ServiceNow, Inc. (NYSE: NOW) made an important announcement regarding its financial strategy. The company's Board of Directors has approved the initiation of a share repurchase program, marking the first of its kind for ServiceNow. This new program authorizes the company to repurchase up to $1.5 billion worth of shares of its common stock. The primary objective behind this program is to effectively manage the potential dilution caused by future employee equity grants and employee stock purchase programs.

In the pre-market trading session, shares of $NOW are currently valued at $475.00, reflecting a positive change of $6.76 or 1.44%.

Moving on, Target Corporation (NYSE: TGT) has released its adjusted earnings per share (EPS) for the first quarter of 2023. The reported adjusted EPS stands at $2.05, surpassing the consensus estimate of $1.76. Brian Cornell, the Chair and CEO of Target Corporation, expressed his thoughts on the company's performance, mentioning that they anticipate a reduction in profitability of over $500 million due to shrinkage compared to the previous year.

During pre-market trading, $TGT is trading at $159.03, showing an increase of $2.12 or 1.35%.

Lastly, Sunrise New Energy Co., Ltd. (Nasdaq: EPOW) released its financial results for the fiscal year 2022. Notably, the company experienced significant revenue growth, with a remarkable 415% increase compared to the previous fiscal year, 2021.

In the pre-market session, shares of $EPOW are trading at $2.54, displaying a substantial rise of $0.61 or 31.60%.

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