Federated Hermes‘ Phil Orlando lists what he sees going right for the economy and market rally.

Check out the companies making headlines after the bell.

The stocks making the biggest moves in premarket trading include Alibaba, Estee Lauder, CureVac, and Nvidia.

Victoria’s Secret owner L Brands on Wednesday said its sales fell 20% during the latest quarter with stores closed due to the pandemic, but they weren’t as bad as analysts feared, buoyed by the strength of its soaps and fragrances division.

With help from the $7 billion Mellanox acquisition, Nvidia’s data center business delivered more revenue than the company’s gaming unit for the first time.

China’s Alibaba beat quarterly revenue estimates on Thursday as its core e-commerce business thrived due to people preferring to shop online for essentials, even as coronavirus-related restrictions eased.

Estee Lauder forecast current-quarter profit below analysts‘ estimates on Thursday after posting a bigger-than-expected quarterly loss, as travel restrictions and store closures put in place to contain the spread of coronavirus dampened demand for its premium makeup brands.

European stocks retreated slightly on Wednesday morning, pausing after a strong session stateside that saw the S&P 500 hit a fresh record high.

Walmart’s online shopping strategy is paying off in China, arguably one of the most developed e-commerce markets in the world.

The stocks making the biggest moves in premarket trading include Target, Lowe’s, J&J, Momenta, Gilead, and more.