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.

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.

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

Target CEO Brian Cornell said Americans shopped because they couldn’t go on vacation or spend money on typical summer activities during the pandemic.

On Tuesday, the S&P 500 rose to its highest level ever, gaining back all of the index’s coronavirus-related losses.

Telsey Advisory Group CEO Dana Telsey lists which retailers should see strong profits beyond earnings season.