Stock Groups

Meta, Qualcomm, Ford, PayPal and more


In this illustration, a woman is holding a Meta logo smartphone in front of the new Facebook rebrand logo Meta. This picture was taken October 28, 2021.

Dado Ruvic | Reuters

You can see the headline-grabbing companies after bell

Meta Platforms — Meta Platforms’ stock surged more than 17% in extended trading after reporting a beat on earnings but a miss on revenueIn the first quarter. Analyst expectations were also exceeded by daily active Facebook users.

Qualcomm — Shares of the semiconductor rose 5% after hours following a beat on the top and bottom lines in the recent quarterAndroid phone chip sales were a key driver. Qualcomm reported an adjusted revenue of $3.21 per stock on $11.16 billion in revenues. Refinitiv analysts polled expected to earn $2.91 per share on revenue of $10.60billion.

PayPal — Shares of PayPal gained 3.2% after reporting adjusted earnings per share that fell in line with analysts’ estimates and a beat on revenue. For the entire year, the company reduced revenue guidance and adjusted earnings per share guidance. It also issued poor guidance for quarter 2.

Ford — The automaker’s stock rose 4% after reporting adjusted earnings per share of 38 cents on $32.1 billion in revenuesThe first quarter. Refinitiv surveyed analysts and forecast earnings of 37c per share for $31.13 billion revenue. Ford claimed that its share in Rivian, an electric vehicle manufacturer, has led to lower profits.  

Amgen — Amgen shares dropped 5% despite a beat on the top and bottom lines in the previous quarter after disclosing a new dispute with the IRS, seeking billions in back taxes.

Las Vegas Sands — The casino and resort company dipped about 2% in extended trading after reporting a wider-than-expected loss and weaker-than-expected profit in the previous quarter, in part due to continued Covid-19 disruptions.

Pinterest — Shares of Pinterest soared more than 11% in extended tradingAfter reporting an improvement in both the top and bottom line, the company reported a positive quarter. The number of monthly active users decreased by 9% to 433,000,000, year-over-year.

Mattel — Mattel’s stock gained 3.3% after the toy manufacturer reported a beat on revenue and an unexpected profit in the previous quarter.

Teladoc Health — Shares of the telehealth giant sank 38% after reporting a miss on revenue and sharing disappointing revenue guidance for the second quarter.