By WSJ Staff

UiPath (PATH): The automation and AI platform posted better-than-forecast quarter results, but guided for slower annual revenue growth. Shares dropped 5% in premarket trading.

Atlassian $(TEAM)$: The maker of Jira and Trello software said it would cut about 10% of its workforce, allowing it to invest further in AI. The stock gained over 2% before the bell.

GlobalFoundries $(GFS)$: The chip maker launched a 20 million-share secondary offering, plus a roughly $300 million buyback. Shares slid 4% ahead of the open.

Petco Health & Wellness $(WOOF)$: The pet-supplies company guided for a possible return to annual sales growth. The stock gained 14% ahead of the open.

Honda Motor $(HMC)$: The Japanese automaker forecast a hit of up to $15.7 billion from a reassessment of its EV strategy. It expects to swing to an annual net loss as a result. American depositary receipts slid nearly 8% premarket.

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(END) Dow Jones Newswires

March 12, 2026 05:53 ET (09:53 GMT)

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