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Stock futures show little movement after S&P 500 and Dow drop from all-time highs: Live updates

Stock futures show little movement after S&P 500 and Dow drop from all-time highs: Live updates
February 6, 2024



Just 5 hours ago, some companies experienced significant stock movement after market closing:Palantir Technologies- The company saw a 19.5% increase in its shares following a revenue beat in the fourth quarter. Its revenue amounted to $608.4 million, surpassing the $602.4 million forecast by analysts. The firm also reported adjusted earnings of 8 cents per share, meeting analysts’ expectations. CEO Alex Karp emphasized the growth in the company’s artificial intelligence platform.NXP Semiconductors- This chipmaker’s stock rose over 3% after announcing stronger-than-expected fourth-quarter results. NXP revealed adjusted earnings of $3.71 per share, exceeding estimates by 8 cents according to analysts polled by LSEG. The company’s revenue of $3.42 billion also surpassed analysts’ forecasts of $3.40 billion.Chegg- After providing lighter-than-expected revenue guidance for the first quarter, the company’s stock declined by 1%. However, Chegg posted adjusted earnings per share that were in line with analysts’ expectations and achieved a revenue beat in the fourth quarter, according to LSEG.You can find the complete list here.— Hakyung Kim
Only 5 hours ago, stock futures displayed minimal change as the U.S. stock futures opened near the flatline on Monday. Futures linked to the Dow Jones Industrial Average decreased by 14 points, or 0.04%. S&P 500 futures marginally decreased by 0.03%, while Nasdaq 100 futures increased by 0.05%.— Hakyung Kim

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