Customers try on and learn about Apple Vision Pro headphones at an Apple Store in Shanghai, China, on July 22, 2024.
Cost Photo | Noor Photo | Getty Images
Check out the companies making headlines over the long term.
apple – Shares of the iPhone maker fell nearly 2% despite the company’s revenue and profit beating analysts’ expectations. apple Reports fiscal third-quarter earnings $1.40 per share, while analysts polled by LSEG expected $1.35 per share. Revenue of $85.78 billion also exceeded Wall Street expectations.
Intel — Chip stocks fell 17%. Intel said it would suspend its fourth-quarter dividend, it announced layoff plans 15% of its workforce. The news coincided with worse-than-expected quarterly results. Intel also shared disappointing guidance for the quarter.
Amazon – Shares of the e-commerce giant fell 5% in after-hours trading. The company reported Revenue weaker than expected and issued a disappointing third-quarter forecast. Cloud division revenue grew 19% in the second quarter Beat analysts’ expectationsHowever.
door panel — Shares of the online food ordering company soared nearly 14% after reporting second-quarter revenue that beat expectations. DoorDash reported revenue of $2.63 billion, while analysts polled by LSEG estimated revenue of $2.54 billion. Management also raised its third-quarter market order value forecast.
Coin library – Shares of the cryptocurrency exchange operator were up nearly 5% in after-hours trading. Second-quarter revenue was $1.45 billion, slightly above expectations of $1.4 billion, according to LSEG.
clogged — Shares of the financial technology company rose more than 7% as second-quarter adjusted earnings beat estimates. Bullock reported adjusted earnings of 93 cents per share, beating the consensus estimate of 84 cents per share, according to analysts polled by London Stock Exchange Group (LSEG). Meanwhile, revenue of $6.16 billion fell short of analysts’ expectations of $6.28 billion.
break – The parent company of the messaging app fell 17%. Snapshot call Adjusted earnings for the third quarter It is expected to be between $70 million and $100 million, below the $110 million forecast by analysts polled by StreetAccount. Revenue in the latest quarter missed Wall Street expectations.
Year — Roku shares rise more than 5% following news Second quarter results This exceeded expectations. The streaming device company reported a quarterly loss of 24 cents per share, below expectations and better than the 43 cents per share loss expected by analysts polled by LSEG. Revenue came in at $968 million, above consensus estimates of $938 million.
Clorox — Shares rose 4%. Clorox issued full-year fiscal profit guidance of $6.55 to $6.80 per share, above analysts’ expectations of $6.45 per share, according to analysts surveyed by LSEG. Fiscal fourth-quarter adjusted earnings were $1.82 per share, compared with consensus estimates of $1.56 per share.
kotra energy corp. — Coterra Energy shares fell 1.8% following the news Disappointing profit results. Coterra reported second-quarter adjusted earnings of 37 cents per share, missing the FactSet consensus estimate of 39 cents per share.
go dad — Shares rose 6% after the website hosting company raised its full-year revenue guidance. GoDaddy issued full-year revenue guidance of between $4.525 billion and $4.565 billion, while analysts polled by FactSet had expected $4.53 billion.
—CNBC’s Sarah Min, Yun Li, Samantha Subin, Tanaya Macheel and Darla Mercado contributed reporting
