Amazon logo displayed on a smartphone and a pc screen.
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Check out the companies making headlines after the bell:
Amazon — Amazon's shares were up more than 18% at the close after a strong earnings report. The company reported that its investment in electric vehicle company Rivian returned nearly $12 billion in the fourth quarter. Amazon also announced it would increase the price of Prime by almost 17%. Amazon Web Services also posted nearly 40% year-over-year growth in the fourth quarter, beating Wall Street estimates.
Ford Motor – Ford fell 3.9% in extended trading after a weaker-than-expected earnings report. The automaker posted earnings of 26 cents a share on sales of $35.3 billion. Analysts were expecting earnings of 45 cents a share on revenue of $35.52 billion, according to Refinitv.
Snap — Snap shares soared more than 54% in after-hours trading after the social media company reported its first-ever quarterly net earnings. The company posted adjusted earnings of 22 cents per share compared to the Refinitiv consensus of 10 cents per share.
Pinterest — Pinterest was up 27.7% after the close after a better-than-expected quarterly report. The social media platform posted earnings of 49 cents per share, 4 cents above Refinitv's consensus estimate. Revenue also exceeded expectations on the road.
Clorox – Shares of Clorox fell 8.4% after losing earnings. The consumer goods company posted earnings of 66 cents per share versus the Refinitiv consensus of 18 cents per share. Clorox also issued earnings per share guidance for the fiscal year, which came in below estimates.