BofA: Investors pour into bonds, pull back from crypto
After-hours movers:
Apple (NASDAQ:AAPL) rose 2% after reporting strong quarterly results, beating on the top and bottom line. The Company posted quarterly revenue of $94.0 billion, up 10 percent year over year, and quarterly diluted earnings per share of $1.57, up 12 percent year over year.
Amazon (NASDAQ:AMZN) fell 3% after quarterly results disappointed investors. Net sales increased 13% to $167.7 billion in the second quarter, compared with $148.0 billion in second quarter 2024
Roku (NASDAQ:ROKU) climbed 1.4% following solid Q2 performance. Roku reported Q2 EPS of $0.17, $0.32 better than the analyst estimate of ($0.15).
Reddit (RDDT) jumped 17% after topping expectations for EPS and revenue, with strong guidance. Reddit sees Q3 2025 revenue of $535-545 million, versus the consensus of $473.1 million.
Coinbase (NASDAQ:COIN) fell 9% after disappointing quarterly figures. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.59 billion.
Rocket Companies (RKT) gained 5% after beating analyst estimates. It generated total revenue, net of $1.36 billion and GAAP income of $34 million, along with total adjusted revenue of $1.34 billion and adjusted net income of $75 million.