Previous Close | 1.9000 |
Open | 1.9800 |
Bid | 5.2000 |
Ask | 6.1000 |
Strike | 63.00 |
Expire Date | 2024-05-24 |
Day's Range | 1.9000 - 1.9800 |
Contract Range | N/A |
Volume | |
Open Interest | 10 |
E-commerce site Etsy (ETSY) is diving after Wednesday's market close, its stock falling by over 13% after missing first-quarter earnings estimates by an inch. Etsy posted $646 million in revenue — against estimates of $646.3 million for the quarter — and earnings of $0.48 per share — against estimates of $0.49. Market Domination Overtime Anchors Akiko Fujita and Josh Lipton break down the company's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
U.S. stocks were poised for a higher open on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with focus moving to a spate of earnings reports through the day. While Fed Chair Jerome Powell indicated that stubbornly high inflation would see a long-expected U.S. rate cut pushed back, he refused to entertain talk that rates might actually need to go up again. On Wednesday, U.S. stocks initially rose, but the S&P 500 and the Nasdaq closed lower for the day after the Fed decision.
Carvana posts a surprise first-quarter profit, Fastly stock sinks after the company issues guidance well below Wall Street estimates, and Peloton’s CEO is stepping down. Apple is scheduled to report fiscal second-quarter earnings after the closing bell Thursday.