Nike Inc. shares climbed in extended trading after the company reported quarterly revenue that surpassed Wall Street estimates.
The beat marks a potential inflection point for the world's largest sportswear maker, which has faced headwinds in recent quarters.
Investors are interpreting the result as a sign that demand is stabilizing, providing a positive catalyst for the stock ahead of the open.
In the technology sector, cybersecurity stocks are gaining traction ahead of Zscaler's earnings report, which is set to be released after the market closes.
Analysts and traders are showing increased interest in the stock, with some viewing it as a bellwether for the broader security software market.
The premarket rally reflects optimism that Zscaler will deliver strong growth figures, potentially lifting the entire sector.