Stocks with Big After-Hours Moves

Paramount Global experienced a significant surge in its stock price, rising 5.7% after the company reported impressive second-quarter earnings of 54 cents per share, far exceeding analysts' expectations of 12 cents per share. This robust performance highlights the media company's resilience in a competitive landscape, showcasing its ability to outperform market predictions. In contrast, Expedia's shares fell by 2.2% despite the online travel agency reporting earnings of $3.51 per share on revenue of $3.56 billion, surpassing analyst forecasts of $3.06 per share on $3.53 billion in revenue. The company cited a challenging macroeconomic environment and a decline in travel demand in July as contributing factors to its stock decline. Take-Two Interactive Software also saw a positive response in the market, with shares climbing 4.8% after the video game developer reported earnings of 5 cents per share, exceeding the expected 2 cents. The company reaffirmed its full-year earnings and bookings guidance, reporting adjusted earnings of $1.10 per share against an expectation of 84 cents, alongside revenue of $324 million, surpassing estimates of $305 million. Additionally, DXC Technology experienced a notable 12% increase in after-hours trading following its fiscal Q1 results, which included earnings of 74 cents per share and revenue of $3.24 billion, both exceeding analyst expectations. Other companies like Sweetgreen and Akamai also reported earnings that met or exceeded market forecasts, reflecting a mixed but generally positive earnings season across various sectors.