Tech-focused Nasdaq 100 futures (US100:IND) slipped -0.3% after hours on Thursday, despite a post-earnings climb in tech giants Apple (AAPL) and Amazon (AMZN), as sentiment remained muted from the regular trading session.
Benchmark S&P 500 futures (SPX) were -0.4%, while Dow futures (INDU) were -0.1%.
Shares of Amazon (AMZN) popped +13.2% postmarket as the retail and tech behemoth sailed past Q3 estimates for net sales, profit, and subscription revenues. Its Amazon Web Services unit logged a 20% rise in quarterly revenue.
Meanwhile, Apple (AAPL) gained +3.6%, as positive guidance overshadowed a quarterly revenue miss for iPhones and China. Top boss Tim Cook on CNBC issued a strong sales outlook for AAPL’s fiscal first quarter, adding that China should return to growth.
Other notable movers after hours include:
- Western Digital (WDC) jumped +9.7% after the data storage company comfortably beat quarterly estimates and upped its dividend.
- Twilio (TWLO) added +9.3% after the cloud communications developer raised its full-year forecasts for revenue, profitability, and free cash flow.
- Class A shares of Cloudflare (NET) advanced +8.1%, after the content delivery network and cloud security platform projected current quarter revenue that was easily above estimates.
- DexCom (DXCM) slumped -14%, despite the medical device maker delivering a beat-and-raise quarter. It should be noted that the stock has been under pressure since Tuesday amid the release of a short report from Hunterbrook.
- Class A shares of Roku (ROKU) declined -6.8% after the streaming device seller announced a mixed quarterly report and a tepid forecast.
Wall Street had earlier closed lower after Meta Platforms (META) and Microsoft’s (MSFT) earnings failed to impress investors, which kept a lid on markets throughout the session. Here are some exchange-traded funds that track the benchmark S&P 500 index (SP500): (SPY), (VOO), (IVV), (RSP), (SSO), (UPRO), (SH), (SDS), and (SPXU).