Innovative Eyewear stock soared more than 100% on Wednesday after the company announced the launch of its Eddie Bauer Smart Eyewear collection, which includes voice access to OpenAI's ChatGPT. After the market close on Wednesday, Innovative Eyewear announced the closing of its previously announced at-the-market registered direct offering of 5.26 million shares at a price of $0.475 per share.
Salesforce reported its first top-line miss in more than a decade late Wednesday, according to Benzinga Pro. Despite missing estimates, first-quarter revenue was up 11% on a year-over-year basis. Multiple analysts also lowered price targets on the stock following the print.
Palantir (PLTR) wins $480M Army contract for AI-based Maven Smart System prototype, while facing criticism and speculation about inclusion in S&P 500. Stock up 2.58% premarket.
Okta reported first-quarter revenue of $617 million, which was up 19% year-over-year and came in ahead of analyst estimates of $604.339 million. The cloud-native cybersecurity company reported adjusted earnings of 65 cents per share, beating analyst estimates of 55 cents per share, per Benzinga Pro.
Telsey Advisory Group analyst Dana Telsey on Thursday maintained Lululemon with an Outperform rating and price target of $550. Telsey joins a growing list of analysts who have updated price targets this week.
Sony (NYSE: SONY) is in talks to acquire Queen's music catalog for a potential $1 billion, joining other artists' catalog sales fueled by streaming growth and low interest rates.
C3.ai reported fourth-quarter revenue of $86 million, beating analyst estimates of $84.395 million. The enterprise AI software company reported an adjusted loss of 11 cents per share, beating estimates for a loss of 30 cents per share, according to Benzinga Pro.