Check out the companies that made headlines after the bell: CoreWeave — The cloud infrastructure company fell about 10% after its second-quarter earnings outlook missed Wall Street’s expectations. CoreWeave’s sales are expected to be in the range of $2.45 billion to $2.6 billion. The midpoint of $2.53 billion was below the LSEG consensus call of $2.69 billion. Gen Digital — The software stock soared 8% after the company announced earnings guidance for the quarter and full year that beat analysts’ expectations, according to FactSet. Gen Digital also posted higher adjusted earnings and revenue for its fiscal fourth quarter. Airbnb — The vacation rental stock rose 1%. LSEG said first-quarter sales were $2.68 billion, beating expectations of $2.62 billion. However, net income fell short of target, coming in at 26 cents per share, below the 29 cents per share that analysts had been looking for. Akamai Technologies — Shares soared 25% after cybersecurity and cloud computing company Akamai announced that the leading U.S.-based frontier model provider has committed to investing $1.8 billion over seven years in its cloud infrastructure services. Akamai also reported higher-than-expected first-quarter adjusted earnings, while revenue was in line with expectations. Trade Desk — Advertising technology stocks plunged 14% after Trade Desk reported revenue guidance for the current quarter of at least $750 million versus analysts’ expectations of $771 million, according to LSEG. First-quarter adjusted earnings were also lower than expected, coming in at 28 cents per share versus the expected 32 cents. Expedia — Shares fell 8% as the online travel agency expected second-quarter revenue of $4.11 billion to $4.19 billion, according to LSEG. This compared to analyst expectations of $4.12. Room reservations for the quarter were lower than expected, coming in at $113.9 million, compared to the StreetAccount consensus of $117.07 million. Lyft — The ride-sharing app fell 2% after Lyft’s first-quarter profit was 4 cents per share. Analysts polled by LSEG had expected 6 cents. However, the company’s revenue came in at $1.65 billion, beating expectations of $1.63 billion. Gilead Sciences — Pharmaceutical stock fell 3%. Gilead Sciences said it now expects a full-year adjusted loss of between $1.05 and 65 cents per share, down from its previous estimate of earnings of $8.45 to $8.85 per share. The company cited significant ongoing research and development costs and financing costs associated with several major transactions. Texas Roadhouse — The steakhouse chain soared 6% after reporting first-quarter earnings of $1.87 per share, beating the FactSet consensus estimate of $1.80 per share. Same-store sales at company restaurants increased 6.5% year-over-year during the first five weeks of the second quarter. Sweetgreen — Shares rose 2% after the salad chain reported first-quarter earnings of $1.06 per share, compared with a loss of 21 cents per share in the year-ago period. However, sales fell short of expectations from analysts surveyed by FactSet. Cheers — the stock price fell nearly 9%. Guidance for second-quarter adjusted EBITDA was $185 million to $195 million, below the FactSet consensus estimate of $204.4 million. Sales for the first quarter were $1.63 billion, in line with expectations. Rocket Lab — The aerospace manufacturer posted a 3% profit after higher sales in the first quarter and a record order backlog of $2.2 billion, up 20.2% sequentially. Rocket Lab also announced plans to acquire Motiv Space Systems. The company also won a $30 million contract for three HASTE hypersonic test launches, marking what it says is the largest launch contract in company history with a confidential customer. Block — The stock price rose about 8% following the arrival of the fintech platform. The company said it expects second-quarter and full-year adjusted earnings to beat FactSet consensus estimates. Monster Beverage — The beverage stock rose 3% after Monster posted an adjusted profit of 58 cents on revenue of $2.35 billion in the first quarter. Analysts had expected a profit of 53 cents and revenue of $2.16 billion, according to FactSet. Illustration — The medical scrubs retailer fell 15% after posting a first-quarter profit of 3 cents a share, narrowly beating the 1 cent estimate of analysts surveyed by FactSet. Coinbase Global — According to LSEG, the stock price fell 5% after the cryptocurrency exchange posted an unexpected loss in the first quarter and missed revenue expectations. Transaction revenue and subscription revenue for the past quarter were also lower than expected. Cloudflare — Internet services stock fell 14%. Cloudflare has announced plans to reduce its workforce by approximately 1,100 employees. The second-quarter adjusted earnings outlook was in line with LSEG’s consensus call for 27 cents per share. The company expects sales to be in the range of $664 million to $665 million, compared to expectations of $665 million. Synaptics — Internet of Things solutions provider grew 2%. Synaptics reported third-quarter adjusted earnings of $1.09 per share, beating the FactSet consensus estimate of $1.01 per share. Revenue also exceeded expectations, coming in at $294.2 million, compared to Street expectations of $290.5 million. JFrog — The supply chain-focused software company soared 17% after reporting better-than-expected full-year earnings. LSEG said the company expects adjusted earnings to be in the range of 93 cents to 97 cents per share, while analysts expect 90 cents per share. Second quarter sales and bottom line guidance also exceeded expectations. SoundHound AI — Stock price fell 11%. The voice AI platform provider reported an adjusted loss before interest, taxes, depreciation and amortization of $26.7 million in the first quarter, more than the $12 million loss that analysts had expected, according to FactSet. SoundHound also reaffirmed revenue of $225 million to $260 million, compared to consensus estimates of $232.8 million. CNBC’s Darla Mercado contributed reporting. Correction: A previous version had an error in the number of Expedia booked nights for Q1. The result was $113.9 million.
