Dow futures flat, Airbnb sheds 11.4% after earnings

Investing.com – U.S. stock futures slightly higher in Tuesday’s overnight trading, following a negative session among benchmark averages with traders digesting a fresh batch of earnings results ahead of Wednesday’s key inflation report.

By 6:35pm ET (10:35pm GMT) , , were each trading in a range of 0.1%.

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In extended deals, Airbnb Inc (NASDAQ:) fell 11.2%, Q1 EPS of $0.18 versus $0.20 expected, while revenue for the quarter was reported at $1.8 billion versus $1.79 billion expected.

Rivian Automotive Inc (NASDAQ:) added 5.5%, Q1 losses of $1.25 per share versus expected losses of $1.61 per share, while revenue came in at $661 million versus $655.51 million expected.

Twilio (NYSE:) fell 14.3% after the company Q1 EPS of $0.47 versus $0.21 expected, while revenue came in at $1.01 billion versus $1 billion expected.

Upstart Holdings (NASDAQ:) added 41.9%, Q1 losses of $0.47 per share versus expected losses of $0.82 per share. Revenue came in at $103 million versus $99.72 million.

Ahead in Wednesday’s trade, key data will be in focus as market participants attempt to gauge the future path of .

Earnings season also continues with results expected from Walt Disney Company (NYSE:), Roblox Corp (NYSE:) and Robinhood (NASDAQ:).

During Tuesday’s regular session, the lost 56.9 points or 0.2% to 33,561.8, the fell 19 points or 0.5% to 4,119.2 and the dipped 77.4 points or 0.6% to 12,179.6

On the bond markets, rates were at 3.524%.