Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Amazon, DraftKings and Dropbox rise premarket; Apple, Airbnb fall

Published 04/08/2023, 13:00
© Reuters.
GOOGL
-
AAPL
-
AMZN
-
TUP
-
FSRN
-
GOOG
-
DBX
-
DKNG
-
ABNB
-
HOOD
-

Investing.com -- U.S. futures steadied Friday, as investors digested some key tech earnings ahead of the release of the widely-watched official monthly jobs report.

Here are some of the biggest premarket U.S. stock movers today:

  • Amazon (NASDAQ:AMZN) stock rose 8.7% after the online retail giant’s results showed signs that both its growth engines, e-commerce and cloud-computing, were faring well in an uncertain economy.

  • Apple (NASDAQ:AAPL) stock fell 2.5% after the iPhone maker warned that it was headed for the fourth straight quarter of declining sales as demand continues to slow for its flagship device, especially in developed markets.

  • Alphabet (NASDAQ:GOOGL) stock rose 0.4% after the parent of Google said it had slashed its stake in Robinhood (NASDAQ:HOOD), up 1.1%, by nearly 90%, days after the trading app said it had turned a profit for the first time as a public company.

  • Airbnb (NASDAQ:ABNB) stock fell 0.5% after the holiday rental firm indicated softening U.S. domestic demand even after it forecast third-quarter revenue above market estimates.

  • DraftKings (NASDAQ:DKNG) stock rose 11.2% after the betting company reported a surprise quarterly profit, and offered up an upbeat full-year sales forecast as new sports-betting customers emerge.

  • Dropbox (NASDAQ:DBX) stock rose 4.9% after the file-hosting service beat expectations with strong second-quarter earnings and sales growth.

  • Fisker (NYSE:FSR) stock rose 2.2% after the EV manufacturer reported a smaller-than-expected quarterly loss and first revenue from deliveries of its electric sport utility vehicles, which helped counter an annual production cut.

  • Tupperware (NYSE:TUP) stock soared 62.8% after the kitchen storage container maker finalized a debt restructuring deal.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.