By Caitlin McCabe

Celsius $(CELH)$: The energy-drink maker is buying rival Alani Nu for $1.8 billion. It also reported better-than-expected adjusted earnings and revenue. Celsius stock jumped about one-third in premarket trading.

Alibaba (HK:9988), $(BABA)$: The Chinese e-commerce company reported its fastest revenue growth since late 2023, boosted by its AI business. Share jumped nearly 15% in Hong Kong, their biggest one-day jump since spring 2022.

Nissan (JP:7201): The Financial Times reported that a Japanese group including a former prime minister plans to approach Tesla $(TSLA)$ about investing in Nissan. Shares of the Japanese carmaker gained 9.5%.

Block $(XYZ)$: The parent company of Cash App and Square reported revenue and adjusted earnings that missed expectations. Shares fell more than 7% premarket.

Rivian $(RIVN)$: The electric-vehicle maker reported its first quarter of gross profit, though much of that was driven by sales of regulatory credits to other auto companies, rather than EV sales. Shares lost 1.5% premarket.

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(END) Dow Jones Newswires

February 21, 2025 04:59 ET (09:59 GMT)

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