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business21h ago
Stocks making the biggest moves after hours: Akamai Technologies, CoreWeave, Expedia, Lyft and more
- Akamai Technologies jumped about 25% after a major cloud deal and an earnings beat, aiding sentiment in tech infrastructure.
- CoreWeave slided about 10% after-hours due to revenue guidance miss for Q2.
- Trade Desk fell about 14% after guiding to lower revenue than analysts expected for the current quarter.
- Expedia shares fell after forecasting second-quarter revenue that slightly lagged, with room-night bookings missing earlier estimates.
- Lyft posted higher revenue than expected but earnings per share came in below estimates, weighing on stock.
- Cloudflare tumbled about 14% after announcing a cost-cutting round including headcount reductions.
- Gilead Sciences warned of a full-year loss per share, signaling a major earnings revision.
- Rocket Lab rose after quarterly revenue beat and a large backlog, plus new contract news.
- Top movers also included Monster Beverage and Akamai’s continued earnings momentum.
- Coinbase reported a quarterly loss and revenue miss, weighing on cryptocurrency-related equities.
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