Dow Futures Tick Higher After Negative Session, Coinbase Reports By Investing.com

News



© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures were trading higher during Tuesday’s evening deals as second quarter earnings continued ahead of Wednesday’s key print.

By 7:05pm ET (11:05pm GMT) and were up 0.1% while lifted 0.2%.

In extended deals, Coinbase (NASDAQ:) fell 4.9% after the company Q2 losses of $4.98 per share versus losses of $2.44 expected, while revenues came in at $808.3 million versus $879.69 million expected.

Roblox Corp (NYSE:) shed 17.4% after Q2 losses of $0.30 per share, worse than expected losses of $0.25 per share. Revenue came in at $639.9 million versus $639.19 million expected. In addition, Roblox reported a weaker than expected 52.2 million daily active users during the quarter.

Unity Software Inc (NYSE:) dipped 2.7% after losses per share of $0.18 versus losses of $0.21 expected, while revenue came in at $297.04 million versus expectations of $299.1 million.

H&R Block Inc (NYSE:) popped 4.1% after Q2 EPS of $1.43, coming in above estimates of $1.24, while revenue was reported at $1.05 billion versus $996.33 million expected.

Trade Desk Inc . (NASDAQ:) gained 17.4% after Q2 EPS of $0.20, in-line with expectations, while revenue came in at $376.96 million versus $364.87 million expected.

Wynn Resorts Limited (NASDAQ:) dipped 4.1% after losses of $0.82 per share versus expected losses of $1.11 per share, while revenue came in at $908.83 million versus $980.85 million expected.

Sweetgreen Inc (NYSE:) shed 24.3% after losses of $0.36 per share versus losses of $0.30 expected, while revenue came in at $124.9 million versus $130.18 million expected. The salad company also lowered its full-year outlook, noting that it would lay-off 5% of its workforce and downgrade its office space.

Ahead in Wednesday’s session, market participants will be monitoring key data amid rising expectations that the rate of price increases has peaked as a result of falling prices.

During Tuesday’s regular trade, the fell 58.1 points or 0.2% to 32,774.4, the dipped 15.6 points or 0.4% to 4,122.5 and the lost 150.5 points or 1.2% to 12,493.9.

On the bond markets, rates were at 2.779%.

Leave a Comment

Leading the way

Let's build a better world together

Project planning
Design expertise
Great qualifications

Nullam vestibulum finibus sapien, id consequat mauris tempus auctor.

Locations

90 Newport St., Natick, MA 01760

83 Taylor Street, Kings Mountain, NC 28086

22 Birch Hill St., Villa Rica, GA 30180

Support requests

support@construction.com

Nullam scelerisque leo felis, quis congue mauris tristique in. Suspendisse pulvinar, felis eu facilisis mattis, turpis odio luctus nisi, et ultrices velit enim quis lacus.

Request a quote

[Insert your contact form here]

Construction

Vivamus vehicula dictum elit at bibendum. Etiam finibus eros ut urna auctor ullamcorper. Sed at erat eget nisl rutrum ultrices sed eu ex.

Newsletter

Sign up to receive the latest news and trends from our company.

More questions? Get in touch