Investing
Dow futures slip, Nvidia eases 1.5% after earnings
© Reuters.
Investing.com – US stock futures ticked lower during Tuesday’s evening deals, extended a negative session for major benchmarks as investors evaluated Nvidia’s latest earnings results.
By (6:30 pm ET (11:30 pm GMT) eased 0.1%, were down 0.2% and lost 0.3%.
In extended deals, NVIDIA Corporation (NASDAQ:) fell by 1.5% after Q3 EPS of $4.02 versus $3.36 expected on revenues of $18.12 billion versus $16.18 billion expected. However, the company did caution that export restrictions on China could impact its fiscal fourth-quarter results.
Autodesk Inc (NASDAQ:) dipped 3.7% after the company EPS of $2.07 versus $1.99 expected on revenues of $1.41 billion versus $1.39 billion expected.
HP Inc (NYSE:) lost 3.1% after EPS of $0.9, in line with expectations, while revenues came in at $13.8 billion versus $ 13.82 billion expected.
Guess? Inc (NYSE:) shed 14.7%, EPS of $0.49 versus $0.62 expected on revenues of $651.2 million versus $ 655.98 million expected.
Ahead in Wednesday’s trade, investors will be closely monitoring , and Michigan’s consumer and indexes.
During Tuesday’s regular session, The fell 0.2%, the lost 0.2% and the dropped 0.6%. This follows the Federal Reserve’s signal that monetary policy will remain restrictive, with no indication of imminent interest rate cuts.
On the bond markets, rates were at 4.398%.
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