15.5% Y/Y increase.

UiPath shares rose 10% in overnight trading after the company reported better-than-expected results for the first quarter and raised its full-year outlook.

Total revenue increased 6% compared to the prior year’s quarter. Annual recurring revenue totaled $1.69 billion as of April 30, up 12% year-over-year. The agentic automation company reported cash flow from operations of $119 million and adjusted free cash flow of $117 million.

Dell Technologies Inc. raised its annual profit forecast on Thursday, signaling growing demand for its AI-powered servers that are equipped with Nvidia's powerful chips. Shares of the company, whose servers are used by customers such as Elon Musk's AI startup xAI and CoreWeave, rose 2% in overnight trading.

Marvell shares fell more than 3% in overnight trading on Thursday. Marvell Technology delivered fiscal first-quarter results in line with expectations - but the latest numbers may be less important than the company's upcoming commentary, as some analysts on Wall Street remain uncertain about Marvell's business with Amazon.com.

Nvidia stock dropped over 1% in overnight trading. China's biggest technology companies have begun the process of switching to homegrown chips as they contend with a dwindling stockpile of Nvidia processors and tightening United States export controls, the Financial Times reported on Thursday.

Gap said on Thursday that U.S. President Donald Trump's tariffs would take a bite out of its annual operating income but offered forecasts excluding that hit, sending its shares tumbling 16% in overnight trading.

The company expects about $250 million to $300 million in tariff-related costs, but aims to mitigate more than half of that amount.

Zscaler shares rose 5.5% in overnight trading after reporting higher third-quarter revenue and slightly increased its full-year sales guidance.

The San Jose, Calif.-based cybersecurity company reported on Thursday a third quarter loss of $4.1 million, or 3 cents a share, for the three-months ended April 30. That compares with a profit of $19.1 million, or 12 cents a share, a year earlier.