Summary: Top gainers on the S&P 500 index were Autodesk (ADSK), Broadcom (AVGO), Tesla (TSLA), Super Micro Computer (SMCI), and Steel Dynamics (STLD). Top losers on the S&P 500 index were First Solar (FSLR), Align Technology (ALGN), Vistra Energy (VST), Match Group (MTCH), and Enphase Energy (ENPH).
Full articleSummary: Various companies reported earnings after the bell. Align Technology beat analysts' expectations and saw a 3.6% increase, Meta Platforms fell 12% due to weak second-quarter revenue guidance, Ford Motor rose 2% after a first-quarter earnings beat and raised outlook, Ethan Allen Interiors slipped 4% following a decline in earnings and revenue, IBM slid 6.6% on revenue miss and plans to buy HashiCorp, Whirlpool rose 2% after an earnings beat, Chipotle Mexican Grill gained 3% on strong profits, Lam Research dropped 2% despite beating earnings estimates, ServiceNow fell 5% despite narrowly beating revenue expectations, Churchill Downs climbed 5.4% after exceeding earnings estimates, and United Rentals added 2.4% after beating earnings and revenue estimates.
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