After-hours movers:
Alphabet (NASDAQ: GOOGL ) rose 4% after it reported strong quarterly results and announced a $70 billion buyback. Consolidated Alphabet revenues in Q1 2025 increased 12%, or 14% in constant currency, year over year to $90.2 billion reflecting robust momentum across the business, with Google Search & other, YouTube ads, Google subscriptions, platforms, and devices, and Google Cloud each delivering double-digit growth rates.
Intel (NASDAQ: INTC ) fell 6.5% despite solid quarterly results and it published disappointing guidance. Intel sees Q2 2025 EPS of $0.00, versus the consensus of $0.06. Intel sees Q2 2025 revenue of $11.2-12.4 billion, versus the consensus of $12.8 billion.
Skechers USA (NYSE: SKX ) fell 8% despite reporting EPS that was about in-line with consensus, after it pulled its guidance for the year. Due to macroeconomic uncertainty stemming from global trade policies, the Company is not providing financial guidance at this time and is withdrawing the annual 2025 guidance.
T-Mobile (TMUS) fell 5.4% after quarterly postpaid phone adds missed estimates. Postpaid Phone Net Adds were 495,000, vs 506,000 expected.