GameStop shares slumped 20% on Friday after the video game retailer announced a share sale to raise up to $3 billion even as its quarterly sales declined.
Read More GameStop spooks investors with share sale, results ahead of “Roaring Kitty” livestreamTag: earnings report
Microsoft’s AI lead puts Amazon cloud dominance on watch
Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com.
Read More Microsoft’s AI lead puts Amazon cloud dominance on watchWall St gains after Friday sell-off, Mideast tensions subside
Some megacap growth stocks edged higher in early trading, with Meta Platforms, Amazon.com and Apple up between 0.6% and 1.5%.
Read More Wall St gains after Friday sell-off, Mideast tensions subside