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After-hours movers: META, GOOGL, AMZN, MSFT, QCOM, F, CMG, CVNA

After-hours moves were driven by quarterly results across major US names. Meta (META.OQ) slid about 6% despite beating the quarter as management raised full-year capital spending to $125–$145 billion, worrying investors. Alphabet (GOOGL.OQ) jumped ~4% after a strong top- and bottom-line beat. Amazon (AMZN.OQ) dipped ~1.5% even with better-than-expected Q1 revenue ($181.5B) and raised Q2 revenue guidance to $194–199B. Microsoft (MSFT.OQ) fell about 1.5% as Azure growth was merely in line with estimates. Other notable moves: Qualcomm surged intraday then finished sharply higher, Ford beat Q1 EPS/consensus, Chipotle was roughly flat, and Carvana topped EPS and revenue estimates. Overall market reaction was mixed.

Category

Meta Platforms

Sentiment

Mixed

Event

Earnings report

Reading time

1 min