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.

Dynetics is a dark horse in the race against Elon Musk’s SpaceX and Jeff Bezos‘ Blue Origin to build crewed lunar landers for NASA.

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.

Lowe’s said its second-quarter revenue surged 30% as consumers shifted spending from restaurants and travel to home improvement projects during the coronavirus pandemic.

Target reported dramatic growth among its online services, such as curbside pickup, and had sales growth across all of its merchandise categories.