Slack's first quarterly report as an independent company could be its last. Salesforce's $27.7 billion acquisition of the messaging platform is likely to finalize in the coming months. Following the results report, the company's shares was trading marginally lower. Slack has been criticised for failing to capitalize on the waning demand for work-from-home software. Slack saw 39 percent user growth in the past quarter, exceeding Q1 projections.

MongoDB MDB reported a 15-cent-per-share adjusted loss in the first quarter of fiscal 2022, which was less than the Consensus Estimate of a 36-cent-per-share loss. However, the amount was higher than the year-ago quarter's loss of 13 cents a share.

Furthermore, sales of $181.6 million increased 39.4 percent year on year and comfortably above the consensus target by 7.5 percent. MongoDB also announced a global collaboration with Tencent and Google.

As of 10:19 a.m. PST, MongoDB's stock price was up 10.50 percent to $299.61.

European officials are conducting their first in-depth investigation into Facebook. The European Commission has stated that it will look into whether Facebook is misusing data collected from advertising. The investigation is the latest in a series of moves to curb large tech industry domination throughout the continent. At the same time, the United Kingdom stated that it was investigating Facebook's Marketplace and Dating services, only hours after Germany's antitrust agency opened a case against the Google News Showcase program.

Thursday after market close, DocuSign reported adjusted earnings of 44 cents per share on revenue of $469.1 million, up from $297 million. Wall Street expected adjusted earnings per share of 28 cents on revenue of $437.6 million. Analyst Brian Schwartz of Oppenheimer reduced his price objective on DocuSign from $300 to $260 while maintaining an outperform rating.

Citigroup analysts boosted DocuSign's price objective to $288 from $282, while Morgan Stanley boosted its price target to $295 from $290.

Docusign stock prices is up 18% at $229.74 on the last check at 9:58AM PST.

CrowdStrike Holdings, Inc. (CRWD) reported triple-digit profit increase in the first quarter of its fiscal year. CrowdStrike offers services such as cloud workload and endpoint security, threat intelligence, and hack response. In the first quarter, the firm earned $0.10 per share, a 400% increase over the previous year. The business anticipates overall sales and profit in the range of $318.3 million to $324.4 million for the fiscal second quarter. The average analyst price objective is $252.74, implying a 20.3 percent increase from present levels.

Broadcom (AVGO) posted better-than-expected fiscal Q2 earnings, owing to increased demand for chips in a variety of end sectors.

Bitcoin came under pressure and fell below the $37,000 mark after several tweets from Elon Musk were seen as a warning that he would break up with Bitcoin. In one of his tweets on Thursday he posted hastag #Bitcoin with a broken-heart emoji and a picture of a couple discussing a breakup.

Apple's (AAPL) annual WWDC, or Worldwide Developers Conference, begins on Monday at 1 p.m. ET.

The company is expected to release a wave of significant updates:

iOS 15 and iPadOS 15,

Changes to WatchOS 8 and macOS

MacBook Pro 14-inch and MacBook Pro 16-inch models as reported in macrumors.com.

On Friday, investors absorbed a mixed report on the status of the US labor market. Following the release of the Labor Department's May jobs data, the three major indices rose. On the last check at 9:50AM PST, S&P500 gained 0.7%, DowJones +0.34%, Nasdaq +1.35%. The unemployment rate decreased to a new pandemic-era low of 5.9 percent, although this was accompanied by a decrease in labor force participation. Investors may see the two consecutive misses in job gains as evidence that the economy has not yet recovered sufficiently to warrant a shift in the Federal Reserve's ultra-accommodative monetary policy.

Tesla has forced to recall roughly 6000 vehicles in the United States owing to unsecured brake calliper nuts, which might lead to low tire pressure.

According to Reuters, the recall includes Model 3 vehicles manufactured between 2019 and 2021, as well as Model Y cars manufactured between 2020 and 2021.