SoFi Technologies soared past Q2 expectations, posting adjusted earnings per share of $0.08 (versus a $0.06 consensus) and revenue of $858 million (versus expectations for $804 million). The company also hiked full-year guidance for 2025 revenue and earnings.
The stock surged, continuing the tear it has been on since bottoming out during the April market sell-off. The stock was up 17% in morning trading. The shares have more than doubled since April 8.
Data center stocks Applied Digital, IREN, CoreWeave, and Nebius as well as foundry giant TSMC and optical communications company Corning are catching a bid in after-hours trading thanks to strong results and guidance from Nvidia.
The chip designer’s massive outlook for Q1 sales — with the midpoint at $78 billion, versus a consensus estimate of $72.8 billion — underscores the magnitude of the near-term demand for AI compute and chips. As if the hyperscalers’ massive capex budgets hadn’t already done that!
To be sure, the advances in these stocks in after-hours trading are fairly mild, since most had been on fire in recent sessions in anticipation of a strong quarter.
The chip designer’s massive outlook for Q1 sales — with the midpoint at $78 billion, versus a consensus estimate of $72.8 billion — underscores the magnitude of the near-term demand for AI compute and chips. As if the hyperscalers’ massive capex budgets hadn’t already done that!
To be sure, the advances in these stocks in after-hours trading are fairly mild, since most had been on fire in recent sessions in anticipation of a strong quarter.
Air taxi maker Joby Aviation reported its fourth-quarter earnings after the bell on Wednesday. Shares climbed more than 3% in after-hours trading.
The company posted a loss of $0.14 per share, beating estimates of a $0.20 loss.
Joby ended the fourth quarter with $1.41 billion in cash (and cash equivalents), compared to Wall Street expectations of $1.01 billion.
Investors have closely watched Joby’s progress with FAA certification, which will be the determining factor for launching commercial air taxi services in the US. As of the end of Q4, Joby said it is 80% complete with the fourth stage of its five-stage certification process, up from 77% in the third quarter. Joby is 12% complete with the fifth stage, up from 10% in Q3.
Earlier on Wednesday, Joby announced it plans to partner with Uber to offer air taxi rides on the ride-hailing app in Dubai later this year. The companies already partner on Blade helicopter rides.
Joby also said it expects US early operations to begin this year, with the White House’s eVTOL (electric vertical takeoff and landing) Integration Pilot Program “set to select at least five sites for mature eVTOL aircraft to begin operating ahead of Type Certification.”
Ad tech platform The Trade Desk offered weak Q1 sales guidance as part of its Q4 earnings numbers, sending the stock down sharply after-hours on Wednesday.
The advertising software company reported:
Adjusted Q4 earnings per share of $0.59 vs. the $0.58 consensus estimate, per FactSet.
Q4 revenue of $847 million vs. the $840.6 million expectation.
Q1 sales guidance of “at least” $678 million vs. Wall Street’s $688.6 million expectation.
The Trade Desk specializes in helping client advertisers shift their ads from traditional linear television toward online streaming services. And the shares posted some impressive gains at times, rising more than 400% over five years starting at the end of 2019.
But the company’s shares have cratered in recent years, in part because of a daunting competitive threat from Amazon’s demand-side advertising platform. Through Wednesday’s close, the stock was down roughly 80% from where it was trading at the end of 2024.
Paramount Skydance reported underwhelming fourth-quarter earnings after the bell on Wednesday, in the midst of its attempt to win the Warner Bros. Discovery bidding war.
For the last three months of 2025, Paramount reported:
An adjusted loss of $0.12 per share, compared to Bloomberg estimates of $0.07 earnings per share.
Revenue of $8.1 billion, missing Wall Street’s expectations of $8.15 billion.
Looking ahead, the company expects Q1 revenue of between $7.15 billion and $7.35 billion, below the $7.39 billion Wall Street consensus estimate.
Earlier this week, Paramount hiked its offer for Warner Bros. to $31 per share. Warner’s board, which has rejected Paramount’s acquisition attempts several times in recent months, said it’s reviewing the new bid.
If WBD determines the Paramount deal to be a superior offer, Netflix will have four days to match it, beat it, or exit the process. Paramount shares have fallen 24% since it made its initial offer for WBD in December.
