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Showing posts with the label topped estimates

Stocks making the biggest moves after hours: Amazon, Apple, Pinterest, Intel and more

Amazon.com delivery trucks in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading . Amazon — Shares of the e-commerce giant plunged as much as about 19% in extended trading Thursday after the company posted weaker-than-expected earnings and revenue for the third quarter and issued disappointing fourth-quarter sales guidance. Apple — Apple share fell as much as about 4% following its quarterly financial report, which included weaker- than-expected iPhone revenue. Apple still beat Wall Street estimates for its earnings and revenue, however, and the shares pared their losses. Intel — The chipmaker saw shares gain 7.5% after it said it will deliver up to $10 billion in cost reductions and efficiency improvements through 2025. The announcement came as part of its financial results for the most recent quarter. Pinterest — The social media platform's shares climbed 15% postmark...

Stocks making the biggest moves after hours: Disney, Bumble, Sonos & more

In this article SONO DIS Disney store is seen in Times Square, New York City. Nick Pfosi | Reuters Check out the companies making headlines after the bell Wednesday :  Walt Disney — Shares of the entertainment company jumped 5.8% after Disney posted better-than-expected Disney+ subscription numbers for the previous quarter. Subscriptions came in at 152.1 million, above the expected 147.76 million according to StreetAccount. Disney's earnings per share and revenue also topped estimates . Sonos — Shares of the wireless home sound system maker cratered more than 19% after the company slashed its full-year guidance amid a challenging macro environment. Sonos' earnings and revenue for the previous quarter also missed expectations . Bumble — Bumble slumped more than 13% after slashing its guidance for the full year despite a revenue beat for the previous quarter. The company cited inflation and foreign exchange headwinds among the reasons for the forecast cut . Vacasa — The vacati...