Stocks making the biggest moves after hours: Microsoft, Arista Networks, Advanced Micro Devices, Starbucks and more

Check out the companies making headlines in after-hours trading: Microsoft — Shares dropped 6% after the tech giant reported disappointing results out of its cloud business. That overshadowed beats on both lines for the fiscal fourth quarter. Advanced Micro Devices — The chipmaker jumped 5% as second-quarter results surpassed estimates. AMD posted adjusted earnings of 69 cents per share and revenue of $5.84 billion, while analysts polled by LSEG called for 68 cents in earnings per share and $5.

21 per share, in line with analysts' expectations, per LSEG. Revenue for the period was $906 million, higher than the consensus forecast of $900 million. Caesars Entertainment — Shares of the gaming and hospitality company rose 3% despite a second-quarter report that showed revenue declining year over year. Caesars reported $2.8 billion in revenue for the second quarter, compared to $2.9 billion a year ago.

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Germany to bar Chinese companies' components from core parts of its 5G networksGermany's top security official says the country will bar the use of critical components made by Chinese companies Huawei and ZTE in core parts of its 5G networks in two steps starting in 2026.
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