
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
Jeff Bezos, Amazon Lindsey Wasson | Reuters _Check out the companies making headlines after the bell Thursday_: Apple stock climbed more than 3 percent in extended trading. The technology
giant beat analyst projections on top and bottom lines, reporting first quarter earnings per share of $3.89 on revenue of $88.3 billion. But Apple under-performed on one key metric: iPhone
sales. Apple reported selling 77.3 million units, missing the 80 million mark, anticipated by Wall Street. In the year-ago quarter, Apple sold 77 million units. Shares of Amazon jumped more
than 6 percent in the extended session. The e-commerce and cloud computing company reported strong earnings and revenue on Thursday. Amazon reported $3.75 EPS on $60.5 billion in revenue.
Amazon's cloud subsidiary Amazon Web Services surpassed analyst expectations on revenue, and is forecast to continue growing at a 40 percent pace, despite intensifying competition from
Microsoft and Google. Alphabet stock tanked after the bell, losing 4.5 percent before recovering slightly, down 2.6 percent. The multinational technology company announced mixed fourth
quarter financial results, reporting earnings of $9.70 on revenue of $32.32 billion. Analysts were anticipating earnings per share of $9.98 on $31.86 billion in revenue. Shares of Viacom
shot up 1.5 percent in the extended session, after the media company announced it would explore plans to merge with CBS. In separate announcements, the two companies said their boards formed
exploratory committees to discuss a merger, but that the talks were no guarantee of a deal. The companies were split more than a decade ago by media mogul Sumner Redstone, although the
Redstones still control both through a third, private company. CBS stock edged up 0.5 percent after the announcement. Shares of Mattel plunged 7.7 percent in extended trading. The toy
manufacturer announced holiday season sales that missed Wall Street expectations. Mattel reported weak demand for key brands, including Fisher-Price and American Girl. Residual effects from
the collapse of Toys R Us, also pulled on the struggling company during what should have been the most profitable time of the year. GoPro stock lost more than 3 percent after the bell. The
technology company reported fourth quarter earnings and revenue that missed analyst expectations, even after lowering revenue guidance to $340 million, earlier in January. GoPro reported
loss per share of $0.30 on $334.8 million in revenue, missing projections of $0.11 loss per share on $340.1 million in revenue. Amgen shares dropped nearly 2 percent after the bell. The
biopharmaceutical company just missed Wall Street expectations on top and bottom lines for the fourth quarter. Amgen reported earnings per share of $2.89 on revenue of $5.8 billion, versus
the $3.03 EPS on $5.83 billion in revenue expected.