By Katy Barnato
Amazon $(AMZN)$: The e-retailer projected lower-than-expected sales and operating income and said it plans to allocate a record amount to capital expenditure this year for AI. Shares fell 3% ahead of the open.
Take-Two Interactive Software (TTWO): The videogame maker's quarterly loss was narrower than expected. Chief Executive Strauss Zelnick said this year is shaping up to be one of the company's strongest, with "Grand Theft Auto VI" due in the fall.
Pinterest $(PINS)$: The social-media company said monthly active users reached an all-time high, and gave a higher-than-expected revenue outlook for this quarter. Shares rocketed 20% higher premarket.
E.l.f. Beauty $(ELF)$: The beauty brand known for low-cost, trendy makeup cut its annual sales guidance. Shares tumbled about 25% before the bell.
Affirm $(AFRM)$: The loan provider's quarterly revenue easily beat expectations, while gross merchandise volume-or the total value of transactions on its platform- topped $10 billion for the first time. Shares surged more than 16% premarket.
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(END) Dow Jones Newswires
February 07, 2025 04:49 ET (09:49 GMT)
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