Breaking News
Quotes
All Instrument Types
  • All Instrument Types
  • Indices
  • Equities
  • ETFs
  • Funds
  • Commodities
  • Currencies
  • Crypto
  • Bonds
  • Certificates

Please try another search

Search website for: 
Popular News
More
Popular Analysis
More
More
/Free Sign Up
 Investing Pro 0
Free Webinar - Webinar: Simplify Options Trading | Thursday, September 28, 2023 | 08:00PM EDT Enroll Now

Dow futures steady, GameStop sheds 18.8% after earnings

AuthorOliver GrayStock Markets
Published Jun 07, 2023 06:54PM ET
6
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.
 
US500
+0.02%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
DJI
-0.20%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
ESZ3
+0.03%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
1YMZ3
-0.03%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
NQZ3
+0.02%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close
GME
+2.21%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
 
Create New Watchlist Create
Create a new holdings portfolio Add Create
+ Add another position Close

Investing.com - U.S. stock futures were trading in a tight range during Wednesday's evening deals, after a mixed session among major benchmark averages as the recent AI-driven tech rally paused, while the Dow outperformed.

By 18:45 ET (22:45 GMT), Dow Jones futures, S&P 500 futures and Nasdaq 100 futures were each trading within a range of 0.1%.

Analyze the latest corporate earnings results with InvestingPro.

In extended deals, GameStop Corp (NYSE:GME) fell 18.8% after the company reported Q1 losses of $0.14 per share versus expected losses of $0.12 per share while revenue came in at $1.24 billion versus $1.36B expected. The board also ousted Matt Furlong as chief executive and appointed Ryan Cohen as executive chairman.

HashiCorp Inc (NASDAQ:HCP) lost 23.2% after reporting Q1 losses of $0.07 per share versus expected losses of $0.14 per share while revenue was reported at $138 million versus $133.13M expected.

Smartsheet Inc (NYSE:SMAR) fell 19.2% after the company reported Q1 EPS of $0.18 versus $0.08 expected on revenues of $219.9M versus $214.1M expected.

Ahead in Thursday's session, market participants will be closely monitoring weekly jobless claims data, wholesale inventories, and the Fed's balance sheet.

During Wednesday's regular trade, The Dow Jones Industrial Average added 91.7 points or 0.3% to 33,665, the S&P 500 dipped 16.4 points or 0.4% to 4,267.5, and the Nasdaq Composite lost 171.5 points or 1.3% to 13,104.9.

On the bond markets, United States 10-Year rates were at 3.797%.

Dow futures steady, GameStop sheds 18.8% after earnings
6
 
Comments (6)
6

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

I Agree
Write your thoughts here
 
Are you sure you want to delete this chart?
Delete Cancel
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
Replace Cancel
1000
Comment Guidelines
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (6)
Cristian Chibato
Cristian Chibato Jun 20, 2023 3:08PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
lmao
Reply
0 0
Report
Derick Lim
Derick Lim Jun 08, 2023 1:04AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Perhaps GameStop didn't mention AI after earnings
Reply
2 0
Report
Kristel Juurik
Kristel Juurik Jun 08, 2023 12:41AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Wow
Reply
0 1
Report
Shahzad Jani
Shahzad Jani Jun 08, 2023 12:30AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
hi
Reply
0 1
Report
john hill
john hill Jun 07, 2023 7:21PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
hi
Reply
1 3
Report
john hill
john hill Jun 07, 2023 7:20PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
test
Reply
0 3
Report
 
Are you sure you want to delete this chart?
Delete Cancel
 
Post
 
Replace the attached chart with a new chart ?
Replace Cancel
1000
Comment Guidelines
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Cancel Attach
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Confirm Block Cancel
Ok
Report this comment

I feel that this comment is:

Submit
Comment flagged

Thank You!

Your report has been sent to our moderators for review
Close
Continue with Google
or
Sign up with Email