Dow futures fall, Airbnb pops 9.4% after earnings By Investing.com


© Reuters.

By Oliver Gray

Investing.com – U.S. stock futures were trading lower during Tuesday’s evening deals, after major benchmark averages finished mixed following the release of January’s which came in above expectations, while investors monitored a fresh batch of corporate earnings.

By 6:40pm ET (11:40pm GMT) fell 0.1%, while and fell 0.2% each.

In extended deals, Airbnb Inc (NASDAQ:) added 9.4% after the company Q4 EPS of $0.48 versus $0.25 expected, while revenue came in at $1.9 billion versus $1.86 billion expected. The company forecasted Q1 2023 revenue of $1.75-1.82 billion versus $1.68 billion expected.

TripAdvisor (NASDAQ:) lifted 10% after Q4 EPS of $0.16 versus estimates of $0.04, while revenue came in at $354 million versus $344.24 million expected.

Devon Energy Corporation (NYSE:) fell 5.4% after adjusted per-share earnings of $1.66 versus $1.75 expected, while revenue came below expectations.

Ammo Inc (NASDAQ:) lost 16% after Q3 EPS of $0.05 versus $0.01 expected. Revenue was reported at $38.7 million versus $55.76 million.

Ahead in Wednesday’s session, investors will be looking towards the , , and data.

During Tuesday’s session, the fell 156.7 points or 0.5% to 34,089.3, the finished little changed at 4,136.1 and the added 68.4 points or 0.6% to 11960.2.

On the bond markets, rates were at 6-week highs of 3.753%.

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