Stock Shifts: A Closer Look at Key Players and Their Surprises

Let's take a peek at some big names in the stock market that made waves after regular trading hours. Microsoft took a dip of nearly 4%, disappointing investors with revenue expectations for the next quarter. Analysts had hoped for a bit more, around $69. 83 billion, but Microsoft was thinking more along the lines of $68. 1 to $69. 1 billion. Moving on to Booking Holdings, their shares jumped almost 6% thanks to a solid third quarter. They reported earnings of $83. 39 per share and revenue of $7. 99 billion, which was better than the $77. 52 in earnings per share and $7. 63 billion in revenue that analysts were anticipating. Starbucks saw a slight drop in shares, about 1%, after global same-store sales took a 7% hit in the fiscal fourth quarter. U. S. and China markets weren't as thirsty for coffee as hoped, leading to earnings of 80 cents per share and revenue of $9. 07 billion. Analysts had been looking for $1. 03 per share in earnings and $9. 36 billion in revenue. Meta Platforms, the parent company of Facebook, also saw a 2% drop in shares. User numbers for the third quarter didn't meet expectations, with 3. 29 billion daily active people compared to the forecast of 3. 31 billion. Coinbase, a cryptocurrency trading platform, missed the mark on third-quarter estimates, sending shares down by almost 3%. They reported earnings of 28 cents per share and revenue of $1. 21 billion, while analysts had hoped for 41 cents per share in earnings and $1. 26 billion in revenue. Robinhood, a brokerage platform, saw shares tumble 10% after missing third-quarter expectations. They came in with earnings of 17 cents per share and revenue of $637 million, falling short of the 18 cents per share in earnings and $658 million in revenue that analysts were expecting. eBay's weak guidance pulled shares down by 7%. They forecast fourth-quarter earnings to range between $1. 17 and $1. 22 per share on revenue of $2. 53 to $2. 59 billion, which was lower than the $1. 22 per share in earnings and $2. 65 billion in revenue that analysts had in mind. DoorDash, a food delivery company, saw shares dip by about 1% despite beating analysts' estimates for the third quarter. They reported earnings of 38 cents per share and revenue of $2. 71 billion, surpassing the 22 cents per share in earnings and $2. 66 billion in revenue that analysts were looking for. Carvana, a used-car seller, saw shares rise over 20% after exceeding third-quarter estimates. They posted earnings of 64 cents per share and revenue of $3. 66 billion, outdoing the 25 cents per share in earnings and $3. 45 billion in revenue that analysts were anticipating. Etsy's shares gained over 12% after their board approved a $1 billion stock buyback. They also beat third-quarter revenue estimates, coming in at $662. 4 million compared to the expected $652. 5 million. Lastly, MGM Resorts saw shares drop 5% due to disappointing results. They reported adjusted earnings of 54 cents for the third quarter and revenue of $4. 18 billion, both falling short of analysts' predictions.