
© Reuters.
By Oliver Gray
Investing.com – U.S. stock futures were trading slightly higher during Wednesday’s evening deals, following a strong rally among major benchmark average during regular trade as highly anticipated data eased slightly from 41-year highs.
By 7:00pm ET (11:00pm GMT) were little changed while and dipped 0.2% apiece.
In extended deals, Walt Disney (NYSE:) added 6.8% after Q3 EPS of $1.09 versus $0.98 expected on revenue of $21.5 billion versus $20.99 billion expected.
Sonos (NASDAQ:) fell 19% after Q3 EPS of $0.19, beating estimates of $0.06 while revenue came in at $371.8 million versus $424.03 million expected.
Bumble Inc (NASDAQ:) dipped 11.6% after the company Q2 losses of $0.03 per share, worse than expected losses of $0.01 per share. Revenue came in at $220.45 million versus $219.55 million.
Vacasa Inc (NASDAQ:) lifted 29.6% after Q2 EPS of $0.02, better than expected losses of $0.18, while revenue came in at $310.35 million versus $285.46 million expected.
Matterport Inc (NASDAQ:) gained 16.8%, Q2 losses of $0.12,slightly beating expected losses of $0.14. Revenue came in at $28.48 million versus $29.6 million expected.
Applovin Corp (NASDAQ:) fell 9.3% after Q2 losses of $0.06, below expected EPS of $0.15. Revenue came in at $776.23 million versus $839.67 million expected.
Ahead in Thursday’s session, investors will be tracking data as well as July’s print. Earnings from companies such as Rivian Automotive Inc (NASDAQ:), Warby Parker Inc (NYSE:) and Poshmark Inc (NASDAQ:) will also be closely monitored.
During Wednesday’s regular session the jumping 535.1 points or 1.6% to 33,309.5, the added 2.1% to 4,210.2 and the gained 2.9% to 12,854.8.
On the data front, the headline for July came in at 8.5%, below 8.7% expected and cooling from 41-year highs, sparking speculation of less aggressive rate hikes at the U.S. Federal Reserve’s next meeting.
On the bond markets, rates were at 2.785%.