Stock Movers: Arista Networks, AMD, Marriott, McDonald's

Scott Peters
06 Aug, 2025
New York City

Arista Networks Inc. jumped 12.6% to $132.99 after the computer networking company reported a 30% increase in net income in the June quarter.

Revenue increased to $2.2 billion from $1.7 billion, net income jumped to $888.8 billion from $665.4 million, and diluted earnings per share rose to 70 cents from 52 cents a year ago.

For the six-month period, revenue advanced to $4.2 billion from $3.2 billion, net income soared to $1.7 billion from $1.3 billion, and diluted earnings per share edged higher to $1.34 from $1.02 a year ago.

During the second quarter, the company repurchased $983 million of its common stock during the quarter as part of its stock repurchase program.

The company guided net sales in the next quarter to approximately $2.25 billion compared to $2.2 billion a quarter earlier, respectively.

The company expects to deliver a non-GAAP gross margin of approximately 64% and a non-GAAP operating margin of approximately 47% for the third quarter.

Chantelle Breithaupt, Arista’s CFO, said, "Non-GAAP operating income crossed $1 billion for the first time at Arista, highlighting the strength of our business model and the momentum of customer demand across our portfolio. 

Our ability to scale efficiently while maintaining financial discipline continues to deliver value for our shareholders."

Advanced Micro Devices Inc. dropped 6.2% to $100.32 despite the advanced semiconductor chip company reporting more than a threefold jump in earnings in the second quarter.

Revenue increased to $4.6 billion from $3 billion, net income jumped to $872 million from $265 million, and diluted earnings per share rose to 54 cents from 16 cents a year ago.

For the six-month period, revenue climbed to $8.3 billion from $5.9 billion, net income soared to $1.5 billion from $388 million, and diluted earnings per share advanced to 97 cents from 24 cents a year ago.

Operating income swung to a loss of $134 million from a profit of $269 million. Operating expenses soared 23% to $3.2 billion from $2.6 billion. 

Operating cash flow climbed nearly three-and-a-half-fold to $2 billion from $593 million, while free cash flow jumped more than two-and-a-half-fold to $1.2 billion from $439 million a year ago.

During the second quarter, the company returned $478 million to its shareholders through share repurchases.

Marriott International surged 0.2% to $259.72 after the hotel chain operator reported an increase in revenue and earnings in the latest quarter.

Revenue increased to $6.7 billion from $6.4 billion, net income inched lower to $763 million from $772 million, and diluted earnings per share rose to $2.78 from $2.69 a year ago.

During the second quarter, the company returned $700 million to shareholders through the repurchase of 2.8 million shares of common stock.

In the year-to-date to July 30, the company has returned approximately $2.1 billion to shareholders through dividends and share repurchases.

The company added roughly 17,300 net rooms during the quarter, an increase of 4.7% from a year ago. 

At the end of the quarter, Marriott's worldwide development pipeline reached a new record, totaling approximately 3,900 properties and over 590,000 rooms.

McDonald’s Corp. jumped 2.5% to $306.11 after the fast-food restaurant chain reported a muted increase in sales and earnings in the latest quarter.

Revenue increased to $6.8 billion from $6.4 billion, net income inched higher to $2.2 billion from $2 billion, and diluted earnings per share rose to $3.14 from $2.80 a year ago.

For the six-month period, revenue advanced to $12.8 billion from $12.6 billion, net income edged up to $4.1 billion from $4 billion, and diluted earnings per share inched higher to $5.74 from $5.46 a year ago.

The company reported a 3.8% annual increase in global comparable sales, supported by a 2.5% growth in U.S. comparable sales during the same period.