Wall Street is looking at a slate of after-market earnings from Facebook, PayPal, Qualcomm and Ford with mixed favor, and another slew of corporate earnings are due today. Here’s what we’re watching before the action starts.
Shares of PayPal Holdings tumbled 5.5% ahead of the market open. The digital payments company topped profit expectations for its latest quarter, but it delivered a lower-than-expected outlook for the current quarter.and raised its earnings outlook for the year, saying it sees an easing to the computer-chip shortage that has hampered vehicle output for months. Its shares climbed 4.2% premarket.
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