U.S. stock futures are trading slightly lower this Monday morning, but that hasn't stopped several companies from making headlines. Here's what investors are watching today.
Executive Departure at NetEase
NetEase Inc. (NTES) announced that Yingfeng Ding will retire from his role as executive vice president and head of the Interactive Entertainment Group, which oversees part of NetEase's online games division. The Chinese gaming giant's shares gained 0.7% to close at $138.07 on Friday.
Earnings and Compliance Updates
Obook Holdings Inc. (OWLS) is expected to report its H1 earnings results after the market closes today. Shares fell 2.1% to settle at $6.21 on Friday ahead of the announcement.
Meanwhile, Immersion Corp. (IMMR) disclosed that it received a delinquency compliance alert notice from Nasdaq. The haptic technology company's shares dipped 0.6% to close at $6.85 on Friday.
Nvidia's Strategic AI Deal
Nvidia Corp. (NVDA) rose approximately 1% on Friday as Wall Street analysts praised the chipmaker's reported $20 billion strategic partnership with AI startup Groq. Analysts believe the deal will further strengthen Nvidia's competitive position in the artificial intelligence market. Shares closed at $190.53 on Friday.
Activist Interest in Target
Target Corp. (TGT) shares climbed 3.1% to close at $99.55 on Friday following a Financial Times report that an activist investor has taken a stake in the retail giant. According to reports, Toms Capital Investment Management has made a significant investment in Target, though specific details about the size of the stake weren't disclosed.




