Stock futures traded higher ahead of the release Friday of the monthly U.S. jobs report. Economists forecast the U.S. added 170,000 jobs during August.Dell Technologies earned $1.74 a share on an adjusted basis in the second quarter, soundly topping its own forecast for $1.10 a share and Wall Street expectations of $1.14. Revenue of $22.9 billion beat forecasts of $20.9 billion, driven by the company’s PC and enterprise infrastructure businesses.
Tesla unveiled a revamped Model 3 with a longer range but raised the price on the electric vehicle by about 12%. The car was unveiled In China, where the vehicle first went on sale Friday. Tesla also cut prices on its expensive Model S and Model X cars, which start at about $100,000. Shares of Tesla declined 0.7%.
Cloud-computing company Nutanix reported fiscal fourth-quarter revenue that beat analysts’ estimates and issued strong first-quarter sales guidance. The company’s board also authorized the repurchase of up to $350 million in stock. The stock jumped 18% in premarket trading. Lululemon Athletica ‘s earnings in the second quarter beat analysts’ estimates and the yoga-pants maker raised fiscal-year guidance. The stock rose 1.6%.
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