NASDAQ 100 After Hours: Mixed Performances Seen

NASDAQ 100 sees mixed after-hours trading. International Paper is close to its target price while Amazon's stock declines amidst anticipation of the FTC's verdict on MGM acquisition. Investors should watch these developments closely.

Date: 07-02-2025

AI Rating: 6

Mixed Results for Active Stocks

The after-hours trading session reflects a mixed performance for several key players in the NASDAQ 100, indicating varied investor sentiment. International Paper Company (IP) shows a slight decline but trades at 92.15% of its target price, which suggests stability relative to expectations. In contrast, Amazon.com, Inc. (AMZN) experienced a more notable drop of $4.9411, indicating weaker investor confidence, possibly linked to the pending FTC decision regarding the MGM acquisition.

Forecast Changes Affecting Future Performance

CNX Resources Corporation (CNX) and Bank of America Corporation (BAC) are noteworthy as they both received multiple upward revisions in earnings forecasts, pointing to a potentially favorable outlook for their earnings per share (EPS). CNX's consensus EPS forecast is set at $0.57 while BAC's stands at $0.93, showing that analysts are optimistic about their future profitability. This could positively affect their stock prices as investor sentiment may shift to a more positive outlook based on these revisions.

EPS and Recommendations

Notable, Alphabet Inc. (GOOGL) has seen an increase in upward revisions with a consensus EPS forecast of $2.02, aligning with the trend seen among the previously mentioned companies. Furthermore, many of the stocks mentioned, including NVIDIA Corporation (NVDA), Pinterest, Inc. (PINS), and Bank of America Corporation (BAC), are within the “buy range” according to current mean recommendations, suggesting that investors see these stocks as attractive opportunities despite mixed performance overall.

Stocks: IP AMZN SNAP NVDA PINS CNX BAC BP GOOGL CMCSA AAPL