Shares of Robinhood Markets, Arm Holdings, and Carvana fell in after-hours trading on July 29, 2026, following the release of their latest quarterly earnings reports.
Robinhood Markets edged lower despite exceeding Wall Street estimates and reporting double-digit revenue growth. Increased market volatility drove higher trading activity on the platform.
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However, cryptocurrency headwinds persisted as Bitcoin dropped nearly 50 percent over the past 12 months, contributing to a 20 percent year-to-date decline in Robinhood's stock.
Arm and Carvana Under Pressure
Arm Holdings faced downward pressure after issuing an outlook that underwhelmed investors, driven by lingering concerns over smartphone demand.
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The chip designer noted strong performance in its data center division, where royalties more than doubled alongside growing demand for its new artificial intelligence chip.
Carvana stock sank after hours following its second-quarter results. The online auto retailer surpassed revenue estimates and reported adjusted EBITDA slightly above expectations.
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However, its full-year adjusted EBITDA guidance disappointed Wall Street analysts.