After Hours Summary: INTC +5.6%, THC +12.6%, EW +4.6%, KN +2.9% higher on earnings; SAFT +34.3% to be acquired; ORCL +1.9% wins DoW contract; AMKR +16.3% on deal with NVDA; MXL -9.8%, DECK -7.5%, SLM -6.1% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: THC +12.6% (also increases share repurchase authorization by $2 bln), INTC +5.6% (also raises FY26 capex guidance to $20+ bln from $18 bln; also FY27 capex to be significantly above 2026 levels), EW +4.6%, KN +2.9%, SAP +1.1%, RNG +1% (also expands partnership with NICE; also highlights OpenAI collaboration), KNSL +0.7%
Companies trading higher in after hours in reaction to news: SAFT +34.3% (to be acquired by Mapfre affiliate for $105/sh), AMKR +16.3% (Amkor, NVDA strike $1.5 bln advanced packaging pact), MX +5.7% (NVTS and MX form SiC licensing partnership), KLAC +2.3% (Intel raises cap-ex guidance), ORCL +1.9% (wins up to $6.99 bln DoW enterprise software IDIQ contract), AMAT +1.8% (Intel raises cap-ex guidance), LRCX +1.8% (Intel raises cap-ex guidance), NVTS +1.7% (NVTS and MX form SiC licensing partnership), CSIQ +1.2% (D.E. SHAW discloses increased passive stake of 8.0% (prior 6.4%)), CAE +1.2% (awarded a $257.8 mln Army contract), OKLO +1.1% (receives DOE startup authorization for Groves reactor), PRME +1% (FDA clears IND application for PM577a), OHI +0.5% (increases dividend), ABBV +0.4% (GMAB, ABBV clarify Phase 3 did not meet sole US primary endpoint), WBD +0.3% (Judge extends hold on Paramount-Warner Bros. deal through mid-August, according to Bloomberg), AROC +0.1% (increases dividend), PSKY +0.1% (Judge extends hold on Paramount-Warner Bros. deal through mid-August, according to Bloomberg)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MXL -9.8%, DECK -7.5%, SLM -6.1%, SCHL -5.3%, ATRC -4.7%, SMMT -4.6% (also discloses substantial doubt about its ability to continue as a going concern), JAKK -3.8%, SKYW -2.8%, RHI -2.5%, HIG -2% (also authorizes new $4.2 bln share repurchase program), ENVA -1.3%, REXR -1.3%, SIGI -1.1%, OVV -1%, NEM -0.9%, FIX -0.6% (also increases dividend), SAM -0.3%, CUBI -0.1%, CUBI -0.1%
Companies trading lower in after hours in reaction to news: CDXS -21.1% (launches stock offering), PYPL -1.4% (Stripe and Advent continue to consider options re PayPal, according to WSJ), DSX -0.9% (GNK says advisors engaged with DSX on revised non-binding proposal), COCO -0.4% (stock offering by selling shareholders), ALGN -0.2% (unveils new Invisalign planning and patient-engagement tools), NVDA -0.2% (Amkor, NVDA strike $1.5 bln advanced packaging pact), WHR -0.1% (reschedules earnings)