Sirius XM Holdings Inc. shares SIRI were rocketing 17% in premarket trading Wednesday after Warren Buffett’s Berkshire Hathaway revealed a new stake in the satellite-radio operator. Berkshire bought up 9.7 million shares of Sirius during the September ...

Shares of Tesla Inc. TSLA rose toward a fourth straight gain in premarket trading Wednesday, but unlike the previous session, they pared gains after tame inflation data. The electric vehicle giant’s stock was up 2.2% just before data showing that whole...

Goodyear Tire & Rubber Co.’s stock GT jumped 5.5% in premarket trade Wednesday, after the company unveiled a transformation plan that aims to raise more than $2 billion in proceeds from portfolio optimization and to generate a positive benefit of $1.3 ...

Tapestry Inc. TPR said Wednesday it has commenced an offering of dollar-denominated senior unsecured notes to fund its acquisition of rival Capri Holdings Ltd. The parent to Coach, Kate Spade and Stuart Weitzman did not specify the size of the deal.Mar...

Dynatrace Inc. DT said Wednesday its stockholder Thoma Bravo is selling 10 million shares of its stock. Dynatrace stock was down 3.8% in premarket trading. Based on the stock’s closing price of $52.54 a share on Tuesday, the stock sale will generate ab...

TransUnion TRU said Wednesday it plans to reduce its 13,000-employee work force by 10% or, about 1,300, as part of a cost-cutting plan at the information and risk management solution company. TransUnion’s stock was up 3.5% in premarket trading. “We be...

TJX Cos. TJX stock was down 1.2% in premarket trading on Wednesday after the retailer issued fourth-quarter guidance below analyst estimates, even as its third-quarter profit beat expectations. TJX said its third-quarter net income rose to $1.19 billio...

VF Corp. VFC, the maker of Vans sneakers and North Face coats, drew an upgrade to neutral from underweight Wednesday. J.P. Morgan analyst Matthew R. Boss raised his price target on VF Corp. to $19 a share from $15. The company’s stock was up 3.9% in pr...

Moody’s Investors Service upgraded Molson Coors Beverage Co.’s TAP senior unsecured rating to Baa2 from Baa3 on Wednesday, and revised the outlook to positive. The move reflects “consistent debt repayment, conservative leverage targets and recent go...

Smith Douglas Homes Corp., a Woodstock, Ga., home builder that lists former Agriculture Secretary and Georgia Governor George E. “Sonny” Perdue III as a shareholder, plans to go public on the New York Stock Exchange under the symbol “SDHC”, according t...

Shares of Advance Auto Parts Inc. AAP sank 6.5% in premarket trading Wednesday, after the auto parts seller reported a surprise large fiscal third-quarter loss and slashed its full-year outlook, while announced a cost-cutting plan aimed at saving $150 ...

Education company Chegg Inc.’s stock CHGG rose 2.6% premarket Wednesday, after the company announced a $150 million accelerated share repurchase with Morgan Stanley Bank N.A. Chegg will make an initial payment of $150 million in return for 13.5 million...

Shares of Target Corp. TGT shot up 9.7% toward a two-month high in premarket trading Wednesday, after the discount retailer reported fiscal third-quarter profit that was well above expectations, while net sales fell short. Net income for the quarter to...

Shares of Arcellx Inc. ACLX were set to surge Wednesday, after biotechnology company announced a $200 million equity investment by Gilead Sciences Inc.’s GILD Kite as part of an expanded collaboration. Under terms of the investment, Gilead will buy 3.2...

Xpeng Inc.’s ADR XPEV fell 2% in premarket trade Wednesday, after the Chinese electric vehicle company’s third-quarter loss widened from a year ago while revenue fell short of estimates. Xpeng posted a net loss of RMB3.89 billion ($0.53 billion), or RM...