Sunday, May 19, 2024

Dow Futures Little Changed, Disney Sheds 6.3% After Results

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Dow Futures Little Changed, Disney Sheds 6.3% After Results © Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures were trading steady during Tuesday’s evening deals, after major benchmark indices rallied for the third consecutive session as market participants look toward midterm election results.

By 6:25pm ET (11:25pm GMT) were trading flat while advacned 0.1% and gained 0.2%.

In extended deals, Walt Disney (NYSE:) fell 6.3% after Q4 EPS of $0.30 versus $0.59 expected on revenues of $20.15B versus $21.38B expected.

Lucid Group Inc (NASDAQ:) shed 10.9% after the company Q3 losses of $0.40, greater than expected losses of $0.32, while revenue came in at $195.5M versus $210.69M expected.

CarGurus (NASDAQ:) tumbled 21.2% after Q3 EPS of $0.21 versus $0.26 expected on revenues of $426.5 million versus $466.58M expected.

Axon Enterprise Inc (NASDAQ:) lifted 8.7% after Q3 EPS of $0.60, better than $0.49 expected, while revenue came in at $311.75M versus $279.9M expected.

During Tuesday’s regular trade, the added 333.8 points or 1% to 33,160.8, the gained 21.3 points or 0.6% to 3,828.1 and the lifted 51.7 points or 0.5% to 10,616.2.

On the bond markets, rates were at 4.128%.

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