Dow futures steady as Netflix, Tesla report
Investing.com — US stock futures were trading in a tight range during Wednesday's evening deals, after major benchmark averages declined significantly throughout regular trading as Treasury bond yields surged to fresh 16-year highs.
By 6:30pm ET (10:30pm GMT) Dow Jones Futures and S&P 500 Futures were flat while Nasdaq 100 Futures ticked up 0.1%
In extended deals, Tesla (NASDAQ:TSLA) lifted 1%, reporting Q3 EPS of $0.66 versus $0.73, while revenues came in at $23.4 billion versus $24.32 billion expected. The company also announced a delivery event for the Cybertruck on a November 30th.
Netflix (NASDAQ:NFLX) popped 13% after the company reported Q3 EPS of $3.73 versus $3.49 expected, with revenues reported at $8.54 billion versus $8.54 billion expected. Meanwhile, subscribers lifted by 8.76 million versus 6.2 million expected.
Equifax (NYSE:EFX) dropped 7% after reporting Q3 EPS of $1.76 versus $1.79 expected, with revenue coming in at $1.32 billion versus $1.33 billion expected.
Lam Research (NASDAQ:LRCX) fell 4%, reporting Q1 EPS of $6.85 versus $6.07 expected. Revenue came in at $3.48 billion versus $3.41 billion expected.
Ahead in Thursday's trade, market participants will be watching for jobless claims data, the Philadelphia Fed manufacturing index, existing home sales, as well as speeches from Jefferson, Powell, Goolsbee, Barr, Bostic, Harker and Logan.
Among earnings, companies including Taiwan Semiconductor Manufacturing (NYSE:TSM), Philip Morris International Inc (NYSE:PM), Union Pacific Corporation (NYSE:UNP), Blackstone Inc (NYSE:BX), AT&T Inc (NYSE:T) and American Airlines Group (NASDAQ:AAL) are expected to release quarterly results.
Stay ahead of the curve this earnings season with InvestingPro.
During
Read more on investing.com
