Stocks making the biggest moves after hours: Microsoft, Alphabet, Snap and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

These are the stocks posting the largest moves in extended trading.

Check out the companies making headlines in extended trading. Microsoft — Shares jumped more than 3% after the maker of Windows software and Xbox video games reported fiscal first-quarter results that topped analysts' estimates. Microsoft posted earnings per share of $2.99 on $56.52 billion in revenue. Meanwhile, analysts had forecast EPS of $2.65 on $54.50 billion in revenue, according to LSEG, formerly known as Refinitiv.

CEO Evan Spiegel highlighted a return to sales growth during the quarter. Shares had initially surged as high as 20% in postmarket trading, before reversing gains as investors processed news that some advertisers had paused spending after the onset of the Israel-Hamas war. Texas Instruments — Shares of the semiconductor designer and manufactuer fell 4.4% after a mixed earnings report. The company posted earnings of $1.85 per share, topping analyst estimates of $1.82, according to LSEG.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

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

U.S. stocks pushing higher as earnings season rolls on with Microsoft and Alphabet aheadU.S. stocks are maintaining Tuesday gains, buoyed by stronger than expected results from several blue chip companies even as earnings from two major tech...
Source: MarketWatch - 🏆 3. / 97 Read more »

Microsoft stock gains, Alphabet sells off as mega-caps post earnings resultsMicrosoft (MSFT) won the battle of the mega-caps late Tuesday as it and Alphabet (GOOGL) both posted their earnings results for the most recent quarte
Source: FXStreetNews - 🏆 14. / 72 Read more »

Chevron, Hess, Roivant, Textainer, Microsoft, Alphabet, and More Stock Market MoversChevron will buy Hess in all-stock deal valued at $53 billion, Roche agrees to buy a developer of a drug for people suffering from inflammatory bowel disease...
Source: MarketWatch - 🏆 3. / 97 Read more »

Dow futures lift, Alphabet and Microsoft earnings in focusDow futures lift, Alphabet and Microsoft earnings in focus
Source: Investingcom - 🏆 450. / 53 Read more »

S&P 500 futures gain as Treasury yields fall further, Microsoft and Alphabet earnings loomJamie Chisholm is a markets reporter based in London.
Source: MarketWatch - 🏆 3. / 97 Read more »