Take a look at the businesses making headlines in after-hour buying and selling.

Lucid — The electrical automobile maker shed 8% after the corporate posted rising losses within the first quarter however mentioned it has sufficient money to proceed working into subsequent 12 months. The corporate missed expectations for income, reporting $149.4 million in opposition to a consensus estimate of $209.9 million from analysts polled by Refinitiv.

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Palantir — The software program inventory soared 22% after Palantir beat analysts’ expectations for the primary quarter and issued upbeat steering. Palantir reported 5 cents in adjusted earnings per share on $525 million in income, whereas analysts polled by Refinitiv forecasted 4 cents in earnings per share and $506 million in income. The corporate additionally gave a powerful outlook for full-year profitability.

PayPal — Shares slid about 5.5%. PayPal issued weak current-quarter expectations for earnings per share, whereas elevating its full-year steering for the metric. Individually, the digital funds firm beat expectations on high and backside strains for the primary quarter, in accordance with Refinitiv.

Skyworks — The semiconductor inventory fell almost 9%. Skyworks mentioned its enterprise fundamentals remained robust within the second quarter regardless of the difficult backdrop, however did information third-quarter earnings and income to return in beneath Wall Avenue expectations. The corporate posted second-quarter earnings of $2.02 per share, excluding gadgets, in keeping with analysts’ expectations, in accordance with Refinitiv. Income was additionally in keeping with the Avenue’s forecast.