Amazon.com supply vans in Richmond, California, U.S., on Tuesday, Oct. 13, 2020.
David Paul Morris | Bloomberg | Getty Photographs
Take a look at the firms making headlines in prolonged buying and selling.
Amazon — Stocks of the e-commerce large plunged up to about 19% in prolonged buying and selling Thursday after the corporate posted weaker-than-expected profits and earnings for the 0.33 quarter and issued disappointing fourth-quarter gross sales steering.
Apple — Apple percentage fell up to about 4% following its quarterly monetary record, which incorporated weaker-than-expected iPhone earnings. Apple nonetheless beat Wall Boulevard estimates for its profits and earnings, alternatively, and the stocks pared their losses.
Intel — The chipmaker noticed stocks acquire 7.5% after it mentioned it’s going to ship as much as $10 billion in value discounts and potency enhancements via 2025. The announcement got here as a part of its monetary effects for the latest quarter.
Pinterest — The social media platform’s stocks climbed 15% postmarket after it third-quarter profits and earnings each crowned estimates. Pinterest mentioned running bills will have to develop about 35% year-over-year for 2022.
Gilead Sciences — The pharma corporate added about 4% after third-quarter profits beat analyst estimates, in line with FactSet. Gilead additionally posted better-than-expected earnings and issued upbeat profits and overall gross sales steering.
Vertex Prescription drugs — Stocks of the biotech corporate won 3% following robust quarterly monetary effects. Income and earnings for the 0.33 quarter beat analysts’ estimates, in line with FactSet. Vertex additionally raised its earnings steering for the 12 months.
Capital One — The financial institution’s stocks fell 6% in prolonged buying and selling after Capital One’s 0.33 quarter profits ignored analysts’ reasonable per-share estimates by means of about 18%. Capital One earned $4.20 in keeping with percentage, whilst analysts had been on the lookout for $5.11, in line with FactSet.