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Ralph Lauren (RL) reported better-than-expected fiscal Q4 adjusted earnings and revenue on Thursday.

Shares jumped 15%, with intraday trading volume rising to over 1.18 million from a daily average of roughly 622,000.

IBM (IBM), GlobalFoundries (GFS), and D-Wave Quantum (QBTS) said they are set to receive billions of dollars in US government backing as part of the Trump administration's move to solidify the nation's lead in quantum computing.

IBM shares advanced 10% as intraday trading volume grew to over 15.8 million from a daily average of about 6.33 million.

D-Wave shares soared 28% as intraday trading volume rose to over 80.2 million from a daily average of about 26.8 million.

GlobalFoundries shares rose 13% amid a rise in trading volume to over 7.86 million from a daily average of roughly 4.1 million.

Price: $378.21, Change: $+48.97, Percent Change: +14.87%

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E.l.f. Beauty Fiscal Q4 Adjusted Earnings Fall, Revenue Rises; Issues Fiscal 2027 Guidance

E.l.f. Beauty (ELF) reported fiscal Q4 adjusted net income late Wednesday of $0.32 per diluted share, down from $0.78 a year earlier.Analysts polled by FactSet expected $0.29.Revenue for the quarter ended March 31 rose to $449.3 million from $332.6 million a year earlier.Analysts polled by FactSet expected $423.1 million.For fiscal 2027, the company expects adjusted EPS of $3.27 to $3.32 on revenue of $1.84 billion to $1.87 billion. Analysts expect $3.61 and $1.86 billion, respectively.Shares of the company rose 6% in after-hours activity.

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GUIDANCE: (INTU) Intuit Expects Fiscal 2026 Revenue Range $21.341B-$21.374B, vs. FactSet Est of $21.24B

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