Victoria’s Secret shares are up more than 40% in early trading after the apparel retailer delivered a strong Q1 earnings beat and substantially lifted its full-year guidance. It was a welcome win for the company as it officially changed its stock ticker symbol to VSXY from VSCO on the New York Stock Exchange.

Key numbers:

• Adjusted earnings per share of $0.60 (compared to analyst estimates of $0.30).

• Net sales of $1.56 billion, a 15% year-over-year increase (estimate: $1.52 billion).

• Adjusted operating income of $80 million (estimate: $42 million).

Comparable sales rose 13% during the quarter, beating the estimated 12%. The company said double-digit growth was recorded across its Victoria’s Secret, PINK, and Beauty brands, as well as across stores and direct and international channels.

Buoyed by the strong momentum, management raised the retailer’s full-year guidance. Victoria’s Secret now projects full-year net sales to reach between $7.03 billion and $7.13 billion, up from a previous cap of $6.95 billion. Adjusted operating income is now anticipated to land between $550 million and $580 million, a jump from the previously projected range of $430 million to $460 million.

“Our customer responded strongly to our product innovation, emotionally resonant storytelling, and distinct brand projection, driving double-digit growth in new customer acquisition, increased regular-price selling, and broad-based strength across categories, channels, and geographies,” CEO Hillary Super said in a statement. “These results reflect the progress we are making against our Path to Potential strategy as we continue to strengthen customer connection, build brand heat, and drive sustainable long-term growth.”

The company’s “Path to Potential” transformation strategy was launched to right-track the business after a multiyear stretch of declining sales and cultural scrutiny. The changed ticker also signals a fresh corporate chapter under Super, who is steering the retailer through a major brand turnaround.

Amazon is moving its four-day Prime Day event up from July, where it’s been for the last five years, to June 23 through 26.

The retail giant cites scheduling clashes with the FIFA World Cup and the 250th anniversary of the signing of the Declaration of Independence as reasons for the move. Prime Day is one of Amazon’s biggest sales events of the year, helping drive $24.1 billion in US online spending last year, according to Adobe Analytics.

More concretely, the move means Amazon will pull a massive chunk of sales from one of its biggest events into Q2, which ends June 30, rather than Q3.

Beyond the top-line revenue shift, Amazon is also using the event to flex its newer strategic muscles, aggressively cross-promoting its same-day grocery delivery networks and its Amazon Haul discount storefront.

Dollar General reported mixed first-quarter results, pairing an earnings beat and a boosted full-year profit forecast with a slight revenue miss.

Key numbers:

• EPS of $2 (compared to analyst estimates of $1.90).

• Revenue of $10.79 billion (estimate: $10.83 billion).

• Same-store sales growth of 2% year over year.

Shares of the company fell 2.1% in early trading, reversing the gains they had made premarket.

Buoyed by the bottom-line strength, Dollar General also raised its fiscal 2026 profit outlook, now forecasting full-year earnings per share to land between $7.20 and $7.45, up from its previous guidance of $7.10 to $7.35. Meanwhile, management reiterated its full-year same-store sales growth target of 2.2% to 2.7%.

Management noted that the retailer’s increase in profit was boosted by contributions from new stores and growth in same-store sales, partially offset by the impact of store closures.

Heightened economic uncertainty, ongoing US import tariffs, and rising gas prices tied to the Iran war could also be weighing on everyday households’ purchasing decisions, causing them to pull back on spending in general or trade down to more affordable basic essentials.

“Our topline results were highlighted by positive customer traffic and balanced category growth,” Todd Vasos, Dollar General’s CEO, said in the press release. “Looking ahead, we believe the essential nature of our offering and our expansive footprint position us well to navigate the current macroeconomic environment.”

Shares of Dollar General are down more than 20% year to date.

Marvell Technology surged after Nvidia CEO Jensen Huang called the chipmaker, which his company has a stake in, ⁠the next “trillion-dollar company.”

Huang made the comments at the Computex ​expo in Taipei on ‌Tuesday. It’s not the first vote of confidence for Marvell from the world’s most valuable company: Nvidia announced a strategic partnership with Marvell in March, saying that it has invested $2 billion in the company.

Marvell’s market capitalization as of Monday’s close was around $192 billion, meaning that Huang’s prediction would hinge on a more than 420% rally. Huang said computing is becoming increasingly disaggregated and distributed, creating a need for advanced connectivity, which is what Marvell specializes in.

“That’s the reason why Marvell is so essential,” Huang said, standing onstage next to Marvell CEO Matt Murphy. “That’s why you’re going to be the next trillion-dollar company.”

