Stocks experiencing significant movement after market close: META, QCOM, ARM

Welcome to Extreme Investor Network, where we bring you the latest news and insights in the world of finance. Today, we are focusing on the companies that made headlines after the bell, including Meta Platforms, Qualcomm, Arm Holdings, Teladoc, Etsy, Cheesecake Factory, eBay, Western Digital, Lam Research, MGM Resorts, Kyndryl Holdings, and C.H. Robinson.

Meta Platforms, the social media giant, saw its shares rally over 4% after beating both revenue and earnings expectations for the recent quarter. The company posted earnings of $5.16 per share on $39.07 billion in revenue and offered a strong forecast for the current period.

Chip company Qualcomm also popped nearly 6% after exceeding Wall Street’s fiscal third-quarter estimates and issuing strong guidance for the current quarter. With adjusted earnings of $2.33 per share on $9.39 billion in adjusted revenue, Qualcomm expects sales to range between $9.5 billion and $10.3 billion for the current period.

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On the downside, U.K.-based semiconductor stock Arm Holdings saw a decline of more than 10% despite beating expectations for the fiscal first quarter. Teladoc, the telehealth stock, slid 14% after posting worse-than-expected revenue in the second quarter and withdrawing its full-year outlook.

At Extreme Investor Network, we believe in providing valuable insights for investors looking to stay ahead of the curve. Stay tuned for more updates on these companies and many others in the finance sector. Subscribe to our newsletter to receive exclusive content and expert analysis to help you make informed investment decisions.

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