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Stocks making the biggest moves after hours: Akamai Technologies, CoreWeave, Expedia, Lyft and more

By CNBC by By CNBC
May 7, 2026
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Check out the companies making headlines after the bell : CoreWeave — The cloud infrastructure company slid about 10% as its second-quarter revenue guidance disappointed Wall Street. CoreWeave sees revenue ranging from $2.45 billion to $2.6 billion. The midpoint of $2.53 billion fell short of the $2.69 billion LSEG consensus call. Gen Digital — The software stock popped 8% after sharing current-quarter and full-year revenue guidance that exceeded analysts’ expectations, per FactSet. Gen Digital also posted a fiscal fourth-quarter adjusted earnings and revenue beat. Airbnb — The vacation rental stock added 1%. First-quarter revenue of $2.68 billion beat the expected $2.62 billion, per LSEG. Earnings for the period missed the mark, however, landing at 26 cents per share, below the 29 cents analysts sought. Akamai Technologies — Shares surged 25% after the cybersecurity and cloud computing company said that a leading U.S.-based frontier model provider has committed to $1.8 billion over seven years for its Cloud Infrastructure Services. Akamai also reported a first-quarter adjusted earnings beat, while its revenue came in line with expectations. Trade Desk — The advertising technology stock plummeted 14% after Trade Desk reported current-quarter revenue guidance of at least $750 million, versus the $771 million anticipated by analysts, per LSEG. Adjusted earnings in the first quarter also missed expectations, coming in at 28 cents a share versus the 32 cents per share estimated. Expedia — Shares shed 8% after the online travel agency called for second-quarter revenue of $4.11 billion to $4.19 billion, compared to the $4.12 anticipated by analysts, per LSEG. Booked room nights in the first quarter missed expectations, landing at $113.9 billion, versus the StreetAccount consensus of $117.07 million. Lyft — The rideshare app fell 2% after Lyft’s first-quarter earnings came in at 4 cents per share, while analysts surveyed by LSEG had anticipated 6 cents. However, the company’s $1.65 billion revenue exceeded the expected $1.63 billion. Gilead Sciences — The pharmaceuticals stock shed 3%. Gilead Sciences said it was expecting a full-year adjusted loss of $1.05 to 65 cents per share, down from its prior guidance for a profit of $8.45 to $8.85 per share. The company cited significant in-process research and development and financing costs related to several major transactions. Texas Roadhouse — The steakhouse chain popped 6% after reporting first-quarter earnings of $1.87 per share, exceeding the $1.80 per share FactSet consensus estimate. Same store sales at company restaurants for the first five weeks of the second quarter grew 6.5% compared to the year-earlier period. Sweetgreen — Shares added 2% after the salad chain reported first-quarter earnings of $1.06 per share, versus the 21-cent per share loss from a year earlier. However, its revenue came in below what analysts polled by FactSet were looking for. Toast — Shares slid nearly 9%. Guidance for adjusted EBITDA in the second quarter came in at $185 million to $195 million, falling short of the FactSet consensus estimate of $204.4 million. Revenue in the first quarter was in line with expectations at $1.63 billion. Rocket Lab — The aerospace manufacturer gained 3% after posting a first-quarter revenue beat and record backlog of $2.2 billion, up 20.2% quarter over quarter. Rocket Lab also announced plans to acquire Motiv Space Systems . The company also has been awarded a $30 million contract for three HASTE hypersonic test launches and that it has signed the largest launch contract in company history with a confidential customer. Block — Shares climbed about 8% after the fintech platform. The company guided for adjusted earnings in the second quarter and full year that surpassed the FactSet consensus estimates. Monster Beverage — The beverage stock gained 3% after Monster posted first-quarter adjusted earnings of 58 cents on $2.35 billion in revenue. Analysts were looking for earnings of 53 cents and revenue of $2.16 billion, per FactSet. Figs — The retailer of medical scrubs stumbled 15% after posting first-quarter earnings of 3 cents per share, narrowly beating the 1 cent analysts polled by FactSet had anticipated. Coinbase Global — Shares shed 5% after the cryptocurrency exchange posted a surprise first-quarter loss and missed revenue estimates, per LSEG. Its transaction and subscription revenues for the past quarter also came in below estimates. Cloudflare — The internet services stock plunged 14%. Cloudflare announced plans to reduce its headcount by about 1,100 people. Second-quarter adjusted earnings guidance was in line with the LSEG consensus call for 27 cents per share. The company expects revenue to range from $664 milliont o $665 million, versus the $665 million estimate. Synaptics — The provider of Internet of Things solutions added 2%. Synaptics reported third quarter adjusted earnings of $1.09 per share, beating the FactSet consensus estimate of $1.01 per share. Revenue also beat expectations, coming in at $294.2 million, versus the $290.5 million anticipated by the Street. JFrog — The software company with a focus on supply chains popped 17% after its full-year earnings forecast beat estimates. The company sees adjusted earnings in a range of 93 cents to 97 cents per share, while analysts anticipated 90 cents per share, per LSEG. Top and bottom line guidance for the second quarter also surpassed estimates. SoundHound AI — Shares slid 11%. The voice AI platform provider reported first-quarter adjusted losses before interest, taxes, depreciation and amortization of $26.7 million, wider than the $12 million loss analysts anticipated, per FactSet. SoundHound also reaffirmed revenue of $225 million to $260 million, versus the consensus estimate of $232.8 million. CNBC’s Darla Mercado contributed reporting.



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Tags: Airbnb IncAkamai Technologies IncBlock IncBreaking newsBreaking News: Marketsbusiness newsCloudflare IncCoinbase GlobalCoinbase Global IncDividendsDraftKings IncEarningsExpedia Group IncFigs IncGilead Sciences IncJfrog LtdLyft IncMarket InsiderMarketsMonster Beverage Corpregwall-marketmoversRocket Lab USA IncSoundHound AI IncSweetgreen IncSynaptics IncSynchrony FinancialTexas Roadhouse IncToast IncTrade Desk IncWall Street
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