Stocks making the biggest moves after hours: Microsoft, Alphabet, Snap, Teladoc and more

Stocks making the biggest moves after hours: Microsoft, Alphabet, Snap, Teladoc and more


In this article

  • WFC
  • MSFT
  • GOOGL
  • SNAP
  • RHI
  • TDOC
Visitors are seen at Google Headquarters in Mountain View, California, United States on May 15, 2023.
Tayfun Coskun | Anadolu Agency | Getty Images

Check out the companies making headlines after the bell.

Alphabet — Shares of the Google parent jumped 7% as investors cheered better-than-expected second- quarter results, lifted by strong growth in cloud sales. The company posted earnings of $1.44 per share on $74.6 billion of revenue. Analysts called for earnings of $1.34 per share, adjusted, and revenue of $72.82 billion, per Refinitiv. Strong growth in cloud sales lifted results. The company also announced that Alphabet CFO Ruth Porat would become the president and chief investment officer.

Snap — Snap tumbled 17% after reporting weak guidance for its current quarter. However, the company posted an adjusted loss of 2 cents a share, compared to consensus estimates of a 4 cent loss per share, per Refinitiv. Revenue came in at $1.07 billion, higher than the $1.05 billion expected by analysts.

Microsoft — The big technology stock slid about 1% after reporting slowing revenue growth in its cloud business in the fiscal fourth quarter. Still, the company posted earnings of $2.69 per share, compared to the $2.55 per share anticipated by analysts, per Refinitiv. Microsoft reported $56.19 billion in revenue, beating estimates of $55.47 billion.

Wells Fargo — Shares of the bank jumped 3% in extended trading after Wells Fargo announced a $30 billion share buyback program.

Texas Instruments — Texas Instruments fell 3.7%. The company said to expect between $1.68 and $1.92 in earnings per share for the current quarter, putting much of the range below the $1.91 consensus estimate of analysts polled by FactSet. Texas Instruments guided revenue for the quarter to come in between $4.36 billion and $4.74 billion, a range that includes analysts’ consensus estimate of $4.59 billion, per FactSet.

Intuitive Machines — The space exploration stock advanced 1% after the company was designated part of an award from NASA to assist in the development of lunar night technology.

Robert Half — Shares dropped 12.7% after the employment agency missed expectations for earnings. Management said the company was affected by clients’ elongated hiring cycles. The company posted $1 in earnings per share on $1.64 billion in revenue, while analysts polled by Refinitiv expected $1.14 per share in earnings and revenue of $1.69 billion.

Teladoc — The virtual health care stock rallied 6% following a better-than-expected earnings report. Teladoc said it lost 40 cents per share in its second quarter, beating analysts’ estimates for a 41 cent loss per share, per Refinitiv. The company also beat expectations for revenue, posting $652 million against a consensus estimate of $649 million.



Source

Stocks making the biggest moves midday: Figma, Joby Aviation, CommScope, Wayfair and more
Finance

Stocks making the biggest moves midday: Figma, Joby Aviation, CommScope, Wayfair and more

Check out the companies making the biggest moves midday: Figma — The design company tumbled 22%, giving back a chunk of its initial public offering gains from last week. Figma began trading at the New York Stock Exchange on Thursday, with the stock more than tripling in value on its first day. On Friday, shares […]

Read More
Stocks making the biggest moves premarket: On Semiconductor, Wayfair, Spotify, Tesla and more
Finance

Stocks making the biggest moves premarket: On Semiconductor, Wayfair, Spotify, Tesla and more

Check out the companies making headlines before the bell: Berkshire Hathaway — Class B shares of Warren Buffett’s conglomerate dipped nearly 1% in premarket after Berkshire’s operating profit fell 4% year over year to $11.16 billion in the second quarter, affected by a decline in insurance underwriting. Buffett’s cash hoard of $344.1 billion remained near […]

Read More
Berkshire shares dip after earnings decline, lack of buybacks disappoint investors
Finance

Berkshire shares dip after earnings decline, lack of buybacks disappoint investors

In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway shares dipped after Warren Buffett’s conglomerate reported a small decline in operating earnings, while continuing a stock-selling spree and a buyback halt. The Omaha-based giant saw […]

Read More