Late Night Market Recap Shows Mixed Results Thursday

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•  06 Nov 2025
 

•   ABNB  
   
  -0.99%
•   AFRM  
   
  -1.45%
•   APP  
   
  +0.93%
•   AZN  
   
  -0.01%
•   COP  
   
  -0.74%

$DDOG emerged as the day biggest winner on exceptional volume of over 19 million shares. The cloud monitoring platform crushed both earnings and revenue estimates for the third quarter, with sales jumping 28% year over year to reach $885.65 million. What really excited investors was the company's raised full-year outlook and strong fourth-quarter guidance, driven by robust demand for AI-powered security solutions. Datadog reported that its artificial intelligence initiatives are attracting more high-paying customers, with the AI boom creating tailwinds for cloud security spending. The stock posted its second-best trading day ever as analysts scrambled to revise their price targets upward following the blowout results.

$DASH had a brutal session, plunging in what became the food delivery company's worst single-day performance on record. Despite reporting quarterly earnings that technically beat on some metrics, DoorDash announcement of plans to invest several hundred million dollars in 2026 spooked Wall Street. The company has already spent billions this year acquiring restaurant booking platform SevenRooms and British delivery service Deliveroo, and analysts expressed concern about the aggressive spending trajectory. The stock tanked on over 16.8 million shares traded as investors worried about near-term profitability taking a backseat to expansion plans.

$DUOL experienced an even more dramatic collapse in its worst session ever. The language learning app actually beat both earnings and revenue estimates for the third quarter, with EPS surprising to the upside by nearly 32%. However, CEO Luis von Ahn's comments that the company has shifted its investment strategy to prioritize long-term user growth over near-term profitability sent shares into freefall. The stock became deeply oversold on technical indicators as over 12.4 million shares changed hands, with some analysts suggesting the selloff may have created a contrarian opportunity for patient investors.

$COP beating third-quarter earnings expectations. ConocoPhillips reported net earnings of $1.38 per share, topping estimates by 15%, while also raising its full-year production guidance and hiking its quarterly dividend by 7.7% to 84 cents per share. The energy giant saw global production increase even as realized prices fell and costs rose. However, higher-than-expected costs at its Alaska oil project disappointed some investors, preventing the stock from rallying on the otherwise solid results.

$XRAY got hammered after Dentsply Sirona missed earnings expectations and slashed its full-year guidance. The dental equipment maker reported adjusted EPS of just 37 cents versus estimates of 45 cents, though revenue did manage to slightly beat projections at $904 million. Management unveiled a return-to-growth plan, but investors weren't convinced as the stock approached critical technical support levels. Stifel immediately lowered its price target while the company's shares entered oversold territory.

$APP AppLovin extended its post-earnings momentum. The mobile app technology company had reported strong third quarter results the previous day, with its AXON 2.0 platform and new self-serve eCommerce portal driving growth. Several analysts raised their price targets following the upbeat quarterly performance, with shares triggering technical buy signals during Thursday session.

$AFRM declined despite handily beating first-quarter expectations across the board. Affirm Holdings surprised analysts with EPS growth of over 109% and revenue that topped estimates by more than 5%. The buy-now-pay-later provider also lifted its gross merchandise volume guidance, but profit-taking hit the stock after its recent rally. Some traders saw the pullback as a healthy consolidation given the strong fundamental performance.

$ABNB delivering mixed third-quarter results. Airbnb missed on earnings per share by about 3.5% but beat revenue expectations by a slim margin at $4.09 billion. Interestingly, shares actually rose in after-hours trading as investors focused on the company's stronger-than-expected forecast and robust bookings growth, suggesting the underlying business momentum remains solid despite the EPS miss.

$AZN AstraZeneca reported better-than-expected third-quarter results driven by its oncology portfolio. The pharmaceutical giant posted sales of $15.19 billion, up 12% year over year, with double-digit growth across its cancer drugs, cardiovascular treatments, and biopharmaceuticals. The company reaffirmed its full-year outlook and calmed investor concerns about pricing pressures, sending the stock into technical buy zone territory.

$DIS dipped as Walt Disney shares crossed below their 200-day moving average, a bearish technical signal. The entertainment giant is approaching its November 13 earnings report with investors watching closely for updates on streaming profitability and cruise line expansion. Trading volume remained modest at 7.6 million shares as the market awaits more concrete catalysts.

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