iPhone makerApple (AAPL) posted better-than-expected sales and profit in its fiscal third quarter. The stock rose 2.4%.
Intel (INTC) plunged 10.6% after the chip maker’s second-quarter earnings fell short of expectations.
Roku (ROKU) shares sank 23% early Friday. The connected-television firm posted a wider loss and a drop in revenue more than Wall Street expected. It also warned that a slowdown in advertising and consumer spending would hurt sales.
Shares of Exxon Mobil (XOM) climbed 2.6% after the oil and gas giant reported record quarterly earnings that beat estimates.
Chevron (CVX) stock jumped 3.6% after the oil giant posted second-quarter earnings above analysts’ expectations and said it was going to boost its share repurchases.
Procter & Gamble (PG) fell 3.8%. The maker of Tide detergent reported fiscal fourth-quarter earnings that missed analyst estimates, and issued a forecast for fiscal 2023 that also came up short.
Comcast was 0.7% lower after an analyst from J.P. Morgan downgraded the stock to Neutral from Overweight and an analyst at Macquarie lowered its rating to Underperform from Neutral. The broadband internet growth engine showed zero growth in its broadband internet subscriber base in its earnings results.
Shares of glucose monitoring systems DexCom dropped 13.5% after the company posted earnings and sales misses in its second quarter.