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Check out the companies making headlines in afternoon trading. Pinterest – Shares fell nearly 10% after the image-sharing company issued lower-than-expected guidance for its first-quarter revenue. Late Thursday, Pinterest posted fourth-quarter revenue that disappointed Wall Street, but beat earnings, according to LSEG. CleanSpark – The bitcoin miner surged 33% on Thursday after posting better-than-expected results for its fiscal first quarter. The company reported earnings of 14 cents per share, while analysts had expected a loss of 26 cents per share, according to FactSet. Revenue for the quarter came in at $73.8 million, compared to estimates of $71 million. The company got an additional boost after Bitcoin rose above $47,000 on Friday. Expedia – Wall Street was disappointed with fourth-quarter bookings, with the travel booking company falling 17%. On Thursday, Expedia reported bookings of $21.7 billion, while analysts surveyed by LSEG were expecting $22 billion. The company also announced a CEO change, and Bank of America downgraded the stock from buy to neutral. Take-Two Interactive Software – Stock fell 8.6% after the video game maker gave disappointing forecast guidance for the current quarter. On Thursday, Take-Two Interactive said it expected bookings of $1.27 billion to $1.32 billion in the fiscal fourth quarter, compared with analysts’ estimates of $1.51 billion, per LSEG. PepsiCo – Shares fell nearly 4% after the beverage and snacks giant reported fourth-quarter revenue that fell short of expectations. Revenue came in at $27.85 billion, less than the $28.4 billion expected by analysts surveyed by LSEG. Pepsi said higher borrowing costs and lower personal savings hurt consumers’ budgets. Cloudflare – Shares rose more than 19% after the cloud services provider beat Wall Street estimates on the fourth-quarter top and bottom lines and issued optimistic full-year guidance for earnings per share. Late Thursday, Cloudflare reported adjusted earnings of 15 cents per share and revenue of $362 million, while LSEG analysts expected earnings of 12 cents per share and revenue of $353 million. Bill Holdings – The billing software company fell more than 13%. Late Thursday, Bill Holdings posted revenue guidance of $299 million to $309 million for the fiscal third quarter. Analysts called for $302 million in revenue per LSEG. Applied Materials, Lam Research and more – chip stocks soared, leading the VanEck Semiconductor ETF (SMH) up about 2.2%. Applied Materials rose nearly 7%, while Lam Research gained 5.4%. Chip giant Nvidia jumped 3.5%. Enphase Energy, First Solar and more – Solar stocks surged on Friday, leading the Invesco Solar ETF (TAN) up 3.1%. Enphase Energy and First Solar each rose about 4.5% and 5.8%, while SolarEdge climbed 3%. All four names are still down sharply on the year. — CNBC’s Tanaya Machel, Piya Singh, Jesse Pound, Michelle Fox, Lisa Kailai Hahn and Darla Mercado contributed reporting
