Shares of VeriFone Systems Inc. (PAY) slumped more than 9% in after hours trading after the San Jose, California-based electronic payment technology company gave a weak outlook for the third quarter.
Semtech Corp. (SMTC) shares fell more than 4% in extended hours trading after the supplier of analog and mixed-signal semiconductor products reported first quarter sales and profit that fell from last year and missed analysts' estimates.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.