U.S. stock market movement | Teradyne and Bloom Energy's after-hours stock prices soared over 21%, Joby Aviation rose nearly 10%

On October 29th (Wednesday), semiconductor testing equipment manufacturer Teradyne's stock price soared over 21% after hours! The company reported better-than-expected third-quarter results and provided fourth-quarter guidance that significantly exceeded analysts' expectations, primarily driven by strong demand for artificial intelligence testing solutions.

Specific news:

The company reported an adjusted earnings per share of $0.85 for the third quarter, surpassing analysts' estimate of $0.79, while revenue reached $769 million, exceeding the consensus expectation of $744 million, a year-on-year increase of 4%. Semiconductor testing revenue was $606 million, driving this outstanding performance, with particularly strong demand for AI-related testing applications.

After the announcement, Teradyne's stock price jumped over 20%, as investors reacted enthusiastically to the company's significantly better-than-expected fourth-quarter outlook. The company expects fourth-quarter revenue to be between $920 million and $1 billion, far exceeding analysts' consensus expectation of $816 million. The fourth-quarter adjusted earnings per share guidance is $1.20 to $1.46, also exceeding the consensus expectation of $1.03.

Joby Aviation's stock rose nearly 10% after hours, following the announcement that the company has been selected as the exclusive aerial launch partner for NVIDIA's new IGX Thor platform.

Specific news:

Joby Aviation's autonomous flight technology Superpilot™ is being developed for military and civilian platforms. The IGX Thor platform, powered by NVIDIA's Blackwell architecture, is designed for next-generation physical AI applications and will enhance Joby Aviation's autonomous flight capabilities.

Gregor Veble Mikić, head of flight research at Joby Aviation, emphasized the importance of this collaboration: "The autonomous systems that Joby Aviation is developing will complement human intelligence by providing speed, precision, and endurance that surpass human capabilities."

The combination of NVIDIA's computing power and Joby Aviation's aircraft design aims to achieve real-time autonomous functions such as mission management, radar and perception processing, and sensor fusion. These capabilities are critical for safety-critical defense and civilian applications.

NVIDIA's support for industry-recognized functional safety standards on the IGX Thor platform enables Joby Aviation to pursue certifiable autonomy for defense applications in the near term and support civilian applications in the long term as regulatory frameworks evolve.

Renewable energy company Bloom Energy's stock price surged over 21% after hours! The company reported impressive quarterly results, marking its fourth consecutive quarter of record revenue.

Specific news:

Bloom Energy reported third-quarter revenue of $519 million, far exceeding analysts' expectation of $428 million, and a 57.1% increase from $330.4 million in the same period last year. The clean energy company also reported an adjusted earnings per share of $0.15, higher than the analysts' expectation of $0.10 The company reported a non-GAAP revenue of $46.2 million for this quarter, a significant improvement from $8.1 million in the third quarter of 2024. The gross margin increased to 29.2%, up 5.4 percentage points year-over-year, while the non-GAAP gross margin reached 30.4%, an increase of 5.1 percentage points year-over-year