Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021.
Palo Alto Networks — The security software vendor soared 12.5% following an earning's beat after the Friday market close.
Earthstone Energy , Permian Resources — Earthstone jumped 7.5% in the premarket after Permian Resources agreed to buy the oil and gas company in an all-stock deal valued at about $4.5 billion, including debt.
Nvidia — The leading AI semiconductor maker gained 2.6% premarket after HSBC reiterated a buy rating and raised its target price.
The e-commerce fashion platform's shares tanked after second quarter revenue came in lower than expected.
Persons:
Earthstone, Baird, Gross, Napco, XPeng, Tesla, —, Samantha Subin, Alex Harring, Hakyung Kim, Pia Singh
Organizations:
Palo Alto Networks, Refinitiv, Earthstone, Resources, Nvidia, HSBC, Napco Security, Bank of America, Volkswagen, VMware, Broadcom, United Kingdom's, Markets Authority
Locations:
Palo, Santa Clara , California, U.S, Refinitiv ., China