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Indebta > Markets > Stocks > Dow futures steady after snapping rally, Intel lifts 8.4% after earnings
Stocks

Dow futures steady after snapping rally, Intel lifts 8.4% after earnings

News Room
Last updated: 2023/07/28 at 5:59 AM
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© Reuters.

Investing.com – U.S. stock futures were trading marginally higher during Thursday’s evening trade, following a negative session among major benchmark averages, with market participants monitoring better-than-expected macroeconomic releases as well as a deluge of corporate earnings results.

By 18:50 ET (22:50 GMT), were flat while and each ticked 0.1% higher.

In extended deals, Intel Corporation (NASDAQ:) popped 8.4% after the company Q2 EPS of $0.13 versus expected losses of $0.04 per share. Revenue was reported at $12.9 billion versus $12.09B expected.

Roku Inc (NASDAQ:) lifted 8.7%, Q2 losses of $0.76 per share versus expected losses of $1.27 per share, while revenue came in at $847.2 million versus $773.02M expected.

Sweetgreen Inc (NYSE:) shed 10.7% after Q2 losses of $0.24 per share versus expected losses of $0.17 per share. Revenue for the quarter came in at $152.5M versus $155.41M expected.

Enphase Energy Inc (NASDAQ:) fell 12.9% after the company Q2 EPS of $1.47 versus $1.28 expected on revenues of $711.1M versus $725.83M expected.

Ahead in Friday’s trade, investors will be looking toward fresh data, as well as Michigan consumer and .

On the earnings front, companies including Exxon Mobil Corp (NYSE:), Procter & Gamble Company (NYSE:), AstraZeneca PLC (NASDAQ:), and Aon PLC (NYSE:) are scheduled to report quarterly results.

During Thursday’s regular trade, the slipped 237.4 points or 0.7% to 35,282.7, snapping 13 session of consecutive gain, the lost 29.3 points or 0.6% to 4,537.4, and the fell 77.2 points or 0.6% to 14,050.1.

On the bond markets. rates were at 3.997%.

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News Room July 28, 2023 July 28, 2023
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