Dow futures tick higher, Apple lifts 2.1% after earnings
2023.05.04 21:17
© Reuters.
Investing.com – U.S. stock futures were trading higher during Thursday’s evening trade after benchmark indices declined for the fourth consecutive session amid continuing banking stresses, while market participants monitored earnings results from tech giant Apple Inc (NASDAQ:).
By 6:50pm ET (10:50pm GMT) lifted 0.1%, were up 0.2% and lifted 0.3%.
in extended deals, Apple Inc (NASDAQ:) added 2.1% after Q2 EPS of $1.52 versus $1.43 expected on revenues of $94.8 billion versus $92.9 billion expected. The company also lifted its quarterly dividend by 4.3%.
LYFT Inc (NASDAQ:) dropped 15%, Q1 losses of $0.50 per share, well below expected losses of $0.08 per share. Revenue was reported at $1 billion versus $981.71 million expected.
Microchip Technology Inc (NASDAQ:) dipped 5.3% after the company Q4 EPS of $1.64 versus $1.62 expected on revenue of $2.23 billion versus $2.23 billion expected.
DoorDash Inc (NYSE:) added 4.7%, Q1 losses of $0.41 per share versus losses of $0.58 per share expected, while revenues came in at $2.04 billion versus $1.93 billion expected.
Ahead in Friday’s trade, investors will be looking towards data and as well as a speech from Fed Governor .
During Thursday’s regular trade, the fell 286.5 points or 0.9% to 33,127.8, the dipped 29.5 points or 0.7% to 4,061.2 the fell 58.9 or 0.5% to 11,966.4.
On the bond markets, rates were at 3.377%.
