Stock Market News

Dow futures steady, Disney moves 4.6% lower after earnings

2023.05.10 21:46


© Reuters.

Investing.com – U.S. stock futures remained relatively flat on Wednesday night, following a mixed session among benchmark averages as fresh CPI hinted cooling inflation pressures.

By 07:40pm ET (11:40pm GMT) and were little change while ticked 0.1% higher.

in extended deals, Walt Disney (NYSE:) dipped 4.6% after Q2 EPS of $0.93 versus $0.95 expected, while revenue came in at $21.82 billion versus $21.8 billion.

Unity Software Inc (NYSE:) added 10.5%, Q1 losses of $0.67 per share versus expected losses of $0.60 per share reported last year. Revenue for the quarter came in at $500M versus the consensus estimate of $481.46M.

Sonos (NASDAQ:) dipped 22.7% after the company Q2 EPS of $0.04 versus expected losses of $0.27 per share, while revenue came in at $304.2 million versus $295.93 million expected.

Beyond Meat (NASDAQ:) fell 0.9% after Q1 losses of $0.92 per share versus expected losses of $1.02 per share. Revenue was reported at $92.2 million versus $91.7 million.

Ahead in Thursday’s session, market participants will be looking towards and fresh data.

During Wednesday’s regular trade, the lost 30.5 points or 0.1% to 33,531.3, the gained 18.5 points or 0.5% to 4,137.6 and the lifted 126.9 points or 1% to 12,306.4.

On the bond markets, rates were at 3.436%.

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