1 hour ago
Stock prices move significantly after hours
Check out the companies making headlines during after-hours hours.
Palantir Technologies — Shares rose 19.5% after Palantir beat sales in the fourth quarter. According to LSEG (formerly Refinitiv), sales came in at $608.4 million, compared to analysts’ expectations of $602.4 million. The company reported adjusted earnings of 8 cents per share, in line with analyst expectations. CEO Alex Karp also highlighted the growth of the company’s artificial intelligence platform.
NXP Semiconductors — The chipmaker rose more than 3% after better-than-expected fourth-quarter results. NXP reported adjusted earnings of $3.71 per share, 8 cents above analysts’ estimates compiled by LSEG. The company’s revenue was $3.42 billion, which also exceeded analysts’ expectations of $3.4 billion.
Chegg — Shares fell 1% after lower-than-expected first-quarter earnings guidance. Meanwhile, LSEG said the company posted adjusted earnings per share, in line with analyst expectations, and sales were higher than in the fourth quarter.
A complete list can be found here.
— Ha-Kyung Kim
1 hour ago
Stock futures little changed on Monday
US stock futures open near the flatline on Monday.
Futures, which track the Dow Jones Industrial Average, fell 14 points, or 0.04%. S&P 500 futures fell 0.03% and Nasdaq 100 futures rose 0.05%.
— Ha-Kyung Kim
