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
Take a look at the companies making headlines over the long haul:
apple — Shares of the iPhone maker edged higher after the company beat analysts’ revenue and profit estimates. Apple reported fiscal third-quarter earnings of $1.40 per share, while analysts polled by LSEG expected earnings of $1.35 per share. Revenue of $85.78 billion also exceeded Wall Street expectations.
Intel — Chip stocks fell 17%. Intel said it would suspend dividend payments in the fourth fiscal quarter and announced plans to cut 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 weaker-than-expected second-quarter revenue and forecast a disappointing third quarter. However, its cloud division’s revenue grew 19% in the second quarter, exceeding analysts’ expectations.
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 surveyed by London Stock Exchange Group (LSEG). Meanwhile, revenue of $6.16 billion fell short of analysts’ expectations of $6.28 billion.
break — Shares of the messaging app’s parent company fell 17%. Snap expects third-quarter adjusted earnings of between $70 million and $100 million, below the $110 million expected 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 reached $968 million, above consensus estimates of $938 million.
Clorox — The stock 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.
kotla energy corp. — Coterra Energy shares fell 1.8% following the news Disappointing profit results. Coterra reported adjusted second-quarter 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 expected $4.53 billion.
atlas — The software company’s prospects disappointed investors, sending its shares down more than 13%. Atlassian guided for current-quarter revenue of $1.149 billion to $1.157 billion, while analysts polled by LSEG had expected $1.16 billion.
Booking Holdings – Online travel booking companies fell 4%. Gross bookings for the second quarter were $41.4 billion, below consensus estimates of $41.73 billion, according to StreetAccount. The company posted breakthrough revenue and profits during the period.
—CNBC’s Sarah Min, Yun Li, Samantha Subin, Tanaya Macheel and Darla Mercado contributed reporting.
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