Applied Materials gave higher-than-expected projections for its current quarter as AI is driving demand. Shares climbed 13% to $372.26 in after-hours trading Thursday.
Arista Networks' revenue jumped and beat expectations in the latest quarter. The stock gained 16% to $156.39 after the bell.
DraftKings posted a lighter-than-expected outlook for the full year, as it plans to sink more money into prediction markets. Shares slid 15% to $21.50.
Pinterest is continuing to struggle with a pullback from advertisers, which weighed on revenue in the latest quarter. The stock shed 17% to $15.40.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
Applied Materials, Inc. specializes in the design, manufacture, and marketing of equipment for producing integrated circuits and semi-conductor components. The group develops systems used in the principal manufacturing stages of microchips (deposition systems using chemical vapors, the physical process or through epitaxy, photomasking systems, control programs, etc.).
Net sales break down by activity sector as follows: semiconductor industry (73.3%), flat screen industry (22.5%) and other (4.2%; photovoltaic and electronic industries).
Net sales are distributed geographically as follows: the United States (10.8%), China (30.1%), Taiwan (24.2%), Korea (19.8%), Japan (8%), Asia (3.8%) and Europe (3.3%).
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ESG MSCI
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