In This Article:
Asking for a Trend host Josh Lipton covers the several stocks trending on the Yahoo Finance platform in after-hours trading, including NXP Semiconductor (NXPI) after CEO Kurt Sievers announces his plans to retire, F5's (FFIV) earnings and guidance beat, and Nucor's (NUE) first quarter earnings figures.
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All right, take a look now what's trending here in the after hours, checking in on shares of NXP semiconductors, cloud management company, F5 and New Core Corporation. NXP semi topping first quarter earnings expectations, the company noting guidance for the second quarter underpins its cautious optimism on navigating a challenging set of market conditions. NXP also announcing a management transition. CEO Kurt Sievers, planned to retire by the end of 2025. F5 beating earnings and revenue estimates for the second quarter. Looking ahead the company providing a better than expected third quarter revenue outlook and upbeat profit guidance. F5 highlighting its outlook is driven by a substantial subscription software renewal base and continued strong systems demand. And steelmaker Nucor sees its largest earnings increase in the steel mills segment. Nucor beat the average analyst estimate with net sales of 7.83 billion. And the company is also expecting second quarter earnings to increase, with the CEO saying, quote, despite recent financial market volatility, Nucor is seeing solid demand for the steel and steel products we manufacture.
