Stock futures pointed to a mixed start for Wall Street Thursday as investors again were focused on commentary about interest rates from global central bankers.
Shares of Netflix , Warner Bros. Discovery , and Paramount Global traded higher after striking Hollywood actors reached a tentative agreement with the major studios and streaming companies. Union members are expected to vote in the coming days to ratify the three-year deal. Warner Bros was rising 3.2% following a tumble of 19% in the previous session after reporting a wider-than-expected quarterly loss, largely because of the Hollywood strikes.
Applovin ‘s third-quarter earnings of 30 cents a share beat projections of 27 cents as revenue jumped to $864 million from $713 million a year earlier. Shares of Applovin, which makes software that helps its customers increase sales with artificial intelligence, were rising 16%. Lyft reported third-quarter adjusted profit of 24 cents a share, beating Wall Street estimates of 15 cents, and the ride-hailing company said it expected fourth-quarter sales to grow “mid-single-digits quarter over quarter,” higher than Wall Street forecasts. The stock, however, fell 1.4%.
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