Dow futures steady, Meta surges 11.7% after results


Dow futures steady, Meta surges 11.7% after results

By Oliver Gray – U.S. stock futures ticked higher on Wednesday night following a mixed session among major benchmark averages as First Republic Bank (NYSE:) tanked 30% after a 40% drop in deposits over the first quarter earlier in the week.

By 6:45pm ET (11:35pm GMT) were little changed, added 0.2% and lifted 0.5%.

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In extended deals, Meta Platforms Inc (NASDAQ:) surged 11.7% after the company Q1 EPS of $2.20 versus $2.02 on revenues of $28.65 billion versus $27.61 billion expected.

eBay (NASDAQ:) gained 3%, Q1 EPS of $1.11 versus $1.07 expected, while revenue came in at $2.5 billion versus $2.49 billion expected.

Teladoc (NYSE:) also lifted 5%, 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 $618.23 million expected.

Ahead in Thursday’s session, market participants will be looking towards figures, and , as well as fresh earnings results from companies including amzn, ma, lly, mrk and intc.

During regular trading Wednesday, the 229 points, or 0.7%, to 33,301.9, the 0.4% to 4,056 while the added 0.5% to 11,854.4.

On the bond markets, 10-year rates were at 3.445%.


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