Yahoo Finance Dow futures steady, Meta surges 11.7% after results
Investing.com - U.S. stock futures ticked higher on Wednesday night following a mixed session among major benchmark averages as First Republic Bank (NYSE:FRC) tanked 30% after reporting a 40% drop in deposits over the first quarter earlier in the week.
By 18:45 ET (23:45 GMT) Dow Jones futures were little changed, S&P 500 futures added 0.2%, and Nasdaq 100 futures lifted 0.5%.
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In extended deals, Meta Platforms (NASDAQ:META) surged 11.7% after the company reported Q1 EPS of $2.20 versus $2.02 on revenues of $28.65 billion versus $27.61B expected.
EBay (NASDAQ:EBAY) gained 3%, reporting Q1 EPS of $1.11 versus $1.07 expected, while revenue came in at $2.5B versus $2.49B expected.
Teladoc (NYSE:TDOC) also lifted 5%, reporting Q1 losses of $0.42 per share, less than expected losses of $0.50 per share, while revenue was reported at $629.24 million versus $618.23M expected.
Ahead in Thursday's session, market participants will be looking towards preliminary GDP figures, jobless claims, and pending home sales, as well as fresh earnings results from companies including Amazon (NASDAQ:AMZN), Mastercard (NYSE:MA), Eli Lilly (NYSE:LLY), Merck (NYSE:MRK), and Intel (NASDAQ:INTC).
During regular trading Wednesday, the Dow fell 229 points, or 0.7%, to 33,301.9, the S&P 500 was down 0.4% to 4,056, while the Nasdaq Composite added 0.5% to 11,854.4.
On the bond markets, 10-year rates were at 3.445%.
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