US Stocks After Hours: Palantir Surges 10%, CRSP, FANG and Others in Focus
Taylor Wilson
Palantir jumped 10% after hours on US commercial revenue surging nearly 150% year-over-year; Snap and ON Semi also beat, while Whirlpool slid on a wide earnings miss.
Why did Palantir spike 10% after hours?
US commercial revenue surged nearly 150% year-over-year, and overall results far exceeded Wall Street expectations.
This means → Palantir's AI platform is monetizing on the enterprise side much faster than analysts had modeled — commercial traction is no longer just a narrative.
The 10% after-hours jump reflects the market pricing in "AI application layer delivering real revenue" in real time.
What drove Snap and ON Semi higher?
Snap posted Q2 revenue of $1.6 billion, above the $1.54 billion consensus; both global daily active users and average revenue per user beat expectations. Shares rose 11% after hours.
Snap still reported a per-share loss of 10 cents, and it remains unclear whether that figure is directly comparable to the LSEG consensus — the profit line needs watching.
ON Semi earned 74 cents per share (excluding certain items) on revenue of $1.6 billion, topping LSEG estimates of 71 cents and $1.59 billion. Gross margin also beat. Shares gained 5%.
What went wrong at Whirlpool?
Adjusted per-share loss came in at 21 cents — more than three times worse than the 5-cent loss analysts expected.
Revenue of $3.52 billion also missed, and the company cut its full-year earnings guidance.
This means → US consumers are still pulling back on big-ticket appliances — weak demand hit both the quarter and the outlook, a double blow.
Why are CRSP and FANG being singled out?
Gene-editing firm CRISPR Therapeutics (ticker CRSP) and oil-and-gas explorer Diamondback Energy (ticker FANG) drew after-hours attention, though detailed financials are still pending.
In plain terms = the market has its eye on both names, but no numbers are out yet — this is an expectations game, not an earnings-driven move.
How did the broader market finish?
All three major US indexes closed higher Monday; the Dow Jones Industrial Average gained 1% and the S&P 500 posted a solid advance.
Focus this week shifts to upcoming earnings and labor-market data — the stock-by-stock divergence after hours shows earnings season is still a name-by-name pricing event, not a rising-tide trade.
Content is for reference only, not financial advice.