Check out these firms making headlines after the market close: Nvidia – The chipmaker gained about 4% after announcing a 10-for-1 stock split. Nvidia also beat Wall Street’s first-quarter revenue and earnings estimates and provided strong guidance for the present quarter. Other artificial intelligence-related stocks rose accordingly. Super Micro Computer and Advanced Micro Devices were last up greater than 2% and 1%, respectively. Snowflake – The cloud computing company gained greater than 5%. First-quarter revenue beat Wall Street expectations, coming in at $829 million versus consensus estimates of $786 million, in response to LSEG. Adjusted earnings for the period were 14 cents per share, but missed consensus forecasts by 4 cents. VF Corp. – The apparel and footwear company fell 9% after reporting an unexpected loss for the newest quarter and revenue that fell wanting Wall Street estimates. VF Corp. reported a lack of 32 cents per share on revenue of $2.37 billion. Analysts surveyed by LSEG had expected earnings of 1 cent per share and revenue of $2.41 billion. Elf Beauty – The cosmetics company fell 2% after providing full-year guidance that was weaker than Wall Street had hoped. Elf expects net sales of between $1.23 billion and $1.25 billion, while analysts surveyed by FactSet expected $1.27 billion. The weak guidance overshadowed better-than-expected fourth-quarter revenue and profit. Synopsys – The electronic design automation company’s stock fell greater than 1%. Synopsys missed Wall Street estimates on revenue and profit in its second fiscal quarter, reporting adjusted earnings of $3 per share on revenue of $1.46 billion. Analysts surveyed by LSEG expected earnings of $3.03 per share and revenue of $1.5 billion. LiveRamp Holdings – The promoting technology company’s stock rose nearly 12% after fourth-quarter results, in response to FactSet, beating analyst estimates. LiveRamp also gave strong guidance for the present quarter and full 12 months. The company expects revenue for the 12 months to be between $710 million and $730 million, in comparison with the consensus estimate of $704.8 million. News Corp. – The owner of Dow Jones and The Wall Street Journal rose 4% after signing a multi-year agreement to make its news content available on OpenAI. Cytokinetics – Shares fell 12% after the biopharmaceutical company announced a $500 million common stock offering, with JPMorgan, Goldman Sachs and Morgan Stanley serving as sole joint book-running managers. DuPont de Nemours – Shares rose about 5% after the corporate said it could split into three separate businesses, with one focused on electronics and one other on water filtration and purification. The third, which might house its industrial solutions operations including adhesives, would change into the brand new DuPont. CEO Ed Breen also plans to step down on June 1 and will probably be replaced by Chief Financial Officer Lori Koch. Breen will change into executive chairman. — CNBC’s Darla Mercado, Sarah Min, Scott Schnipper and Christina Cheddar-Berk contributed reporting.
