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Investing.com – U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark averages posted a mixed session as market participants braced for key inflation data set to be released during Wednesday’s session.
By 7:15pm ET (11:15pm GMT) Dow Jones Futures were flat while S&P 500 Futures and Nasdaq 100 Futures fell 0.1%.
In extended deals, PayPal (NASDAQ:PYPL) shed 5.2% after reporting Q1 EPS of $1.17 versus $1.10 expected on revenues of $7.04 billion versus $6.98 billion expected. The company forecasted Q2 2023 EPS in the range of $1.15-$1.17 versus $1.17 expected
Lucid Group Inc (NASDAQ:LCID) dipped 8.7% after reporting Q1 losses of $0.43 versus analyst estimates of $0.39, while revenue was reported at $149.4 million versus $199.35 million expected.
Palantir Technologies Inc (NYSE:PLTR) lifted 22.2% after reporting Q1 EPS of $0.05 versus $0.04 expected, while revenue came in at $525 million versus $505.82 million expected.
Ahead in Tuesday’s trade, investors will be looking towards NFIB small business optimism and speeches from the Fed’s Jefferson and the FOMC’s Williams.
Among earnings, companies scheduled to report include Fox Corp Class A (NASDAQ:FOXA). Nikola Corp (NASDAQ:NKLA) Airbnb Inc (NASDAQ:ABNB) and Rivian Automotive Inc (NASDAQ:RIVN).
On the bond markets, United States 10-Year rates were at 3.507%.
