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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 inflation data set to be released during Wednesday's session.

By 19:15 ET (23:15 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 $6.98B expected. The company forecast 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 $199.35M 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 $525M versus $505.82M 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 (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%.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.