Applied Materials, DraftKings, Airbnb: Earnings in Focus -- WSJ

Dow Jones
8 hours ago

By WSJ Staff

Coinbase Global (COIN): The largest U.S. crypto exchange swung to a loss in a fourth quarter marked by sharp selloff in digital currencies. But with the stock already down 38% this year, much of the negativity appeared to be priced in. Shares edged higher aftermarket.

Applied Materials (AMAT): Shares of the semiconductor-equipment maker jumped 13% after its results were boosted by the acceleration of industry investments in AI computing.

Rivian Automotive (RIVN): The electric-vehicle startup logged a fourth quarter loss, but revenue came in higher than analysts modeled. Shares jumped more than 15% in post-market trading.

Airbnb $(ABNB)$: The vacation rental company's shares advanced about 4% after-hours following its posting higher fourth-quarter revenue. Profit fell however as investments in new business drove up expenses.

DraftKings $(DKNG)$: The online sports betting operator said revenue rose 43%, in line with analysts' expectations. Its sales outlook for the year came in lighter than expected though. Shares dropped about 15% after-hours.

Wynn Resorts $(WYNN)$: The gaming and hospitality operator had a mixed fourth quarter, as its Macau operations improved but Las Vegas resorts continued to struggle. Shares slipped about 3% post-market.

Expedia (EXPE): Shares of the online travel agency dropped 4% afterhours following its quarterly earnings report. Expedia posted a profit of $205 million, down from $299 million a year earlier.

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(END) Dow Jones Newswires

February 12, 2026 17:55 ET (22:55 GMT)

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