After-hours movers: TSLA, TXN, IBM, LRCX, LULU, NOW
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After-hours movers:
Tesla (NASDAQ: TSLA) rose 4% after its first quarter results beat estimates. Tesla also noted progress on the build out of the infrastructure and AI software that underpins its Robotaxi and future robotics businesses.
Texas Instruments (NASDAQ: TXN) rose 8% after better than expected quarterly results and guidance. TI's second quarter outlook is for revenue in the range of $5.00 billion to $5.40 billion and earnings per share between $1.77 and $2.05.
IBM (NYSE: IBM) fell 4.75% despite beating consensus estimates in Q1. The company continues to expect full-year constant currency revenue growth of more than 5 percent.
Lam Research (NASDAQ: LRCX) rose 4% beating estimates and issuing strong guidance for is fourth quarter. Lam Research sees Q4 2026 EPS of $1.50-$1.80, versus the consensus of $1.45
lululemon athletica (NASDAQ: LULU) fell 6% after naming former Nike executive Heidi O’Neill as CEO.
ServiceNow (NYSE: NOW) fell 15% after it delivered guidance that was viewed as lackluster.
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