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After-hours movers: Microsoft, Tesla, Lam Research, Meta Platforms

AuthorLouis Juricic
Published 01/29/2025, 04:48 PM
Updated 01/29/2025, 04:50 PM
© Reuters. After-hours movers: Microsoft, Tesla, Lam Research, Meta Platforms
MSFT
-0.97%
LRCX
-1.24%
IBM
0.14%
WDC
6.62%
LVS
-0.04%
TSLA
-5.11%
META
-2.90%
NOW
0.19%

After-hours movers:

Microsoft (NASDAQ:MSFT) fell 0.7% despite reporting quarterly results that beat estimates on the top and bottom like, after its cloud revenue trailed estimates.

Tesla (NASDAQ:TSLA) shares were choppy after fourth quarter EPS missed estimates. Shares were up 3.5% after initially falling 4%.

Lam Research (NASDAQ:LRCX) rose 8% after publishing strong quarterly results.

IBM (NYSE:IBM) rose 12% after fourth quarter EPS beat estimates. The company expects full-year constant currency revenue growth of at least 5 percent

Western Digital (NASDAQ:WDC) fell 2% after it reported EPS that missed estimate and gave lackluster guidance.

Las Vegas Sands (NYSE:LVS) rose 6% after reporting solid revenue in the fourth quarter. Net revenue was $2.90 billion, a decrease of 0.7% from the prior year quarter. Operating income was $590 million, compared to $710 million in the prior year quarter

ServiceNow (NYSE:NOW) fell 9% reporting in-line fourth quarter results.

Meta Platforms (NASDAQ:META) fell 4.5% after its first quarter guidance missed estimates. Meta expects first quarter 2025 total revenue to be in the range of $39.5-41.8 billion, compared to the estimate of $41.67 billion.

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