Dow futures steady, AMD sheds 6.5% after earnings By

- U.S. stock futures fell slightly on MT4 platform crmTuesday night, following a negative session among benchmark averages as a continuing financial contagion soured risk appetite ahead of the Federal Reserve’s latest and fresh earnings results.

By 6:45pm ET (10:45pm GMT) were flat while and eased 0.1% apiece.

In extended deals, Advanced Micro Devices Inc (NASDAQ:) fell 6.5% after Q1 EPS of $0.60 versus $0.56 expected on revenues of $5.4 billion versus $5.3 billion expected. Looking ahead, the company forecasted Q2 2023 revenue in the range of $5-5.6 billion versus $5.49 billion expected.

Ford Motor (NYSE:) slipped 1.6% after the company Q1 EPS of $0.63, beating expectations of $0.42, while revenue was reported at $39.1 billion versus $37.4 billion expected.

Sprout Social (NASDAQ:) dipped 17.4%, Q1 EPS of $0.06, beating expecated losses of $0.01 per share, while revenue came in at $75.2 million versus $75.07 million expected.

Starbucks (NASDAQ:) slipped 5.2%, Q2 EPS of $0.74, $0.09 better than the analyst estimate of $0.65. Revenue for the quarter came in at $8.7B versus the consensus estimate of $8.4B.

Ahead in Wednesday's session, market participants will be closely monitoring the of the Federal Reserve's two-day policy meeting and data, as well as the and Markit's readings.

Earnings results from companies including Qualcomm Incorporated (NASDAQ:), CVS Health Corp (NYSE:), (NYSE:) and (NYSE:) will also be closely watched by investors.

During Tuesday's regular session, the fell 367.2 points or 1.1% to 33,684.5, the dipped 48.3 points or 1.2% to 4,119.6 and the dipped 132.1 points or 1.1% to 12,080.5.

Regional banking companies remained in turmoil, with KeyCorp (NYSE:), U.S. Bancorp (NYSE:) and Zions Bancorporation (NASDAQ:) shedding 9.4%, 7% and 10.8%, respectively.

On the bond markets, rates were at 3.433%.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!