Analysts expected earnings of $1.11 per share on revenue of $18.24 billion. The chipmaker had adjusted earnings of $1.71 per share in the third quarter and revenue of $18.09 billion. Intel (NASDAQ: INTC), on the other hand, reported upbeat earnings, but provided a weaker-than-anticipated gross margins and earnings forecast. The Snapchat-parent said late Thursday third-quarter revenue grew 57% to $1.07 billion, while adjusted earnings came in at 17 per share.Īnalysts polled by Refinitiv expected the social media company to report revenue of $1.10 billion and adjusted earnings of 8 cents per share.Īs of writing, Snap stock was indicated $15.28, or 20.34% to $59.83 per share. Meanwhile, Snap (NYSE: SNAP) shares plunged in the pre-market trading session Friday after the company fell short of analysts’ revenue estimates by $3 million. Snap, Intel tumble after reporting earnings The S&P 500 jumped 0.3% to finish at 4,549.78, notching its seventh straight while the tech-heavy Nasdaq added 0.6% to 15,215.70. On Thursday, the Dow shed less than 0.1%, to end the session at 35,603.08 below its all-time high set on Aug. Nasdaq 100 futures lost 50.75 points, or 0.33% to 15,428 while S&P 500 futures were flat. ET, futures tied to the Dow Jones rose 18 points to 35,498. economy and for more hints on how the Fed plans to scale back its colossal stimulus program.Īs of 4:55 a.m. Traders will be following the speech keenly to know Powell’s view on the state of the U.S. stock futures were muted early Friday, as Wall Street eyed digested a slew of earnings reports and watched Federal Reserve Chairman Jerome Powell who is scheduled to give a speech at a policy panel discussion later in the day. Although TradeStation submitted a permit application according to section 49a to the Israeli Securities Authority, the Israel Securities Authority has not yet granted TradeStation with a permit in accordance with section 49A to the Securities Law (1968).U.S. TradeStation's activity is not subject to the supervision of the Israel Securities Authority. We list educational workshops designed to demonstrate what we believe are the valuable benefits of using the TradeStation platform but do not endorse materials presented by third parties. TradeStation International Ltd is not a party to any agreement that you may enter into with Interactive Brokers (U.K) Ltd or TradeStation Securities, Inc. Depending on the choice of account, the provision of brokerage and trading services to you is offered by TradeStation Securities, Inc, or Interactive Brokers (U.K) Ltd by means of the TradeStation Platform (or otherwise) and on such terms as you may agree with the respective broker-dealer. TradeStation®, EasyLanguage® and the other company trademarks in the TradeStation Platform are owned by TradeStation Technologies, Inc., a technology research and development company affiliated with TradeStation International Ltd. Bitcoin futures, options and CFDs are leveraged products and can result in losses that exceed deposits therefore, you should not invest or risk money that you cannot afford to lose. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. TradeStation International Ltd does not provide investment advice, trading advice, recommendations or strategic advice in respect of any security, group of securities, market segment or market. At present, the TradeStation Global product is not available to EU residents. Any reference on this Web site to TradeStation and its affiliated companies should not be construed as an offer or solicitation, directed to residents in jurisdictions where TradeStation or Interactive Brokers, by and through any of its affiliates, is not registered to do business.
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