Qualcomm's shares fell nearly 6% despite a slight earnings beat in its fiscal fourth quarter, as its adjusted earnings guidance of $2.15 to $2.35 per share fell short of the $2.26 expected by analysts.
AppLovin, on the other hand, surged over 20% after reporting third-quarter adjusted EBITDA of $1.84 billion, exceeding the consensus estimate of $1.73 billion, and revenue of $2.18 billion, surpassing the forecast of $2.07 billion.
Expedia's shares dropped more than 7% after it provided weaker-than-expected guidance for the current quarter, forecasting revenue between $3.69 billion and $3.75 billion, slightly below the $3.74 billion expected by analysts, despite beating third-quarter estimates.
Coherent's stock rose 7% after reporting adjusted earnings of $2.09 per share, above the $1.99 consensus estimate, along with revenue and guidance that also exceeded expectations. Zillow's shares plummeted over 16% after missing key metrics, with adjusted earnings of 55 cents per share falling short of the 59 cents expected, and revenue of $724 million below the $754 million forecast.
Klaviyo's stock slid about 5% despite beating estimates with adjusted earnings of 22 cents per share and revenue of $387.2 million, while also raising its full-year revenue guidance. MercadoLibre's shares fell about 7% after reporting earnings of $8.83 per share, missing the $9.27 consensus estimate, although revenue of $10.75 billion exceeded expectations.
Arm Holdings saw a nearly 2% dip despite reporting adjusted earnings of 52 cents per share, above the 47 cents expected. Cava's shares fell more than 11% after reporting earnings of 11 cents per share, missing the 12 cents consensus estimate, and revenue of $356 million, below the $359 million expected.
Wolfspeed's stock dropped 5% after reporting a wider-than-expected loss of $2.03 per share, compared to the $1.99 loss anticipated. Figma's shares fell almost 7% despite exceeding expectations with adjusted earnings of 10 cents per share and revenue of $391 million.
HubSpot's shares fell over 8% after its fourth-quarter guidance missed expectations, forecasting earnings between $3.85 and $3.87 per share and revenue of $945 million to $947 million, while analysts expected $4.09 and $964.9 million, respectively. e.l.f. Beauty's shares gained over 4% after reporting adjusted earnings of $1.21 per share and revenue of $521 million, both surpassing estimates.
Snap's shares tumbled 7% after third-quarter revenue of $1.72 billion narrowly missed the $1.73 billion consensus estimate, and daily active users fell short of expectations. Dutch Bros saw a significant 19% drop after cutting its full-year adjusted EBITDA guidance.
Fastly's shares plummeted 16% despite beating earnings and revenue estimates, as well as guidance for the current quarter, following the announcement of the retirement of its president of Go To Market in 2027