Amazon, Apple, Robinhood and more

Amazon, Apple, Robinhood and more

Try the businesses making headlines in prolonged buying and selling.

Amazon — Shares of the e-commerce big tumbled by 10% after hours, after the corporate reported first-quarter outcomes and issued weaker-than-expected income steering for the second quarter. Amazon recorded a $7.6 billion loss on its Rivian funding after the EV maker’s shares misplaced more than half their worth within the quarter.

Robinhood — The investing app’s shares dropped more than 8% after reporting a wider-than-expected loss and shrinking income for the primary quarter. The corporate additionally reported a lower in month-to-month energetic customers, to fifteen.9 million from 17.7 million a yr in the past.

Intel — Tech agency Intel’s shares fell more than 4% after the corporate issued weak steering for its fiscal second quarter. Intel known as for adjusted second quarter-earnings per share of 70 cents, in comparison with the 83 cents per share anticipated by analysts polled by Refinitiv.

Western Digital — The pc firm’s shares rose more than 2% in prolonged buying and selling following a powerful earnings report for the corporate’s most up-to-date quarter. Western Digital posted $1.65 per share in earnings for the quarter, in comparison with estimates of $1.49 per share, in accordance with FactSet. It additionally topped income estimates and issued sturdy steering for the subsequent quarter.

Apple — Apple shares obtained a more than 2% increase after hours following its quarterly earnings report, wherein it posted a giant earnings beat and 9% improve in income on an annual foundation, and approved $90 billion in share buybacks.

Roku — The streaming firm noticed shares bounce more than 7% after reporting quarterly outcomes. Regardless of recording an earnings miss and weak second-quarter income steering, it introduced in $734 million in income for the primary quarter, whereas analysts have been anticipating $718 million, in accordance with Refinitiv.

Mohawk Industries — The flooring firm’s shares jumped more than 10% after hours, following Mohawk’s quarterly outcomes. Mohawk topped income estimates of $2.85 billion, in accordance with FactSet, posting $3.02 billion for the quarter.

Source link

Meta, McDonald's, Teladoc, Ford and more Previous post Meta, McDonald’s, Teladoc, Ford and more
Nasdaq futures slide as Amazon and Apple retreat after earnings Next post Nasdaq futures slide as Amazon and Apple retreat after earnings