Stock Market News

Dow futures steady, Gamestop down 2% after earnings

2023.12.06 18:44


© Reuters.

Investing.com – Stock futures were largely unmoved on Wednesday night, after major benchmark averages closed with mixed performance with both the S&P 500 and the extending losses for the third consecutive session.

By 6:20 pm ET (11:20 pm GMT) , and moved less than 0.1% apiece.

In the after-hours trading, GameStop Corp (NYSE:) traded 2% lower after the company EPS of $0.00 versus expected losses of $0.08 per share, while revenues came in at $1.08 billion versus $1.18 billion expected.

C3.ai Inc (NYSE:) shed 8.7% after losses of $0.13 per share versus losses of $0.18 per share expected, with revenues coming in at $73.2 million versus $74.33 million expected.

Chewy Inc (NYSE:) dropped 10.3% after the company reported EPS of $0.15 versus expected losses of $0.06 per share on revenues of $2.74 billion versus $2.76 billion expected.

Braze Inc (NASDAQ:) jumped 12.9%, reporting losses of $0.05 per share versus expected losses of $0.13 per share, while revenues were reported at $124 million versus $117.29 million expected.

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Investors are keeping a close eye on key data releases this week, with for November showed that employers added 103,000 positions, falling short of expectations.

The focus now turns to whether the upcoming data releases this week will indicate a similar slowing trend. The weekly for November are due before the opening bell on Thursday. The data for the same month, along with wage data and the , will be released on Friday morning.

In terms of earnings, Dollar General Corporation (NYSE:) is set to announce its quarterly results before the bell rings on Thursday. Meanwhile, Lululemon Athletica Inc (NASDAQ:) and Broadcom Inc (NASDAQ:) are scheduled to report after the market closes.

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