U.S. stock futures decline as Estée Lauder and other major companies report sharp losses

U.S. stock futures fell about 0.5% on Thursday morning. Estée Lauder's shares dropped 17% to $72.30 after the company withdrew its FY25 guidance, citing uncertainties in China and leadership changes. Other notable declines included Aurora Innovation, down 15.3% to $5.62, and Roku, which fell 15.2% to $65.55 after disappointing quarterly results. Robinhood's shares decreased 10.8% to $25.15 following lower-than-expected sales, while eBay dropped 8.9% to $57.05 after issuing weak revenue guidance for FY24.