Dow futures steady, Chegg surges 23.9% after earnings By Investing.com

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<p>Investing.com – U.S. stock futures were trading in a tight range during Monday’s evening deals, following a positive session among major benchmark averages as investors parsed corporate earnings results ahead of key inflation data due later in the week.</p>
<p>By 6:50pm ET (10:50pm GMT) , , and were each trading within a range of 0.1%.</p>
<p>In extended deals, Chegg (NYSE:) surged 23.9% after the company Q2 EPS of $0.28, in-line with the analyst estimates of $0.28. Revenue for the quarter came in at $182.85 million versus $176.5 million expected.</p>
<p><span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> Palantir Technologies Inc </span></span> </span></span> (NYSE:) added 2.5% after the company EPS of $0.05, in-line with expectations, while revenues came in at $533 million versus $534.2 million expected.</p>
<p>Lucid Group Inc (NASDAQ:) added 3.7%, Q2 losses of $0.40 per share versus expected losses of $0.35 per share. Revenues came in at $150.9 million versus $191.41 million expected.</p>
<p>Beyond Meat (NASDAQ:) dipped 10.9% after the company Q2 losses of $0.83 per share versus expected losses of $0.84 per share, while Revenue was reported at $102.1 million versus $108.74 million expected.</p>
<p>Ahead in Tuesday’s trade, market participants will be monitoring and ahead of key and data set to be released later in the week.</p>
<p>Among earnings, companies including <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> United Parcel </span></span> </span></span> Service Inc (NYSE:), SoftBank Group Corp (OTC:), <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> Duke Energy </span></span> </span></span> Corporation (NYSE:) and Eli Lilly and Company (NYSE:) are set to report quarterly results.</p>
<p>During Monday’s regular trade, the added 407.5 points or 1.12 to 35,473.1, the lifted 40.4 points or 0.9% to 4,518.4 and the added 85.2 points or 0.6% to 13,994.4.</p>
<p>On the bond markets, rates were at 4.091%.</p>
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<br /><a href="https://www.investing.com/news/stock-market-news/dow-futures-steady-chegg-surges-239-after-earnings-3147467">Source link </a></p><p>The post <a href="https://forextraderhub.com/dow-futures-steady-chegg-surges-23-9-after-earnings-by-investing-com.html">Dow futures steady, Chegg surges 23.9% after earnings By Investing.com</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>