Try the businesses making headlines after the bell : Worldwide Enterprise Machines — The know-how large slipped 6% after IBM failed to lift its full-year steering after posting an earnings beat. IBM reported first-quarter earnings of $1.91 per share, excluding objects, beating forecasts of $1.81, based on LSEG. The corporate’s $15.92 billion in income additionally got here in above the anticipated $15.62 billion. Tesla — Shares fell greater than 2% after CEO Elon Musk warned of considerable will increase in capital spending to fund its self-driving and humanoid robotic ambitions. Shares had climbed as a lot as 4% simply after the electrical automobile maker posted first-quarter adjusted earnings of 41 cents per share, beating the 37 cents analysts polled by LSEG had anticipated. Nonetheless, Tesla’s $22.39 billion in income got here in beneath the $22.64 billion consensus estimate. CSX — The transportation inventory popped 6% after posting first-quarter earnings of 43 cents per share, beating the anticipated 39 cents analysts surveyed by FactSet had penciled in. Nonetheless, CSX’s $3.48 billion income got here in barely beneath the forecast $3.49 billion. Texas Devices — The semiconductor inventory soared 10% after it forecast that its current-quarter earnings would come within the vary of $1.77 to $2.05 per share, versus the $1.57 consensus, based on LSEG. Equally, it sees its income coming in between $5 billion to $5.4 billion, whereas analysts had been anticipating $4.86 billion. Texas Devices additionally posted a beat on each the highest and backside traces for its first quarter. Southwest Airways — Shares fell 3% after the airline service posted first-quarter adjusted earnings of 45 cents per share and income of $7.20 billion, falling wanting the 47 cents and $7.27 billion in income analysts had been anticipating, per FactSet. Lam Analysis — The worldwide chip toolmaker added 2% after posting fiscal third-quarter adjusted earnings of $1.47 per share and income of $5.84 billion, beating the $1.36 and $5.78 billion analysts had forecast, respectively, based on LSEG. Lam Analysis’s earnings and income steering for its present quarter had been additionally above analyst estimates. ServiceNow — The AI-powered software program firm reported first-quarter earnings and income that topped Wall Avenue expectations. Nonetheless, shares tumbled greater than 13% as the combination of just lately acquired Armis weighed on its outlook. For the total yr 2026, the corporate’s subscription income ought to develop greater than 22% to a variety of $15.74 billion to $15.78 billion, together with the Armis cybersecurity enterprise. Beforehand, the corporate anticipated subscription income of $15.55 billion. Molina Healthcare — Shares of the managed healthcare firm rose barely after it reaffirmed its 2026 forecast. Molina earned $2.35 per share, excluding objects, within the first quarter on income of $10.8 billion. Analysts surveyed by FactSet anticipated Molina would earn $1.90 per share on income of $10.87 billion. United Leases — Shares jumped greater than 15% after the tools rental firm boosted its full-year gross sales forecast to a variety of $16.9 billion to $17.4 billion. The corporate stated it sees momentum heading into its busiest season. Churchill Downs — The racetrack proprietor added 2% after posting first-quarter adjusted earnings of $1.21 per share and income of $663 million. Analysts polled by FactSet had anticipated $1.01 and $661.2 million. Knight-Swift Transportation — The transport inventory shed almost 3% after reporting first-quarter income of $1.85 billion, coming in beneath the $1.86 billion analysts had been anticipating, per FactSet. Working revenue for the agency’s final quarter got here in at $49.8 million, whereas consensus estimates had known as for $87 million. — CNBC’s Christina Cheddar Berk contributed reporting.
