U.S. AI stocks, those linked to artificial intelligence, were moving in opposite directions before Friday’s open. Microsoft dropped roughly 10%, whereas Meta climbed around 10%. Nvidia edged up about 0.5%, but Broadcom and AMD slipped lower.
Adobe Inc shares slipped 2.7% to $291.65 in late after-hours on Thursday, following an intraday range from $285.11 to $296.93. The session saw roughly 7.4 million shares change hands.
Shares of Advanced Micro Devices Inc slipped roughly 0.2% in after-hours trading Thursday, closing at $252.18. During the regular session, the stock fluctuated between $241.06 and $260.22. Trading volume reached around 31.4 million shares.
ServiceNow shares dropped roughly 10% on Thursday, closing the regular session near $116.73 before slipping to $113.14 at their low. After-hours trading saw the stock down 9.9%, despite the company’s upbeat forecast, as software stocks broadly sold off.
Oracle shares fell 2.2%, closing at $169.01 in late after-hours trading Thursday, marking another volatile day for the software giant amid investor concerns over rising costs tied to AI data centers.
Microsoft dropped roughly 10% in after-hours trading Thursday, weighed down by a surge in AI infrastructure expenses revealed in its latest earnings. Meta Platforms climbed about 10%, buoyed by a positive outlook. Microsoft last traded at $433.50, while Meta stood at $738.31.
Western Digital reported a 25% rise in quarterly revenue and projects fiscal third-quarter sales near $3.2 billion, driven by steady demand for its high-capacity hard drives in data centers. The company posted adjusted earnings of $2.13 per share and free cash flow of $653 million for the quarter ending Jan. 2. Shares slipped about 0.5% in after-hours trading.
Sandisk shares surged in after-hours trading Thursday following a strong quarterly profit report and a forecast of significant revenue growth, driven by rising demand for AI-related storage.
Apple Inc shares climbed 0.6% to $258.19 in after-hours trading Thursday, ahead of the holiday-quarter earnings report. The stock swung between $254.45 and $259.39 during the session, as investors focused on the company’s AI strategy.
Nvidia shares edged up 0.2% to $191.94 late Thursday in New York, after trading between $186.08 and $193.41 earlier. CEO Jensen Huang, speaking in Taipei, said the “actual license” for the company’s H200 AI chip in China is “being finalised.” He added that Nvidia needs “orders” before it can coordinate supply with manufacturing partner TSMC and noted tight chip packaging capacity.
Shares of Meta Platforms, Inc. jumped roughly 10.7% late Thursday, closing at $740.20 and pushing the Facebook parent company’s market cap near $1.84 trillion. The stock hit an intraday peak of $741.63 after starting the day at $738.00.
Shares of Analog Devices, Inc. slipped $1.46, or roughly 0.5%, to $316.17 on Thursday, trimming some gains after Wednesday’s jump that took the stock to a fresh 52-week high.
Intuit Inc shares plunged 7.5% to $498.09 in Thursday afternoon trading, wiping out roughly $40 per share from Wednesday’s close. The stock hovered close to its session lows.
Shares of Meta Platforms, Inc. jumped roughly 10% to $735.36 in afternoon trading on Thursday, hitting a high of $741.63 earlier. Volume reached about 48 million shares, lifting the company’s market capitalization to near $1.8 trillion.
International Business Machines Corp shares climbed 3.9% to $305.65 Thursday afternoon, after hitting a session high of $323.78. The jump came after the company’s late-Wednesday earnings report topped estimates and reaffirmed its 2026 outlook.