Virgin Galactic Holdings Inc (NYSE:SPCE) shares are ripping 17% higher in overnight trading after the company reported better-than-expected financial results for the first quarter.
Estee Lauder shares jumped 5% in overnight trading as Michael Burry's firm, Scion Asset Management, has doubled its investment in Estee Lauder.
Constellation shares jumped 3.6% in overnight trading as Warren Buffett's Berkshire Hathaway said on Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands.
Quantum Computing reported Q1 earnings late Thursday of $0.11 per diluted share, compared with a loss of $0.08 a year earlier. Revenue for the quarter ended March 31 was $39,000, up from $27,000 a year earlier. Quantum Computing shares gained 2.8% in overnight trading.
Applied Materials missed Wall Street estimate for second-quarter revenue on Thursday, weighed by less-than-expected sales in the chipmaking equipment maker's biggest segment amid uncertainties around export curbs. Shares of the Santa-Clara, California based company fell more than 5% in overnight trading.
Take-Two Interactive Software guided for a loss and lower-than-expected sales in its current fiscal year, which will no longer receive a boost from the next installment of the "Grand Theft Auto" franchise. Take-Two shares fell 2% in overnight trading.