After-Market Movers: Apple, Amazon, Intel, and More

Post-Market Stock Movements: Amazon (NASDAQ:AMZN) rose by 5% after reporting strong third-quarter results. The company's net sales increased by 11% in the third quarter, reaching $158.9 billion compared to $143.1 billion in the third quarter of 2023. Apple (NASDAQ:AAPL) fell by 1% despite reporting fourth-quarter results that exceeded consensus estimates. The company reported quarterly revenue of $94.9 billion, marking a 6% year-over-year increase. Intel (NASDAQ:INTC) increased by 13% after releasing fourth-quarter guidance above consensus estimates. The chipmaker also approved a series of cost cuts and a reduction of 16,500 employees. Atlassian (NASDAQ:TEAM) jumped by 18% following strong quarterly results and guidance. Subscription revenues grew by 33% year-over-year, reaching $1.132 billion. LendingTree (TREE) rose by 5% after exceeding both revenue and profit expectations in the third quarter and raising its guidance.