Dow Futures Trade Lower, Amazon Tanks 12.7% After Earnings By Investing.com


© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures fell during Thursday’s evening trade, after major benchmark indices finished the regular session mixed as investors digested a slew of earnings results from major technology companies.

By 7:10pm ET (11:10pm GMT) fell 0.1%, dipped 0.5% and fell 0.7%.

In extended deals, Amazon.com Inc (NASDAQ:) shed 12.7% after the company Q3 EPS of $0.28, above expectations of $0.22, while revenue came in at $127.1 billion versus $127.76 billion expected. Looking ahead, Amazon predicts Q4 2022 revenue of $140-148 billion, versus $155.1 billion expected.

Apple Inc (NASDAQ:) added 0.7% after Q4 EPS of $1.29 versus $1.26 expected while revenue came in at $90.1 billion versus $88.76 billion expected.

Intel Corporation (NASDAQ:) gained 5.5% after the company Q3 EPS of $0.59, better than $0.34 expected, while revenue was reported at $15.3 billion versus $15.43 billion.

Pinterest Inc (NYSE:) lifted 9.6% after the company Q3 EPS of $0.11, beating expectations of $0.06. Revenue came in at $685 million versus $665.54 million expected.

Vertex Pharmaceuticals Inc (NASDAQ:) lifted 5.1% after Q3 EPS of $4.01 versus $3.62 expected on revenues of $2.33 billion versus $2.22 billion expected.

Gilead Sciences Inc (NASDAQ:) added 3.6% after Q3 EPS of $1.90, beating $1.52 expected, while revenue came in at $7 billion versus $6.13 billion expected.

Ahead in Friday’s session, market participants will be looking towards , and s data as well as earnings results from Chevron Corp (NYSE:), Exxon Mobil Corp (NYSE:) as well as Colgate-Palmolive Company (NYSE:).

During Thursday’s regular session, the lifted 194.2 points or 0.6% to 32,033.3, the fell 23.3 points or 0.6% to 3,807.3 and the lost 178.3 points or 1.6% to 10,792.7.

On the bond markets, rates were at 3.927%.

Be the first to comment

Leave a Reply

Your email address will not be published.


*