T-Mobile, Alphabet, and Tesla were among the top movers in midday trading. Here’s a breakdown of what’s happening with these companies and others:
T-Mobile reported 495,000 postpaid phone additions in the first quarter, missing analyst expectations of 504,000. Shares fell 11% as a result.
Alphabet’s parent company, Google, beat earnings per share estimates with $2.81 in earnings per share on revenue of $90.23 billion. This led to a 2% gain in shares.
Skechers posted weaker-than-expected revenue and withdrew its 2025 guidance due to macroeconomic uncertainty. Despite this, the company’s earnings came in above analyst estimates. Shares fell 4.8%.
Gilead Sciences saw its first-quarter revenue miss consensus forecasts but beat earnings per share expectations. The biopharmaceutical stock fell 2.5% despite the positive earnings.
Saia reported slower-than-expected results and missed analyst estimates for earnings per share and revenue. Shares plummeted 31% due to “company-specific” issues.
Intel’s current quarter failed to meet investor expectations, leading to a 7% decline in shares. The company forecast $11.8 billion in revenue for the June quarter, below consensus forecasts.
Boston Beer saw better-than-expected first-quarter results and its shares rose over 1%. However, the company cautioned that tariffs could impact full-year earnings.
Tesla surged 10% after a strong week of gains. Shares have risen more than 17% this week as the broader market tries to recover from recent losses.
Source: https://www.cnbc.com/2025/04/25/stocks-making-the-biggest-moves-midday-tmus-googl-tsla-intc-saia-and-more-.html