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After-hours buzz: Facebook, Microsoft, Tesla & more

After-hours buzz: Facebook, Microsoft, Tesla & more

Finance
Check out the companies making headlines after the bell: Shares of Facebook popped more than 7% in extended trading Wednesday following the release of the social media giant's first-quarter earnings. Facebook reported earnings per share of 85 cents, which was not comparable to analysts' estimates due to a $ 3 billion legal expense related to a Federal Trade Commission inquiry into Facebook's privacy policies. Revenue came in at $ 15.08 billion, topping Wall Street's $ 14.98 billion forecast, according to Refinitiv. Daily active users increased 8% year over year to total 1.56 billion. Average revenue per user was $ 6.42, beating estimates of $ 6...
After-hours buzz: Snap, eBay, Texas Instruments & more

After-hours buzz: Snap, eBay, Texas Instruments & more

Finance
Check out the companies making headlines after the bell: Shares of Snap soared as much as 10%, before paring gains to trade just 1% up, in extended trading Tuesday following the release of the company's strong first-quarter earnings. Snap, the maker of Snapchat, reported a 10 cent loss per share, compared to the estimated loss of 12 cents per share. Revenue was $ 320 million, topping estimates of $ 307 million, according to Refinitiv. Revenue grew 39%, outpacing last quarter's 36% growth. The company sited improvements to its ad tools for its better-than-expected revenue growth. Snap's global daily active users came in at 190 million, topping e...
After-hours buzz: TSLA, COST & more

After-hours buzz: TSLA, COST & more

Finance
Check out the companies making headlines after the bell: Tesla stock dipped 2 percent in the extended session following a tweet by CEO Elon Musk that mocked the Securities and Exchange Commission, just days after the two reached a settlement to drop fraud charges against Musk. Musk tweeted shortly after the market close on Thursday, "Just want to that the Shortseller Enrichment Commission is doing incredible work. And the name change is so on point!" The SEC declined to comment on the tweet. Costco shares fell as much as 3 percent in after-hours trading after the compan...
After-hours buzz: TLRY, FIT & more

After-hours buzz: TLRY, FIT & more

Finance
Check out the companies making headlines after the bell: Fitbit Inc stock fell nearly 2 percent during post-trading hours. The stock closed up 6.4 percent, after President Donald Trump announced on Monday that the $ 200 billion tariff on Chinese goods will avoid smartwatch makers and fitness trackers. Tilray Inc stock rose more than 5 percent after market-close, continuing the company's positive trend from the trading day. Shares soared 29% during the trading day after the announcement that the cannabis producer will be able to import marijuana to the U.S. for medical research. ...