Latest Developments in After-Hours Trading: An Overview 📈
This year has witnessed significant movements in the stock market as various companies have reported their quarterly results. The shifts in their share prices highlight both strengths and weaknesses across different sectors. Here’s a closer look at the companies that have made headlines recently due to their after-hours trading activities.
📊 IBM: Strong Performance Boosts Shares
IBM’s stock experienced a substantial increase of 9% after the release of its strong fourth-quarter performance. The tech giant reported adjusted earnings of $3.92 per share on a revenue of $17.55 billion, surpassing analysts’ expectations of $3.75 per share and revenue of $17.54 billion. CEO Arvind Krishna also mentioned that the company’s generative artificial intelligence division has seen impressive growth, with an increase of nearly $2 billion quarter over quarter.
📈 Meta Platforms: Earnings Surpass Expectations
Meta Platforms enjoyed a share increase of approximately 5% following positive earnings results. For the fourth quarter, the company reported earnings of $8.02 per share and revenue reaching $48.39 billion, both of which outperformed the analysts’ consensus estimates of $6.77 per share in earnings and $47.04 billion in revenue. Additionally, reports indicate that the company is dealing with legal matters involving President Donald Trump, which may require a settlement payment of about $25 million related to a lawsuit from 2021.
💻 Microsoft: Mixed Results from Azure
Despite solid overall performance, Microsoft’s shares dipped by roughly 2%. The company’s Azure cloud services recorded a growth of 31% in the fiscal second quarter, although it narrowly missed the projected growth of 31.1%. Overall, Microsoft achieved solid earnings that exceeded Wall Street’s forecasts.
🚗 Tesla: Shares Steady Despite Missed Targets
Tesla saw its stock rise more than 2%, even though its adjusted earnings were lower than expected. The electric vehicle manufacturer reported earnings of 73 cents per share on revenues of $25.71 billion, while analysts were projecting earnings of 76 cents per share and revenue of $27.27 billion.
📉 ServiceNow: Stock Decline After Earnings Report
ServiceNow’s shares dropped over 7% after reporting fourth-quarter results that aligned with analysts’ forecasts. The company recorded earnings of $3.67 per share, excluding certain items, on revenue of $2.96 billion, which met analysts’ expectations for that period.
🏡 Whirlpool: Revenue Decline Affects Stock
Whirlpool’s shares declined by 12% following a quarterly report that revealed a more significant decrease in revenue than anticipated. The company reported net sales of $4.14 billion, which fell short of the projected $4.24 billion by analysts. Whirlpool plans to implement cost reductions of $200 million in 2025.
⚡ Wolfspeed: Gradual Stock Increase After Earnings
Wolfspeed’s stock saw a slight uptick after it reported second-quarter results that surpassed estimates. The company posted an adjusted loss of 95 cents per share on revenue of $180.5 million, exceeding the anticipated loss of $1.02 per share and revenue of $179.9 million according to analysts.
📈 Lam Research: Earnings Beat Expectations
Lam Research experienced a nearly 6% rise in stock price after announcing stronger-than-anticipated earnings for the second quarter. The company achieved adjusted earnings of 91 cents per share, exceeding the analysts’ estimate of 88 cents, although its revenue fell short of expectations.
🔻 Western Digital: Disappointing Earnings Reports
Western Digital saw its shares dip nearly 2% following disappointing second-quarter earnings results. The adjusted earnings per share were $1.77, slightly below the consensus estimate of $1.78, despite the quarterly revenue of $4.29 billion exceeding expectations of $4.26 billion.
👖 Levi Strauss: Stock Declines on Guidance
Levi Strauss shares fell by 7% after the company provided disappointing full-year guidance, despite its fourth-quarter results coming in stronger than forecasts. The clothing manufacturer anticipates earnings per share in the range of $1.20 to $1.25 for the year ending November 2025, lower than the StreetAccount estimate of $1.37.
🎮 Nvidia: Stock Recovery Following Volatility
Nvidia shares responded positively, rebounding more than 1% after a prior 4.1% loss earlier in the week. The stock has experienced fluctuations during the week, having initially dropped to a 17% decline amidst concerns regarding Chinese AI startup DeepSeek and its potential impact on technology spending.
🏖️ Las Vegas Sands: Positive Stock Movement Despite Mixed Results
Las Vegas Sands reported its stock jump by more than 9%, despite presenting mixed results for the fourth quarter. The company posted earnings of 54 cents per share on revenue of $2.9 billion, which slightly fell short of analysts’ expectations of 58 cents per share and $2.87 billion in revenue.