Shares of Arm fell 8% in premarket trading on Thursday, as disappointing revenue guidance from the firm clouded a positive sales quarter driven by AI demand.
The German renewables firm Siemens Energy announced Wednesday that the CEO of its troubled wind turbine unit will be replaced amid "comprehensive restructuring measures."
Reddit reported a big increase in sales for the first quarter and said second-quarter revenue will jump by more than 30%, based on the midpoint of the range.