Stocks that moved in after-hours trading reflected a mix of corporate updates and quarterly results, with technology names leading gains and losses across several sectors.
Big tech and AI infrastructure
NVIDIA (NVDA) rose 1.6% in after-hours trading following disclosure of a multiyear, multigenerational strategic partnership with Meta Platforms (META). The pact covers on-premises, cloud and AI infrastructure. Meta itself was up about 2% in the same session.
Semiconductors and networking
Not all chip and networking stocks shared the upside. Advanced Micro Devices (AMD) fell 4% in after-hours trade, while Arista Networks (ANET) declined 5%.
Cybersecurity and guidance impacts
Palo Alto Networks (PANW) dropped 5% despite reporting quarterly results that beat analyst estimates. The stock moved lower after management issued guidance that the market judged lackluster.
Leisure and consumer-facing results
Caesars Entertainment (CZR) advanced roughly 3% after reporting GAAP net revenues of $11.5 billion for the reported period, compared with $11.2 billion in the prior-year comparable period. The revenue figure was described as in line with expectations.
Software and design
Cadence Design Systems (CDNS) climbed 4% after releasing quarterly results and forward guidance that exceeded consensus. Cadence reported fourth-quarter earnings per share of $1.99, beating the consensus estimate of $1.91 by $0.08. Quarterly revenue totaled $1.44 billion versus the consensus estimate of $1.42 billion.
Media ownership disclosure
The New York Times Co. (NYT) rose about 3% after Berkshire disclosed a new stake in the company.
These after-hours moves show how corporate announcements, earnings beats and forward-looking guidance can produce divergent stock reactions across related subsectors - including semiconductors, networking, cybersecurity, software and leisure.