Trump announces trade deal with EU following months of negotiations
After-hours movers:
Apple (NASDAQ:AAPL) fell 1.7% after its second quarter results failed to impress Wall Street. The company posted quarterly revenue of $95.4 billion, up 5 percent year over year, and quarterly diluted earnings per share of $1.65, up 8 percent year over year.
Amazon (NASDAQ:AMZN) fell 4% despite reporting quarterly results that topped estimates, after guidance disappointed investors. Second quarter operating income is expected to be between $13.0 billion and $17.5 billion, compared with $14.7 billion in second quarter 2024.
Block, Inc (XYZ) fell 16% after missing estimates for the second quarter. Revenue for the quarter came in at $5.77 billion versus the consensus estimate of $6.21 billion.
Airbnb (ABNB) fell 3% after reporting results that were about in-line with consensus and issuing guidance.
Reddit (RDDT) rose 20% after beating estimates on the top and bottom like and issuing strong guidance.
Roku (NASDAQ:ROKU) fell 5% after issuing guidance that disappointed investors. For Q2, Roku estimates total net revenue of approximately $1.070 billion, representing 11% YoY growth. For the full year, it reaffirmed Platform revenue outlook of $3.950 billion and Adjusted EBITDA of $350 million.
Twilio (NYSE:TWLO) rose 10% after estimates topped consensus. Revenue was $1.17 billion, up 12% year-over-year, and it raised full year organic revenue growth guidance to 7.5% to 8.5%.
Atlassian (NASDAQ:TEAM) fell 15% despite reporting better than expected third quarter results after guidance that failed to impress investors. Fourth quarter total revenue is expected to be in the range of $1,349 million to $1,359 million.