Stocks making the biggest moves after hours: Amazon, Ford, Intel & more

div > div.group > p:first-child"> Shares of Amazon initially jumped 2% in extended trading Thursday before giving up those gains following the release of the e-commerce giant's strong first-quarter earnings. Jeff Bezos' company reported earnings per share of $7.09 on revenue of $59.70 billion. Wall Street expected earnings per share of $4.72 on revenue of $59.65 billion, according to analysts surveyed by Refinitiv.

On an unadjusted basis, Ford's profit slid 34% from the year earlier. However, the demand for its popular pickups and SUVs in North America helped offset losses in China and South America. Shares of Intel dropped 8% after market close on Thursday after reporting strong first-quarter earnings but weak forward-looking guidance. The semiconductor company reported earnings of 89 cents per share, topping estimates of 87 cents per share. Revenue was $16.06 billion, higher than the forecast $16.02 billion, according to analysts surveyed by Refinitiv.

The company reported weak guidance compared with analyst estimates for the full year 2019. Intel expects revenue of $69.0 billion compared with estimates of $71.05 billion. Starbucks shares popped about 2% in extended trading — then pared gains — following the release of the Seattle-based coffee chain's mixed second-quarter earnings. Starbucks reported earnings per share of 60 cents on revenue of $6.31 billion. Wall Street expected earnings per share of 56 cents on revenue of $6.32 billion, according to Refinitiv.Shares of Mattel soared 10% after hours Thursday after posting better-than-expected first-quarter earnings.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves premarket: Bed Beth & Beyond, Tesla, Boeing, Amazon & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »

Like Amazon, these stocks have 100% buy ratings from analystsOnly one other S&P 500 stock has all ‘buy’ ratings from analysts, but a further search identifies dozens more. Don't buy individual stocks even with highest analyst buy ratings. Buy portfolios. Buy ETFs mirroring broad indices eg SPY, VT, ACWI. Analyst ratings subjective. Don't trust them! Trust God instead!
Source: MarketWatch - 🏆 3. / 97 Read more »

$1.4 trillion worth of FANG reports earnings this week. Here's how to play itThe options market is not pricing in how volatile trading could get in the wake of earnings releases by Facebook and Amazon on Wednesday and Thursday.
Source: CNBC - 🏆 12. / 72 Read more »