Stocks to Watch: Applied Materials, Arista, DraftKings, Pinterest

Dow Jones
02/13
 

By Katherine Hamilton

 

Applied Materials gave higher-than-expected projections for its current quarter as AI is driving demand. Shares climbed 13% to $372.26 in after-hours trading Thursday.

Arista Networks' revenue jumped and beat expectations in the latest quarter. The stock gained 16% to $156.39 after the bell.

DraftKings posted a lighter-than-expected outlook for the full year, as it plans to sink more money into prediction markets. Shares slid 15% to $21.50.

Pinterest is continuing to struggle with a pullback from advertisers, which weighed on revenue in the latest quarter. The stock shed 17% to $15.40.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

February 12, 2026 18:42 ET (23:42 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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