The stock rose 23% in premarket trading on Tuesday and is up more than 145% since the start of the year.

HP Enterprise shares soared Monday afternoon following the enterprise software company’s Q2 earnings report, which detailed a blockbuster quarter.

The stock was up more than 30% — not a typo — after-hours.

Here are the numbers for Q2:

• Revenue of $10.7 billion (compared to the analyst estimate of $9.78 billion, per FactSet).

• Adjusted earnings per share of $0.79 (estimate: $0.53).

The company raised its guidance for the full fiscal year, saying it sees revenue growth of 29% to 33%, compared with its previous guidance for 17% to 22%. It also guided for adjusted EPS of $3.35 to $3.45 for the full year, up from the $2.30 to $2.50 it had estimated in its Q1 earnings release.

For its early fiscal 2027 guidance, HPE said it expects revenue to grow 8% to 12%, compared with analysts’ expectations for 5.5% growth. It also said it expects adjusted EPS growth of 12% to 16%, compared to analysts’ forecasts of a 13.5% rise.

Unlike HP, which makes consumer products like PCs and printers, HP Enterprise is primed to support the AI boom — specializing in cloud servers, data storage systems, and AI infrastructure. HPE has gained 90% since January.

Last week, competitor Dell saw a similarly rosy earnings report, which boosted its stock nearly 40%.

On Monday at Computex, HPE announced a new project with Nvidia: a new server powered by the semiconductor company. “Agentic AI has arrived, and it needs a new CPU,” said Nvidia CEO Jensen Huang. According to the companies, the plan is to support and optimize the New York Stock Exchange’s day-to-day infrastructure with “industry leading agentic AI CPU performance, memory bandwidth and low latency.”

Credo Technology Group shares cratered in after-hours trading after releasing Q4 earnings after the bell, despite crushing analyst expectations for earnings and revenue.

The stock dropped 15% in after-hours trading.

For Q4, the company — which makes high-speed connectivity solutions for data centers — posted:

• Revenues of $437 million (estimate: $431.8 million).

• Adjusted earnings per share of $1.16 (estimate: $1.02).

And for the first quarter, the company estimated revenue ranging from $465 million to $475 million, compared with analysts’ estimates for $461 million.

Shares of the company are up 63% year to date, and hit their all-time high of $247 today.

Shares soared earlier in the month after Credo announced its acquisition of DustPhotonics, which makes silicon photonic integrated circuits for high-speed networking in data centers. The acquisition means that Credo will be able to play both ends of the data center connectivity business, by adding advanced photonics to its bread and butter of active electrical cables.

Credo stock was down over 14% in after-hours trading.

Shares of movie theater chains AMC and Cinemark are surging on Monday, following impressive May attendance tallies for both companies.

AMC logged 25.5 million moviegoers last month, the company’s best May since 2019. Cinemark said it achieved its highest May US box office tally ever.

Both companies cited the success of popular horror titles “Backrooms” and “Obsession,” which were each born out of the minds of popular TikTok creators. The Michael Jackson biopic “Michael” and Disney’s “The Mandalorian and Grogu” also performed well.

“Audiences are showing up for a wide range of content, with particular strength in younger moviegoers, resulting in impressive performances across blockbusters and varied small- to mid-tier titles,” said Cinemark CEO Sean Gamble.

Initial coin offerings (ICOs) have been a way for people in the crypto space to fundraise capital that involved users sending ethereum to a smart contract with the expectation of receiving a project’s tokens.

Despite the popularity of ICOs, a number of projects failed, were unable to meet fundraising goals, and then, for one reason or another, were unable to return investors’ capital. One such example was HongCoin, which aimed to be a decentralized venture fund across borders.

On Sunday morning, blockchain sleuth 0xFlorent announced unlocking 1,003.62 ethereum tokens, worth $2 million, in HongCoin’s 2016 smart contract, enabling the 48 initial investors to claim funds that have been trapped for nine years. Of the investors, two have so far claimed a combined 96.5 ethereum.

The contract held all of the investors’ ethereum and was meant to auto-refund the cryptocurrencies, but “a bug in the refund function quietly broke that, and the funds got stuck,” 0xFlorent said in an X thread.

The HongCoin recovery was the second one the ethereum developer has disclosed in the past eight days. Last Sunday, 0xFlorent said they unlocked over 19.3 ETH, worth $40,590, that were stuck in two old contracts.

As to whether 0xFlorent will unlock more tokens stuck in ICO contracts, the security researcher doesn’t know. “It’s not my main activity and I did it because I found a way to help people. That’s it," 0xFlorent told Sherwood News.