After-hours movers:

Applied Materials (NASDAQ: AMAT)

Applied Materials climbed 4.5% after delivering a "beat and raise" quarter, exceeding analyst expectations for both profit and revenue. The rally was fueled by robust Q3 guidance that anticipates earnings and sales significantly higher than Wall Street's current projections.

Figma (NYSE: FIG)

Figma shares surged 10% following a strong Q1 performance where the company beat EPS estimates by $0.04 and outperformed on the top line. Investors reacted positively to the company's optimistic outlook, as Figma raised its full-year revenue forecast well above the consensus.

Papa John's (NASDAQ: PZZA)

Papa John’s stock jumped 7.8% on news that Nadeem Bajwa, the company’s largest U.S. franchisee, has joined Irth Capital’s $1.5 billion bid to take the pizza chain private. Bajwa, who operates nearly 300 locations, plans to make a "significant investment" in the deal, potentially accelerating a sale process that has been under discussion for the past year.

DexCom (NASDAQ: DXCM)

DexCom’s stock moved higher by 5% following the announcement of a strategic cooperation agreement with activist investor Elliott Investment Management. The pact includes a commitment to appoint two new independent directors, a move aimed at enhancing governance and operational oversight ahead of the company's 2026 Investor Day.

DLocal Limited (NASDAQ: DLO)

DLocal shares slipped 4% after the company missed Q1 earnings estimates, reporting an EPS of $0.14 against the expected $0.17. While revenue slightly edged out consensus, the combination of the earnings miss and unchanged forward guidance failed to inspire investor confidence.

StoneCo (NASDAQ: STNE)

StoneCo shares jumped 7% as investors looked past a slight bottom-line miss to focus on better-than-expected revenue of R$3.58 billion. The positive price action suggests the market is prioritizing the company's continued top-line growth and market share expansion in the Brazilian fintech space.