$Alphabet-A (GOOGL.US)$stock increased by 12% following the company's report of first-quarter revenue that exceeded expectations, coupled with the announcement of its first-ever dividend.
$Microsoft (MSFT.US)$stock went up by 4.3% as the company's strong performance, especially in AI product demand, led to better-than-expected first-quarter earnings.
$Snap Inc (SNAP.US)$stock surged 25% after the social media company reported quarterly revenue and user data that surpassed analyst forecasts.
$Centene (CNC.US)$stock grew by 3.1% after the healthcare company reported earnings that outperformed estimates for the first quarter and raised its guidance for the full year.
Gapping down
$Intel (INTC.US)$stock declined by 8% due to the chipmaker's disappointing quarterly earnings and lackluster forecast for the upcoming second quarter.
$Exxon Mobil (XOM.US)$stock dropped by 1% after the oil company reported a 28% decrease in first-quarter profits year-over-year, missing analyst estimates as weaker refining margins and lower natural gas prices negated the effects of increased production volumes.
$Hertz Global (HTZ.US)$stock decreased by 5.1% following the car rental firm's report of a quarterly loss that was wider than analysts had anticipated, emphasizing its difficulties within the EV rental sector.
$Chevron (CVX.US)$stock dipped slightly by 0.4% as the energy firm felt the impact of low natural gas prices, despite a boost in first-quarter profit from higher production volumes.
$Phillips 66 (PSX.US)$stock fell by 5.6% after the refining company failed to meet profit expectations for the quarter, with refining margins suffering due to a drop in fuel prices.