24H｜Palantir Plunges 9%; Hims & Hers Sinks 5%; Ford Drops 3%; WeRide Surges 14%
Palantir raised its annual sales forecast on Monday, although its inline profit and a modest revenue beat disappointed investors who were expecting more from the AI-focused data and analytics firm, driving its shares down 9.4% in overnight trading.
Ford suspended its annual guidance on Monday because of uncertainty around U.S. President Donald Trump's tariffs, saying the levies would cost the company about $1.5 billion in adjusted earnings before interest and taxes. The shares fell about 2.5% in overnight trading.
Hims & Hers Health first-quarter revenue more than doubled as subscribers rose 38%, while its second-quarter sales outlook missed Wall Street’s expectations. The stock fell 4.5% in overnight trading.
WeRide shares surged 14% in overnight trading following the announcement of a significant expansion of its strategic partnership with Uber. The collaboration, which initially launched in Abu Dhabi and is set to commence in Dubai, will now extend to 15 additional cities globally over the next five years, marking a substantial push into European markets.
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