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Shares fell more than 5% in extended trading. But the quarter wasn't all that bad.

Stephen Ehikian is taking over as CEO, succeeding Thomas Siebel, who revealed that he was diagnosed with an autoimmune disease.

Salesforce reported better-than-expected earnings and revenue for the latest quarter but issued disappointing guidance.

Figma reported better-than-expected revenue for the second quarter in its first earnings report as a public company.

American Eagle said its Sydney Sweeney campaign is its best ever, leading to positive gains in new customers, sales and foot traffic.

Macy's easily beat Wall Street's earnings estimates and raised its guidance as it said revamped stores saw better sales trends.

Alibaba's Hong Kong-listed shares jumped 19% on strong results at its cloud computing division driven by its AI investments.

Hong Kong-listed shares of BYD fell more than 6% after the Tesla rival reported a quarterly profit drop amid a price war in its domestic industry.

A strong month for the stock market was going out on a sour note on Friday.

Marvell stock sunk after the artificial intelligence chipmaker gave weak guidance for the fiscal third quarter.