Dow futures little changed, PayPal sheds 5.2% after earnings

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 set to be released during Wednesday’s session.

By 19:15 ET (23:15 GMT), were flat, while and fell 0.1%.

In extended deals, PayPal (NASDAQ:) shed 5.2% after Q1 EPS of $1.17 versus $1.10 expected on revenues of $7.04 billion versus $6.98B expected. The company forecast Q2 2023 EPS in the range of $1.15-$1.17 versus $1.17 expected

Lucid Group Inc (NASDAQ:) dipped 8.7% after Q1 losses of $0.43 versus analyst estimates of $0.39, while revenue was reported at $149.4 million versus $199.35M expected.

Palantir Technologies Inc (NYSE:) lifted 22.2% after Q1 EPS of $0.05 versus $0.04 expected, while revenue came in at $525M versus $505.82M expected.

Ahead in Tuesday’s trade, investors will be looking towards and speeches from the Fed’s and the FOMC’s .

Among earnings, companies scheduled to report include Fox Corp (NASDAQ:), Nikola Corp (NASDAQ:), Airbnb Inc (NASDAQ:), and Rivian Automotive Inc (NASDAQ:).

On the bond markets, rates were at 3.507%.