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In this article SBUX FNKO PYPL BABA 9626-HK BILI 9618-HK JD Follow your favorite stocks CREATE FREE ACCOUNT A customer holds a drink inside a Starbucks coffee shop in San Francisco, California, on Thursday, July 28, 2022. David Paul Morris | Bloomberg | Getty Images Check out the companies making the biggest moves midday: Starbucks — The Seattle-based coffee company jumped nearly 9% after reporting quarterly profit and revenue that topped expectations. Net sales rose 3.35 to $8.41 billion and Global same-store sales rose 7%. Twilio — Twilio's stock plunged nearly 36%, a day after the company issued a weaker-than-expected sales forecast. On Friday, Cowen downgraded the communication tools company to market perform from outperform, citing deteriorating macro trends. Cloud stocks — Cloud stocks took a hit amid concerns that interest rates will rise for longer than previously expected. Better-than-expected jobs data Friday also fueled concern about the Fed's continued tightening...

Sopa Images | Lightrocket | Getty Images Check out the companies making headlines after the bell :  Discover Financial — Shares fell about 1.8% after Discover Financial posted weaker-than-expected earnings for the recent quarter and noted that it expects operating expenses to rise more than previously anticipated for the full year. Cadence Design Systems - Shares of the software firm rose 1.6% after raising its full-year earnings per share guidance and posting a top and bottom line beat for the recent quarter. Cadence Design Systems posted earnings of $1.06 a share, beating an estimate of 96 cents, according to StreetAccount. Qualtrics — Qualtrics' stock surged 9.9% after the company beat analysts' expectations on the top and bottom lines for the recent quarter and raised its guidance. Amazon — Shares of the technology giant slipped less than 1% on a report from the New York Post that it's freezing hiring in its Amazon Web Services division. Packaging Corp of America...

In this article IBM ALL T NVDA TSLA DDOG KMI Follow your favorite stocks CREATE FREE ACCOUNT Elon Musk looks at a robot display during a tour of the new Tesla Motors auto plant, formerly operated New United Motor Manufacturing Inc. (NUMMI), in Fremont, California, U.S., on Wednesday, Oct. 27, 2010. Bloomberg | Bloomberg | Getty Images Check out the companies making headlines in midday trading. AT&T – The telecom giant's stock jumped 7% after the company surpassed earnings and revenue estimates for the recent quarter. AT&T's wireless revenue rose 5.6%. Allstate – Shares of insurer Allstate fell 11% after the company said it would report a loss in the third quarter following Hurricane Ian, which struck in September and boosted catastrophe losses. Tesla – Shares of electric automaker Tesla fell 6% Thursday, a day after the company reported third -quarter earnings that fell short of Wall Street's expectations for revenue. Tesla also warned of a bottleneck for de...

In this article AA KMI LRCX IBM TSLA Follow your favorite stocks CREATE FREE ACCOUNT A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. Annegret Hilse | Reuters Check out the companies making headlines after hours. Tesla — Shares dropped 3.7% after the electric vehicle maker reported third -quarter revenue that missed analyst expectations. Tesla reported earnings of $1.05 per share, compared to expectations of 99 cents adjusted earnings per share, according to analysts surveyed by Refinitiv. Revenue came in at $21.45 billion, less than the $21.96 billion expected. IBM — Shares jumped 3.9% after IBM beat analyst expectations in its third-quarter earnings results, and raised its full-year growth outlook. The tech company reported adjusted earnings of $1.81 per share, greater than the $1.77 per share expected by analysts, according to Refinitiv. Revenue came in at $14.11 billion, or more than the forecasted $13.51 billion. Lam ...

In this article AAPL KMX BBBY RAD Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:40 01:40 News Update – Pre-Markets News Briefing Check out the companies making headlines before the bell: Apple (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said Apple has held up relatively well in a down market, but it expects a negative impact on the company from weakening consumer demand. related investing news Sell Coinbase as rising competition and macro pressures will hurt the stock, Wells Fargo says Carmen Reinicke 2 hours ago CarMax (KMX) – CarMax shares slumped 12.1% in premarket trading after the auto retailer missed estimates on both the top and bottom lines for its latest quarter. CarMax said "affordability challenges" led to a sharp drop in sales in the final months of the quarter. Bed Bath & Beyond (BBBY) – The housewares retailer posted a wider-than-expected quarterly loss and sales that fell short ...

R.J. Scaringe, Rivian's CEO, introduces the world to his company's R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Check out the companies making headlines after the bell :  Rivian Automotive — The electric vehicle maker rose 3.1% in after-hours trading after beating revenue estimates and posting a smaller-than-expected loss in the latest quarter. Rivian reaffirmed its delivery estimates for the year but said it expects a larger loss than anticipated as it grapples with supply chain constraints. Toast — Toast soared more than 10% in extended trading after sharing positive guidance for the current quarter and full year. Revenue for the latest quarter came in at $675 million, topping the $651 million expected by analysts surveyed by Refinitiv. Poshmark — Poshmark slid 5.7% post-market after reporting a wider-than-expected loss in its most recent quarter. Poshmark topped revenue es...

In this photo illustration, the Coinbase logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Check out the companies making headlines in after hours trading. Coinbase – Coinbase fell more than 3.5% in afterhours trading after reporting quarterly earnings . The company missed analyst expectations on both revenue and earnings, partially due to the "crypto winter" seen in the second quarter.   Roblox – Roblox shed nearly 14% postmarket Tuesday after the company's quarterly earnings came in below Wall Street expectations. Roblox reported a loss of 30 cents per share and $639.9 million in revenue, versus analysts' estimate of a loss of 21 cents on $644.4 million in revenue. In addition, Roblox reported 52.2 million daily active users in the quarter, less than expected by Wall Street and down from the first quarter. Wynn Resorts – Shares of Wynn Resorts slipped more than 2.5% late Tuesday after the gaming company missed Wal...