Nasdaq futures slide as Tesla and Netflix results damp earnings optimism

Nasdaq futures were underperforming early Thursday, after results from Tesla and Netflix were not very well received by traders.

How are stock-index futures trading On Wednesday, the Dow Jones Industrial Average DJIA rose 109 points, or 0.31%, to 35061, the S&P 500 SPX increased 11 points, or 0.24%, to 4566, and the Nasdaq Composite COMP gained 4 points, or 0.03%, to 14358. Helping drive those gains were Tesla TSLA , up 136% so far in 2023, to sport a price-to-projected 2023 earnings ratio of 86, and Netflix NFLX , up 62% and a P/E ratio of 42, according to FactSet.

Susannah Streeter, head of money and markets at Hargreaves Lansdown, said that both could be vulnerable to a deterioration in household sentiment.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Tesla earnings: What to expect from the Cybertruck makerTesla earnings arrive Wednesday amid a rally for Tesla stock and Cybertruck's arrival.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Tesla’s Elon Musk says his new company xAI will ‘enhance’ Tesla valueTesla Inc. Chief Executive Elon Musk said that his new venture, a startup focusing on artificial intelligence, will not compete with the EV maker but instead...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »