Dow futures remain steady, eBay, Bumble report earnings

Investing.com - US stock futures were trading higher during Tuesday's evening deals, following a positive session for major benchmark averages as easing yields boosted sentiment, while investors digested a fresh slew of corporate earnings results.

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By 6:35 pm ET (11:35 pm GMT) Dow Jones Futures, S&P 500 Futures and Nasdaq 100 Futures were each trading within a range of 0.1%.

in extended deals, eBay Inc (NASDAQ:EBAY) fell 6.2% after reporting Q3 EPS of $1.03 versus $1.00 expected on revenues of $2.5 billion versus $2.5 billion expected . The company forecasted Q4 2023 EPS in the range of $1.00-$1.05 versus $1.05 expected, with Q4 2023 revenue prediction in the range of $2.47-2.53 billion versus $2.597 billion expected.

Bumble Inc (NASDAQ:BMBL) lost 6.3% after the company reported Q3 EPS of $0.12 versus $0.07 expected, while revenues came in at $275.5 million versus $277.11 million expected.

Robinhood Markets Inc (NASDAQ:HOOD) shed 8.4% after reporting Q3 EPS of $0.02 versus expected losses of $0.10 per share. Revenue was reported at $467 million versus $480.06 million expected.

Upstart Holdings Inc (NASDAQ:UPST) tanked 21.8%, reporting Q3 losses of $0.05 per share versus expected losses of $0.02 per share. Revenue was reported at $135 million versus $139.76 million expected.

Upwork Inc (NASDAQ:UPWK) surged 18.8% after the company reported Q3 EPS of $0.21 versus $0.10 expected on revenues of $175.73 million versus $168.33 million expected.

Gilead Sciences Inc (NASDAQ:GILD) eased 1.5%, reporting Q3 EPS of $2.29 versus $1.91 expected on revenues of $7.1 billion versus $6.81 billion expected.

Ahead in Wednesday's trade, market participants will be watching for wholesale inventories and trade sales data as well as key speeches from Powell, Williams and Barr.

Among earnings, companies including Walt Disney Company (NYSE:DIS), Airbus Group (EPA:AIR) NV (OTC:EADSY), Suncor Energy Inc (NYSE:SU), Warner Bros Discovery Inc (NASDAQ:WBD), Take-Two Interactive Software Inc (NASDAQ:TTWO) and Roblox Corp (NYSE:RBLX) are scheduled to release quarterly results.

During Tuesday's regular trade, the Dow Jones Industrial Average lifted 56.7 points or 0.2% to 34,152.6, the S&P 500 gained 12.4 points or 0.3% to 4,378.4 and the NASDAQ Composite added 121.1 points or 0.9% to 13,639.9.

On the bond markets, United States 10-Year rates held near 4-week lows of 4.575%.