Stock Futures Today: Live Updates
44 minutes ago
Stocks that make the biggest movements after the clock
Check out the companies making headlines in expanded trading.
Disney — Shares fell more than 4% after the company reported mixed financial results for the second quarter. Earnings came in line with estimates, while revenue slightly beat analysts’ estimates, according to Refinitiv data. While the company said losses from its streaming segment narrowed, it lost 4 million Disney+ subscribers.
Beyond Meat — The alternative meat maker̵[ads1]7;s shares rose 2% after Beyond Meat posted better-than-expected first-quarter results. Beyond Meat reported a loss of 92 cents per share and $92.2 million in revenue. Analysts had expected a loss of $1.01 per share on revenue of $90.8 million, according to Refinitiv.
The entire list can be found here.
—Hakyung Kim
4 minutes ago
Robinhood Announces Income Beat, Launch of 24-Hour Trading
Shares of Robinhood rose about 1.7% in extended trading after the brokerage reported better-than-expected fourth-quarter earnings.
Robinhood generated $441 million in revenue for the first quarter, above the $425 million predicted by analysts, according to Refinitiv. Monthly active users rose slightly since the fourth quarter to 11.8 million. However, the net loss widened to $511 million, mainly due to a stock-based compensation charge.
The retail brokerage house also said it will allow share trading 24 hours a day, 5 days a week, from next week. The company said it will be the first U.S. brokerage to do so.
Robinhood already offers what it calls “hyper-extended” business hours, and CEO Vlad Tenev has previously said the company’s goal is to one day offer 24/7 trading.
— Jesse Pound
53 minutes ago
Stock futures open flat on Wednesday
US stock futures opened little changed on Wednesday evening.
Dow Jones Industrial Average futures fell 16 points, or 0.05%. S&P 500 futures rose 0.01%, while Nasdaq 100 futures fell 0.02%.
—Hakyung Kim
