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In after-hours trading, the following companies were in the spotlight:
– Texas Instruments saw a 2% increase as its third-quarter results exceeded analysts’ expectations with earnings of $1.47 per share on revenue of $4.15 billion.
– Seagate Technology slipped 3.6% despite its first-quarter performance beating estimates.
– Manhattan Associates declined nearly 7% after forecasting full-year revenue slightly below analysts’ expectations.
– Enphase Energy tumbled 9% after missing Wall Street’s estimates in the third quarter.
– Canadian National’s shares rose nearly 2% as its third-quarter adjusted earnings matched analysts’ estimates.
– Starbucks shares pulled back more than 3% due to a decline in sales and the suspension of its 2025 forecast.
– McDonald’s stock was 9% lower following news of an E. coli outbreak linked to its Quarter Pounder burgers.
– CoStar Group’s shares were down 5% after its fourth-quarter outlook fell short of analysts’ estimates.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.
