Finance

Stocks making the biggest moves after hours: Oracle, GameStop, Synopsys and more

Check out the companies making headlines after the bell : Oracle — The tech old guard jumped 23% after reporting that multicloud database revenue from Amazon, Google and Microsoft grew at the rate of 1,529% in its last quarter. Shares surged despite the company also reporting fiscal first-quarter earnings and revenue that came in below analysts’ expectations, according to LSEG. GameStop — The meme stock added 4% after reporting second-quarter earnings rose to 25 cents per share, excluding items, on revenue of $972.2 million. Its bitcoin holdings were valued at $528.6 million at the close of the quarter. Rubrik — The cloud data stock fell 1% after posting a second-quarter adjusted loss of 3 cents, which was narrower than the loss of 4 cents penciled in by analysts polled by LSEG. Rubrik’s $310 million in revenue also beat the estimated $282 million. Synopsys — Shares fell 13% after the semiconductor tool supplier posted disappointing fiscal third-quarter results. Synopsys earned $3.39 per share on revenue of $1.74 billion. Analysts polled by LSEG had expected earnings of $3.74 per share on $1.77 billion in revenue. AeroVironment — Shares of the defense technology company rose slightly despite mixed quarterly results. Fiscal first-quarter earnings of 32 cents per share after adjustments fell short of the estimate of 37 cents per share. However, revenue of $455 million outpaced Wall Street’s consensus estimate of $440 million. For the fiscal year, AeroVironment predicts it will earn between $3.60 and $3.70 per share after adjustments on revenue of $1.9 billion to $2 billion. According to LSEG, analysts anticipated $3.52 per share in earnings and $2 billion in revenue for fiscal 2026. — CNBC’s Christina Cheddar Berk contributed reporting.

This article was originally published by a Cnbc.com. Read the Original article here. .

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