Snowflake stock slides nearly 8% in software rout; traders brace for next catalyst
Shares of Snowflake Inc fell 7.7% to close at $199.37 on Thursday, dipping as low as $196.82 during the session. The stock had finished Wednesday at $216.00.
Palo Alto Networks stock drops after Chronosphere deal closes, with earnings next in focus
Palo Alto Networks, Inc. shares dropped Thursday following the completion of its acquisition of Chronosphere, a provider of observability platforms. The stock ended the day down 4.8% at $174.85 and was last seen at $176.20 in after-hours trading.
Adobe stock tumbles after hours as AI disruption fears hit software names
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.
CrowdStrike (CRWD) stock slides 5% in a software rout — what investors watch next
CrowdStrike Holdings shares fell 5.3% to close at $444.62 on Thursday, pressured by a broad selloff in U.S. software stocks that extended into cybersecurity. After hours, the stock showed little movement.
AppLovin stock price rises 5% after hours — Meta ad read-through and Feb. 11 earnings loom
AppLovin Corp shares climbed roughly 5% in after-hours trading Thursday, closing at $569.24. During the day, the stock fluctuated between $542.36 and $572. Roughly 5.3 million shares exchanged hands.
CoreWeave stock price dips below $100 as insider sale filing hits CRWV after Nvidia-run rally
Shares of CoreWeave Inc fell 6.1% on Thursday, ending the day at $99.53 and retreating below the $100 level following a strong run-up earlier this week. After-hours trading showed little movement.
Broadcom (AVGO) stock price slips after tech wobble — AI spending nerves are back
Shares of Broadcom Inc slipped 0.8% to $330.73 in after-hours trading Thursday, following a day where the stock fluctuated between $320.29 and $335.84. Trading volume hit roughly 20.4 million shares.
Advanced Micro Devices (AMD) stock price holds near $252 after hours as AI spending jitters set up Feb. 3 earnings
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 stock sinks 10% after earnings as AI disruption fears batter software
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.
Palantir (PLTR) stock drops as software rout bites; earnings next week in focus
Palantir Technologies’ shares dropped roughly 3.5% to $151.86 after the U.S. market closed on Thursday. Throughout the day, the stock fluctuated between $147.16 and $159.94.
Western Digital stock whipsaws after earnings as Seagate effect keeps AI storage trade in focus
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.
Apple Earnings Blow Past Forecasts as iPhone Sales Hit Record in $143.8 Billion Quarter
Apple on Thursday reported record revenue and profit for its holiday quarter, driven by iPhone demand and growth in its Services business, and said it generated nearly $54 billion in operating cash flow. CEO Tim Cook said iPhone had “its best-ever quarter driven by unprecedented demand.”
SanDisk stock jumps after blowout earnings as AI data-center demand lifts outlook
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.
Micron (MU) stock steadies after-hours as DRAM shortage warnings flare; Apple earnings next
Micron Technology shares nudged higher in after-hours trading Thursday, last ticking up 0.2% to $435.96. The stock swung wildly during the session, nearly a $29 range from low to high. Trading volume hit around 38.9 million shares.
Microsoft stock plunges as AI spending bill and Azure outlook unsettle investors
Microsoft shares dropped roughly 11% on Thursday, falling $52.95 to close near $428.68 in late trading after dipping to a session low of $421.11.
Meta stock jumps nearly 11% as Wall Street sizes up $135 billion AI spending plan
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.
Nebius (NBIS) stock price drops 7% as Microsoft-led tech rout hits AI cloud names
Nebius Group N.V. shares dropped 7.4% to $93.01 Thursday afternoon, erasing an early rally that had briefly pushed the stock above Wednesday’s close.
Microchip Technology stock slips today: MCHP falls with tech as Feb. 5 earnings loom
Shares of Microchip Technology slipped roughly 2.2% Thursday, hitting $78.55 in afternoon trading. The stock swung between $76.08 and $80.80 throughout the session.
IBM stock rises after earnings beat, as Wall Street zeroes in on Red Hat and Washington risk
Shares of International Business Machines climbed in Thursday afternoon trading, maintaining some of the gains sparked by Wednesday’s earnings report. This move went against the wider tech sector selloff.
Arista stock dips as Big Tech AI-spend doubts hit Nasdaq; ANET earnings in focus
Arista Networks shares slipped roughly 1% to $148.63 in Thursday’s afternoon session, moving between $145.44 and $151.49 earlier.
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