Shares of J.Jill (JILL) are trading higher on Wednesday, as the company exceeded fourth quarter net sales estimates. Additionally, J.Jill beat expectations for both profit and earnings, further boosting investor confidence in the stock.

Mobileye (MBLY) has announced an agreement with Volkswagen (VOW.DE) for autonomous driving technology. Under this collaboration, Mobileye will be responsible for providing both hardware and software components to enable self-driving capabilities in Volkswagen's vehicles.

Signet (SIG) shares are trading lower after the company delivered lower-than-expected sales guidance for both the first quarter and fiscal year. This downbeat outlook has overshadowed Signet's fourth quarter earnings, which surpassed estimates.

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Editor's note: This article was written by Angel Smith