After Hours Trading Trends: Stocks Active Amid Mixed Signals

After Hours Trading Update: The Nasdaq 100 is down amid varied activity across major firms. Key stocks like Cisco and Alphabet show promising earnings forecasts, which may influence investor sentiment positively.

Date: 08-02-2025

AI Rating: 6

Market Overview: The overall performance of the Nasdaq 100 after hours shows a decrease of -1.95, indicating a dip in investor confidence or market sentiment. The total trading volume of 126,345,852 shares reflects moderate interest, which could lead to fluctuations in stock prices.

Earnings Per Share (EPS): Companies such as Cisco Systems, ConocoPhillips, and Alphabet Inc. have upcoming earnings forecasts that demonstrate solid expectations. Cisco's consensus EPS forecast of 0.74 represents a significant 72% increase compared to the previous year, indicating strong growth potential. ConocoPhillips has an EPS forecast of $2.09, supported by multiple up revisions over the last month, and Alphabet's anticipated EPS is $2.02 with similar upward revisions. This upward momentum may result in favorable perceptions among investors, likely sustaining or increasing their stock prices.

Stock Performance: Various stocks exhibited activity during this after-hours session. For instance, Ford and Millrose Properties recorded price changes following a high performance in the day's trading. Conversely, companies like NVIDIA and Amazon saw slight declines, which might lead to cautious sentiment from investors. The unchanged status of stocks like Cisco and International Paper could reflect a stable outlook while waiting for the upcoming earnings reports.

Investor Recommendations: Stocks like Grab Holdings, ConocoPhillips, and Alphabet have been rated in the 'buy range' according to Zacks, suggesting optimism towards their performance. This could enhance investor interest and positively impact their stock prices.

Stocks: CSCO COP GOOGL AMZN INTC MRP F NVDA