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Amazon, Apple, Robinhood and more

An Amazon truck is seen driving into the LDJ5 Amazon Black Center on April 25, 2022 in New York City.

Michael M. Santiago | Getty Images

Check out the companies that are making headlines in expanded trading.

Amazon – Shares of the e-commerce giant fell 10% after hours after the company reported first-quarter results and issued weaker-than-expected second-quarter revenue guidance. Amazon recorded a $ 7.6 billion loss on its investment in Rivia after the power plant’s shares lost more than half of their value in the quarter.

Apple – Apple shares initially got a boost after a big earnings beat, but fell after CFO Luca Maestri said on the earnings call that supply chain constraints could hamper tax revenue in the third quarter by between $ 4 billion and $ 8 billion. Shares fell more than 4% after hours.

Robinhood – The investment app’s shares fell more than 8% after reporting a larger-than-expected loss and declining revenue in the first quarter. The company also reported a decline in monthly active users, to 15.9 million from 17.7 million a year ago.

Intel – Teknikfirmaet Intel’s shares fell more than 4% after the company issued weak guidance for its second quarter financials. Intel called for adjusted earnings per share. share in the second quarter of 70 cents, compared to the 83 cents per share. stock that analysts had expected from Refinitiv.

Western Digital – The computer company’s shares rose more than 2% in extended trading after a strong earnings report for the company’s most recent quarter. Western Digital earned $ 1.65 per share for the quarter compared to estimates of $ 1.49 per share according to FactSet. It also topped revenue estimates and issued strong guidance for the next quarter.

Roku – The streaming company saw shares jump more than 7% after reporting quarterly results. Despite a decline in earnings and weak second-quarter revenue forecasts, it brought in $ 734 million in revenue for the first quarter, while analysts expected $ 718 million, according to Refinitiv.

Mohawk Industries – The flooring company’s shares rose more than 10% after hours after Mohawk’s quarterly results. Mohawk topped $ 2.85 billion in revenue estimates, according to FactSet, with $ 3.02 billion for the quarter.

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