Stocks making the biggest moves after hours: Chewy, MongoDB, Hewlett Packard Enterprise and more

Stocks making the biggest moves after hours: Chewy, MongoDB, Hewlett Packard Enterprise and more


A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019.

Michael Nagle | Bloomberg | Getty Images

Check out the companies making headlines in extended trading.

Chewy — The pet retailer’s shares surged nearly 20% after hours following the company’s quarterly results. Chewy posted earnings of 4 cents per share, topping analysts’ estimates by 18 cents. Revenue of $2.43 billion came in slightly higher than estimates of $2.42 billion, according to Refinitiv.

Hewlett Packard Enterprise — Shares of the cloud company fell more than 6% after the firm reported quarterly earnings of 44 cents per share, which missed analysts’ estimates by 1 cent per share, according to Refinitiv. Revenue for the quarter also posted a slight miss, coming in at $6.71 billion, compared to estimates of $6.78 billion.

MongoDB — The database platform got a 5% boost in shares after it reported earnings of 20 cents per share, which beat Wall Street forecasts by 29 cents, and revenue of $285 million. Analysts expected just $267 million in revenue, according to Refinitiv.

GameStop — The video game retailer’s shares dropped less than 1% after the company reported its quarterly results, which include revenue of $1.38 billion and a loss of $2.08 per share. GameStop recently announced it will soon launch an NFT marketplace, but it gave no update on this in its financial results.

PVH — Apparel company PVH’s shares advanced more than 4% after reporting financial results that beat Wall Street forecasts for the most recent quarter. The maker of Tommy Hilfiger, Calvin Klein and other brands reported a profit of $1.94 per share, which is higher than estimates by 33 cents per share. It posted $2.12 billion in revenue, compared to estimates of $2.09 billion.



Source

China’s Baidu adds OpenClaw AI into search app for 700 million users ahead of Lunar New Year
Finance

China’s Baidu adds OpenClaw AI into search app for 700 million users ahead of Lunar New Year

Key Points Baidu added OpenClaw to its search app for 700 million users. Previously, the AI agent could only be accessed from chat-based apps such as WhatsApp or Telegram. The integration comes as Chinese tech companies compete for new AI users ahead of the Lunar New Year holiday. Source

Read More
Stocks making the biggest moves after hours: Rivian, Applied Materials, Airbnb, Pinterest, DraftKings & more
Finance

Stocks making the biggest moves after hours: Rivian, Applied Materials, Airbnb, Pinterest, DraftKings & more

Check out the companies making headlines in after-hours trading. Applied Materials — The California-based semiconductor equipment company jumped 11% on the back of blowout earnings results. Applied Materials reported adjusted earnings of $2.38 per share on revenue of $7.01 billion, while analysts polled by LSEG expected earnings of $2.20 per share on revenue of $6.87 […]

Read More
Stocks making the biggest moves midday: Crocs, Cisco, Lululemon, AppLovin & more
Finance

Stocks making the biggest moves midday: Crocs, Cisco, Lululemon, AppLovin & more

Check out the companies making the biggest moves in midday trading: Crocs — Shares of the clogs manufacturer surged 21% after Crocs reported upbeat guidance for the current quarter. The company sees adjusted earnings ranging from $2.67 to $2.77 per share, surpassing the FactSet consensus call for $2.52 per share. The earnings outlook for the […]

Read More