Shares of Bed Bath & Beyond Inc. climbed another 69% to $3.49 a share in Wednesday trading, bringing this week's gains to 166%, erasing the share-price slump last week.

After Coinbase Global Inc. cut its headcount by about 18% last year, the cryptocurrency exchange said it is laying off 950 employees, or 20% of the workforce, in another round of job cuts to reduce costs.

US technology giant Microsoft Corp. is reportedly negotiating with the creator of the viral artificial intelligence bot ChatGPT to invest as much as $10 billion in OpenAI.

Head of Tesla Inc's China arm, Tom Zhu, has reportedly taken over responsibilities for sales, service, and deliveries in North America, citing people familiar with the matter.

Sparking a sharp move lower in its shares in premarket trading, Lululemon Athletica Inc. tightened its fourth-quarter earnings forecast and increased its revenue target but warned it expects a drop in margins.

In the latest sign that a technology slump is worsening, Amazon.com Inc. is laying off more than 17,000 employees, a much more significant number than the 10,000 cuts the retailer previously anticipated.

For the first time since March 2021, Apple's market value slid below $2 trillion after the company's shares closed down 3.7% in Tuesday's trading session over investor concerns that the Tim Cook-led company will continue to struggle with iPhone 14 Pro shipments during the holiday season.

This week, Micron Technology Inc., the largest memory chipmaker in the US, reported fiscal first-quarter results that reached the low end of its guidance for both revenue and profits.

Lifted by price increases and cost-cutting that helped make up for package volume decline, FedEx Corp. reported fiscal second-quarter earnings that beat analysts' expectations.

Following a Bloomberg News report that merger partner Microsoft is "ready to fight" to complete its acquisition of the video game maker, shares of Activision Blizzard gained 3% in pre-open trading Monday.

Lauding its success in clearing through a hefty inventory pile, Nike on Tuesday reported quarterly results that easily topped analyst expectations while raising its guidance.

On Thursday, Adobe announced fourth-quarter earnings and gave guidance that exceeded Wall Street estimates. While the stock is down 42% so far this year, shares of the software company rose 6% in extended trading following the results.

Walt Disney shares fell 4.8% on Monday following a disappointing opening box office weekend for James Cameron's "Avatar: The Way of Water."

In the latest sign that staff layoffs are accelerating across Wall Street, a source familiar with the matter said Goldman Sachs Group Inc. is planning to cut thousands of employees to navigate a challenging economic environment.

As Warner Bros. Discovery tries to pare down operations, the company on Wednesday said it expects to face charges as much as $5.3 billion related to its acquisition of AT&T's WarnerMedia.