U.S. stock futures were steady Friday, one day after a sharp sell-off was prompted by hot inflation and Fed rate hike concerns.
over concerns the clinical trial was conducted solely in China in participants that weren't as diverse as the U.S. population. added 1.2% in premarket trading after reporting better-than-expected profit and revenue. it also issued an upbeat profit forecast. The company behind brands like Mr. Coffee, Crock-Pot and Sunbeam earned an adjusted 42 cents per share for its latest quarter, 10 cents above estimates. earned an adjusted $1.
06 per share for its latest quarter, beating the 69-cent consensus estimate, though the travel services company's revenue was just shy of analyst forecasts. Expedia said the Covid-related impact on travel bookings was significant, but less severe and for a shorter duration than prior Covid waves. Expedia rallied 4.6% in premarket trading. eported better-than-expected cannabis sales during its latest quarter, the first time it's been able to exceed analyst estimates in more than a year.
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