After-hours Market Watch: Apple, DraftKings, Corning, Airbnb Shares

Airbnb's stock fell 6% afterhours due to pressure on margins from new business spending. Apple's shares gained 3% afterhours following news of exemptions from new chip tariffs.

Airbnb (ABNB) and Apple Inc. (AAPL) experienced contrasting stock movements after hours on July 2, 2025, driven by distinct financial and regulatory news.

Airbnb's stock dropped 6% after hours, despite reporting stronger-than-expected Q2 revenue and earnings. The company reported Q2 revenue of $3.1 billion and $1.03 EPS, surpassing forecasts [1]. However, shares fell as investors reacted to cautious guidance on slowing growth and margin compression. Management cited 13% y/y revenue growth, but warned of 8-10% growth in Q3 and margin pressures from $200M in new investments [1]. Despite $6B buyback authorization and $11.4B cash reserves, investors remain wary due to macro risks and margin dilution [1].

Meanwhile, Apple's shares gained 2.73% after hours, driven by a $100 billion US investment and a tariff exemption for Taiwan Semiconductor Manufacturing Company (TSMC) [2]. The exemption allayed concerns among investors and helped drive TSMC's shares to a record high. Apple's robust financial performance, expanding operating margins, and strong market presence have also contributed to its stock price appreciation [2]. The GF Value rating considers Apple's stock fairly valued, with a dividend yield close to its 1-year high [2].

The differing stock movements reflect contrasting investor sentiment towards each company's financial outlook and regulatory environment. Airbnb's margin pressures and slowing growth concerns have weighed on investor sentiment, while Apple's investment and tariff exemption have bolstered investor confidence.

References:
[1] https://www.ainvest.com/news/airbnb-stock-drops-q2-beat-overshadowed-cautious-h2-outlook-margin-concerns-2508/
[2] https://www.ainvest.com/news/aapl-stock-surges-investment-tsmc-tariff-relief-key-financial-indicators-2508/