Afterhours Trading Watch: Block, Expedia, Cloudflare -- WSJ

Dow Jones05-08 06:56

By WSJ staff

Airbnb $(ABNB)$: The short-term rental company raised its full-year outlook, as strong global travel demand helped offset an influx in cancellations around the Iran war. The stock slipped about 1.7% afterhours.

Block (XYZ): The fintech company raised its annual earnings outlook after a strong performance from CashApp and its Square payment devices boosted the company's gross profit for the first quarter. Shares added 8% postmarket.

Cloudflare (NET): The cloud connectivity company plans to cut about 1,100 jobs as part of a restructuring plan driven by artificial intelligence. Shares slid 18%.

Monster Beverage $(MNST)$: Shares in the energy-drink maker jumped 8% after it said international sales were up almost 45% for the quarter, aided in part by a weaker dollar.

CoreWeave (CRWV): The cloud provider widened its loss in the first quarter as operating expenses continued to outpace the company's revenue growth. The stock fell 9% postmarket.

Expedia (EXPE): The online travel agency's stock dropped 8% despite the company posting higher revenue and reaffirming its full-year guidance.

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May 07, 2026 18:56 ET (22:56 GMT)

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