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The stocks that make the biggest moves after the bell: Microsoft, Starbucks, Alphabet, Pinterest and more

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People wear face masks outside Starbucks in the downtown core as the city enters Phase 2 of the reopening following restrictions imposed to stem the coronavirus pandemic on June 23, 2020 in New York City.

Noam Galai | Getty Images

Find out which companies are hitting the headlines after Tuesday’s bell:

Microsoft – Shares of the tech giant slipped 3.5% despite releasing third-quarter earnings that beat analysts’ expectations. Microsoft posted earnings per share of $ 1.95 on revenue of $ 41.71 billion. Analysts polled by Refinitiv were forecasting earnings per share of $ 1.78 on revenue of $ 41.03 billion.

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Alphabet – The tech titan’s share rose 4.8% after the company released first-quarter results that beat analysts’ expectations. Google’s parent company posted earnings per share of $ 26.29 on revenue of $ 55.31 billion. Analysts polled by Refinitiv were forecasting earnings per share of $ 15.82 on revenue of $ 51.70 billion.

Visa – Shares of the financial services giant rose 2.2% after the company reported better-than-expected results for its fiscal second quarter. Visa reported earnings per share of $ 1.38 on revenue of $ 5.73 billion. Analysts polled by Refinitiv were forecasting earnings per share of $ 1.27 on revenue of $ 5.55 billion.

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Starbucks – Shares of the coffee company fell 1.5% after the company reported mixed tax results in the second quarter. Starbucks reported earnings per share of 62 cents on revenue of $ 6.67 billion. Analysts polled by Refinitiv were forecasting earnings per share of 53 cents on revenue of $ 6.82 billion.

Pinterest – Shares of Pinterest fell 10.3% after the social company missed user growth expectations for its first quarter. Pinterest reported 478 million monthly active users. Analysts polled by FactSet predicted 480.5 million monthly active users.

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AMD – The semiconductor company’s stock rose 3.3% on better-than-expected first quarter results. AMD reported 52 cents per share on revenue of $ 3.45 billion. Analysts polled by Refinitiv were forecasting earnings per share of 44 cents on revenue of $ 3.21 billion.

Mondelez International – Shares of the snack company rose 3.9% on first-quarter results that beat analysts’ expectations. Mondelez posted earnings per share of 77 cents on revenue of $ 7.24 billion. Analysts polled by Refinitiv were forecasting earnings per share of 69 cents on revenue of $ 7.02 billion.

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