Stocks making the biggest moves after hours: Amazon, Intel, Twilio, Reddit, Roblox & more
Here are some of the companies making headlines in extended trading. Amazon — Shares slid more than 6% after third-quarter results missed on the top and bottom lines. Amazon earned $1.89 per share on revenue of $201.94 billion, while analysts polled by LSEG sought $1.96 per share on $202.31 billion. The company reaffirmed its full-year guidance for capital expenditures at $220 billion. Intel — The chipmaker tanked about 17% after guidance for the current quarter came in weaker than expected. Intel sees adjusted earnings of 25 cents per share on revenue of $15 billion to $16 billion. Analysts were looking for EPS of 43 cents and $17.1 billion in revenue, per LSEG. Sandisk — The data storage device manufacturer fell 2% even after reporting an earnings and revenue beat in its fiscal first-quarter financial report. It delivered adjusted earnings of $49.51 per share compared to analysts’ estimates for $46.22, per LSEG. Sandisk also announced an eight-for-one forward stock split. Starbucks — Shares were off 2% after the company reported mixed results in the fourth quarter. The company delivered revenue of $9.14 billion, compared with the $9.23 billion estimate from analysts polled by LSEG, but also posted adjusted earnings that beat expectations. Growth in the company’s international business disappointed, but its domestic locations topped estimates for same-store sales growth. Pinterest – Shares dropped 12% after the company’s latest quarterly results missed expectations on the top and bottom lines. For the third quarter, Pinterest earned 46 cents per share on revenue of $1.17 billion. Analysts surveyed by LSEG, however, anticipated earnings of 48 cents per share and $1.21 billion in revenue. Fourth-quarter revenue projections of $1.425 billion to $1.475 billion missed the FactSet consensus estimate of $1.52 billion. Rivian Automotive — Rivian shares added 4% after the electric-vehicle maker beat Wall Street’s third-quarter expectations as it ramped up production of its new entry-level R2 SUV. Rivian reported 19,248 vehicle deliveries from July through September, up from a year earlier. The company also revised its 2026 guidance, citing expected improvements in vehicle deliveries, adjusted pretax earnings and capital expenditures. Reddit — The social media forum tanked 16% after current-quarter guidance disappointed the Street. Reddit sees fourth-quarter sales in a range of $1 billion to $1.03 billion, while the LSEG consensus estimate sought $1.05 billion. The weak outlook overshadowed top- and bottom-line beats in the third quarter. Roblox — Shares of the gaming platform shed 17% after the company gave disappointing guidance for the fourth quarter. Projected bookings for the period range from $1.89 billion to $2.00 billion, while analysts anticipated $2.00 billion. The company also guided for an adjusted EBITDA loss of $70 million to $10 million. Twilio — The consumer engagement platform fell 18% after the lower end of its earnings forecast fell short of estimates. Twilio sees fourth-quarter adjusted earnings of $1.48 to $1.53 per share, while analysts surveyed by LSEG expected $1.49 per share. Stryker — The maker of medical equipment slid 12% on the back of a guidance cut for the full year. The company expects adjusted earnings in a range of $14.80 to $14.90 per share, missing the FactSet consensus estimate of $14.95. Organic revenue is expected to grow at a rate of 6.5% to 7% year over year, missing analysts’ forecast for an 8.2% increase. CNBC’s Davis Giangiulio, Sean Conlon and Deena Zaidi contributed reporting.
