By Katherine Hamilton
Applied Materials gave higher-than-expected projections for its current quarter as AI is driving demand. Shares climbed 13% to $372.26 in after-hours trading Thursday.
Arista Networks' revenue jumped and beat expectations in the latest quarter. The stock gained 16% to $156.39 after the bell.
DraftKings posted a lighter-than-expected outlook for the full year, as it plans to sink more money into prediction markets. Shares slid 15% to $21.50.
Pinterest is continuing to struggle with a pullback from advertisers, which weighed on revenue in the latest quarter. The stock shed 17% to $15.40.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
February 12, 2026 18:42 ET (23:42 GMT)
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