"Market Volatility: Earnings Reports, Interest Rates, and Boeing 737 Max Delays Impact Stock Futures"

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Source: CNBC
"Market Volatility: Earnings Reports, Interest Rates, and Boeing 737 Max Delays Impact Stock Futures"
Photo: CNBC
TL;DR Summary

Stock futures were little changed as investors analyzed quarterly results, with Snap shares dropping over 31% after missing revenue estimates, while Ford gained over 6% on beating estimates and announcing a special dividend. Hong Kong-listed China EV stocks rose after Beijing's plan to boost the sector's growth, while SMIC, China's biggest chipmaker, warned of persistent challenges in 2024. Kakaobank shares jumped as Q4 profit rose and customer base grew, and Australian energy firm Santos was the biggest loser on the ASX after merger talks with Woodside ended. ESPN, Warner Bros. Discovery, and Fox plan to launch a joint sports streaming service later this year.

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