The stock market is poised for a slightly lower opening on Friday, with several key companies drawing investor attention.
SelectQuote, Inc. (SLQT)
is expected to report a quarterly loss of 15 cents per share on revenue of $272.95 million before the market opens. This news sent SelectQuote shares up 10.3% to $3.96 in after-hours trading.Adobe, Inc. (ADBE)
reported strong third-quarter earnings on Thursday, exceeding market expectations. The company projects fourth-quarter revenue between $5.5 billion and $5.55 billion, with earnings estimated at $4.63 to $4.68 per share. Despite the positive news, Adobe shares dipped 9.1% to $533 in after-hours trading.Cheetah Mobile Inc. (CMCM)
is scheduled to release its second-quarter earnings results before the market opens on Friday. Cheetah Mobile shares closed at $4.04 on Thursday, up 13.3%.RH (RH)
impressed investors with its strong second-quarter financial results on Thursday. RH shares soared 18.8% to $304.75 in after-hours trading.Oracle Corporation (ORCL)
has announced ambitious revenue projections, with a forecast of at least $104 billion in FY29 revenue. This optimistic outlook fueled a 6.6% surge in Oracle shares to $171.97 in after-hours trading.These companies are likely to be closely watched by investors throughout the trading day on Friday, as their recent performance and financial outlook could shape the market’s direction.
