The DOJ has also proposed that Boeing contribute an additional $444.5 million to a victims’ fund on top of the $500 million previously paid, according to a Reuters report.
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 9.3% in the afternoon session after the company clarified that the SEC's inquiry was related to a discontinued user-metric last reported more than two and a half years ago.
Shares of healthcare professional network Doximity (NYSE:DOCS)
fell 11.7% in the afternoon session after the company reported weak first quarter 2025 results: its revenue guidance for next year fell short of Wall Street's estimates and suggested a significant slowdown in demand. Notably, top-line growth decelerated significantly, up 17% (versus 25% growth in the previous quarter).
Shares of identification solutions manufacturer Brady (NYSE:BRC) fell 5.4% in the afternoon session after the company reported disappointing first quarter results: Its revenue slightly missed and its full-year EPS guidance fell slightly short of Wall Street's estimates. Management also noted that the tariff situation was likely to create uncertainty, suggesting it could be a significant headwind for the business. Overall, this was a weaker quarter.
Shares of semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT)
fell 6% in the afternoon session after the company reported disappointing first 2025 quarter results: its revenue was in line and its inventory levels slightly increased. On the other hand, Applied Materials beat analysts' EPS and adjusted operating income estimates this quarter.
Zooming out, we think this was a mixed quarter. The market seemed to be hoping for more.
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