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Dow futures little changed, Roku lifts 11.1% after earnings

Published 02/15/2023, 06:52 PM
Updated 02/15/2023, 06:52 PM
© Reuters.

By Oliver Gray 

Investing.com - U.S. stock futures were trading in a tight range during Wednesday’s evening deals, after major benchmark averages finished the regular session higher after strong retail sales data boosted investor sentiment.

By 18:40 ET (23:40 GMT) Dow Jones futures, S&P 500 futures, and Nasdaq 100 futures were trading within a range of 0.1%.

In extended deals, Roku (NASDAQ:ROKU) lifted 11.1% after reporting Q4 losses of $1.70 per share versus, expected losses of $1.72 per share. Revenue was reported at $867.1 million versus $802.12M.

Cisco Systems (NASDAQ:CSCO) added 3.2% after the company reported Q2 EPS of $0.88 versus $0.85 expected on revenues of $13.6 billion versus $13.41B expected.

Twilio (NYSE:TWLO) popped 12.5% after reporting Q4 EPS of $0.22 versus expected losses of $0.08 per share. Revenue came in at $1.02B versus $1B expected.

 Shopify (NYSE:SHOP) was down 9.8% after reporting Q4 EPS of $0.07 versus expected losses of $0.01, while revenues came in at $1.73B versus $1.65B.

Ahead in Thursday’s session, focus will be on January’s producer price index, the  Philadelphia Fed manufacturing index, building permits, housing starts, and jobless claims data as well as speeches from the FOMC’s Mester and Bullard.

Meanwhile, companies scheduled to report earnings results include Nestle SA (OTC:NSRGY), Hasbro Inc (NASDAQ:HAS), Applied Materials Inc (NASDAQ:AMAT), DoorDash Inc (NYSE:DASH), and Dropbox Inc (NASDAQ:DBX).

During Wednesday’s regular trade, the Dow Jones Industrial Average added 38.8 points or 0.1% to 34,128.1, the S&P 500 added 11.5 points or 0.3% to 4,147.6 and the NASDAQ Composite gained 110.5 points or 0.9% to 12,070.6.

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On the bond markets, United States 10-Year rates were at 3.815%.

 

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