• Home 1
  • Privacy Policy
LSD News
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
LSD News
No Result
View All Result
Home Finance

Stocks making the biggest moves after hours: Netflix, Tesla, IBM and more

by
July 19, 2023
in Finance
0
Stocks making the biggest moves after hours: Netflix, Tesla, IBM and more
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


The Tesla factory in Tilburg, Netherlands.

Jasper Juinen | Bloomberg | Getty Images

Check out the companies making headlines in extended trading.

Netflix — The streaming giant’s shares tumbled more than 5% after posting its quarterly results Wednesday after hours. The company said it was too early to assess the effects of its crackdown on its password sharing and revenue from its ad-supported offering. In its latest quarter, Netflix posted earnings of $3.29 per share on revenue of $8.19 billion. Analysts polled by Refinitiv called for earnings of $2.86 per share and revenue of $8.3 billion.

IBM — The business services company’s shares shed 0.7% following its mixed second-quarter earnings report. The company posted revenue of $15.48 billion, missing Wall Street’s forecast of $15.58 billion, according to Refinitiv. IBM reported adjusted earnings of $2.18 per share, which was higher than analysts’ consensus estimate of $2.01 per share.

Tesla — Tesla shares fluctuated near the flatline following its second-quarter earnings announcement. While the company reported record-high quarterly revenue, operating margins also fell to 9.6%, the lowest level in the past five quarters due to price cuts and incentives.

United Airlines — United Airlines shares jumped 2.5% after its second-quarter earnings and revenue topped analysts’ expectations despite flight disruptions at its Newark, New Jersey, hub. The company posted adjusted earnings of $5.03 per share and total revenue of $14.18 billion. Meanwhile, analysts polled by Refinitiv had estimated $4.03 earnings per share and $13.91 billion in revenue. The company also announced a stronger-than-expected forecast for the current quarter. American Airlines shares gained 1.4% following the news.

Zions Bancorp — The regional bank stock rallied 7% after its earnings results topped analysts’ estimates. Zions posted $1.11 earnings per share in the second quarter, while analysts’ consensus estimates were $1.08, according to FactSet.

Las Vegas Sands — The resort developer’s stock declined nearly 3%. The action came despite a beat on the top and bottom lines. Las Vegas Sands posted adjusted earnings of 46 cents a share on revenue of $2.54 billion in the second quarter. Analysts polled by Refinitiv anticipated earnings of 43 cents per share on revenue of $2.39 billion.

Discover Financial — Shares of the digital banking company plunged 13% after its second-quarter results missed analysts’ estimates. Discover Financial posted $3.54 earnings per share on revenue of $3.88 billion in the second quarter. Analysts had anticipated $3.67 earnings per share and revenue of $3.88 billion, according to FactSet. Discover disclosed it’s in discussions with regulators over a “card product misclassification” issue. The company has also paused share buybacks.

Tags: biggestBreaking News: MarketsBusinessbusiness newsDiscover Financial ServicesDividendsearningseconomyhoursIBMInternational Business Machines CorpLas Vegas Sands CorpmakingMarket InsiderMarketsmovesNetflixNetflix IncStock marketsstocksTeslaTesla IncUnited Airlines Holdings IncZions Bancorporation NA
Previous Post

Tesla shares dip after hours as earnings call disappoints

Next Post

Technology to eliminate

Next Post
Technology to eliminate

Technology to eliminate

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 139 Followers
  • 205k Subscribers
  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto

As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto

March 23, 2025
Why startups and tech giants are racing to build a practical quantum computer

Why startups and tech giants are racing to build a practical quantum computer

March 23, 2025
Bitcoin Holds Critical Support At ,444 As Bulls Target Key Resisitance

Bitcoin Holds Critical Support At $83,444 As Bulls Target Key Resisitance

March 23, 2025
Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

March 23, 2025
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

5
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

5
Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

3
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

1
Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea

Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea

October 14, 2025
Google to invest  billion to build data center hub in India; largest outside of the U.S.

Google to invest $15 billion to build data center hub in India; largest outside of the U.S.

October 14, 2025
Bitcoin Whale Breaks 13-Year Silence, Moves  Million To Exchange

Bitcoin Whale Breaks 13-Year Silence, Moves $33 Million To Exchange

October 14, 2025
Anant Raj Ltd raises Rs 1,100 crore via QIP

Anant Raj Ltd raises Rs 1,100 crore via QIP

October 14, 2025

Recent News

Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea

Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea

October 14, 2025
Google to invest  billion to build data center hub in India; largest outside of the U.S.

Google to invest $15 billion to build data center hub in India; largest outside of the U.S.

October 14, 2025
Bitcoin Whale Breaks 13-Year Silence, Moves  Million To Exchange

Bitcoin Whale Breaks 13-Year Silence, Moves $33 Million To Exchange

October 14, 2025
Anant Raj Ltd raises Rs 1,100 crore via QIP

Anant Raj Ltd raises Rs 1,100 crore via QIP

October 14, 2025

We bring the latest news from all over the world and get all time updated you

Follow Us

Browse by Category

  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
  • Uncategorized

Recent News

Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea

Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea

October 14, 2025
Google to invest  billion to build data center hub in India; largest outside of the U.S.

Google to invest $15 billion to build data center hub in India; largest outside of the U.S.

October 14, 2025
No Result
View All Result
  • Home 1
  • Privacy Policy

© 2024 LSD News title="Jegtheme">Jegtheme.