After-Hours Stock Movers:

SpaceX (NASDAQ: SPCX)

SpaceX shares fell 5% despite reporting Q2 revenue of $7.8 billion that topped Wall Street's $6.81 billion target and narrowing its net loss per share to ($0.09). The stock slid as operational metrics fell short of elevated expectations, with 38 rocket launches during the quarter versus the 43 anticipated by analysts. Total mass payload delivered to orbit also trailed targets, coming in at 485 metric tons compared to the 580.93 MT consensus.

AMD (NASDAQ: AMD)

AMD dropped 5% despite topping Q2 estimates with an adjusted EPS of $1.66 on revenue of $11.54 billion. Management issued strong Q3 revenue guidance of approximately $13 billion (±$300 million), representing roughly 41% year-over-year growth and non-GAAP gross margins of 56%. However, with high market expectations already baked into AI chipmaker valuations, investors opted to lock in profits following the release.

Arista Networks (NYSE: ANET)

Arista Networks surged 9% after delivering a strong beat-and-raise performance for its second quarter. The cloud networking vendor posted an EPS of $1.02 on revenue of $3.04 billion, easily outpacing analyst forecasts. Upbeat Q3 revenue guidance of $3.3 billion (versus $2.95 billion consensus) further reassured investors that enterprise and hyperscaler AI network infrastructure spending remains exceptionally strong.

Pinterest (NYSE: PINS)

Pinterest shares dropped 8.7% after hours despite beating Q2 top- and bottom-line estimates ($0.43 EPS vs. $0.36 expected on $1.18 billion in revenue) and reaching an all-time high of 640 million monthly active users. Investors reacted negatively to conservative third-quarter revenue guidance of $1.19B–$1.21B (midpoint $1.20B), as persistent worries over ad-market pricing pressure and elevated AI infrastructure investments overshadowed the strong user growth.

Digital Turbine (NASDAQ: APPS)

Digital Turbine jumped 10% following a blowout Q1 report where EPS hit $0.19—more than double the $0.09 analyst expectation—on revenue of $166 million. The mobile growth platform also raised its full-year fiscal 2027 revenue guidance to $650–$670 million alongside $145–$155 million in adjusted EBITDA, highlighting a solid rebound in direct-to-device ad monetization.

Upstart Holdings (NASDAQ: UPST)

Upstart rose 14% after quarterly revenue of $364.71 million beat expectations of $347.18 million, despite missing EPS estimates with $0.16. Investors brushed off the slight earnings miss and focused on improving origination volumes and credit performance across its AI-driven lending platform, maintaining confidence in its full-year revenue outlook of $1.4 billion.

Zeta Global Holdings Corp. (NYSE: ZETA)

Zeta Global dropped 9% despite posting a solid Q2 top-line beat of $443 million and raising its full-year 2026 revenue guidance to $1.811–$1.824 billion. The marketing cloud provider reported a modest GAAP EPS of $0.03, but near-term margin growth concerns and elevated sales/marketing expenses weighed on trader sentiment.

Booking Holdings (NASDAQ: BKNG)

Booking Holdings gained 5.5% after topping Q2 estimates with an EPS of $2.54 on $7.35 billion in revenue. Strong global travel demand and a record volume of room nights booked helped propel margins above Wall Street forecasts, signaling sustained resilience in international leisure travel.

Lucid Group (NASDAQ: LCID)

Lucid shares tumbled 10% after posting a wider-than-expected Q2 loss of ($2.78) per share on revenue of $405.35 million, missing the $422.32 million consensus. Persistent production cost headwinds and ongoing price pressure in the luxury EV market continue to drag down the company's profitability timeline.

Coupang (NYSE: CPNG)

Coupang dipped 3% after second-quarter revenue of $8.9 billion came in slightly below the $9.07 billion Wall Street consensus. However, the Asian e-commerce giant managed a narrower-than-expected loss per share of ($0.09), showing improved operational efficiencies across its logistics and Farfetch integration efforts.

Match Group (NASDAQ: MTCH)

Match Group plummeted 14% following a top-line miss, reporting Q2 revenue of $853 million against the $857.25 million consensus despite a $0.70 EPS beat. Soft Q3 revenue guidance of $885–$895 million (midpoint below expectations) underscored ongoing payer growth stagnation across its flagship Tinder platform.