By Katy Barnato

MongoDB $(MDB)$: The software company raised its annual guidance after posting better-than-expected quarterly results Shares jumped 16% in premarket trading.

Procter & Gamble $(PG)$: The maker of Tide detergent and Pampers diapers said it would cut 7,000 jobs, or roughly 15% of its nonmanufacturing workforce, over the next two years.

Kimberly-Clark $(KMB)$: The consumer-goods company is nearing a sale of its Kleenex and tissue businesses outside of North America for around $3.5 billion, part of an attempt to focus on more profitable areas, The Wall Street Journal reported.

Boeing $(BA)$: The plane maker will pay $1.1 billion to avoid prosecution for two crashes of its 737 MAX jets.

Broadcom $(AVGO)$: The chip maker and Nvidia rival is due to post quarterly results late Thursday. Shares have risen eight of the past nine days, and closed at a record high Wednesday.

Five Below (FIVE): The discount retailer posted better-than-expected quarterly results. Shares rose over 4% in offhours trading. Peers Dollar General $(DG)$ and Dollar Tree $(DLTR)$ said this week that an influx of middle- and upper-income customers was boosting sales. ( Recap with our podcast.)

PVH $(PVH)$: The Calvin Klein and Tommy Hilfiger parent cut its annual profit outlook, citing the impact of tariffs on shipments heading into the U.S. Shares dropped more than 8% ahead of the open.

Wise $(WISE.UK)$: The U.K. money-transfer company said it would shift its main listing to the U.S., the biggest market for products. Shares rose about 8% in London.

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(END) Dow Jones Newswires

June 05, 2025 04:54 ET (08:54 GMT)

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