Wall Street futures rise as SpaceX gains, Netflix drops

bostonherald.com —

U.S. stock futures were mostly higher Wednesday as Wall Street digested earnings from SpaceX and Netflix, with S&P 500 futures up 0.2% and Nasdaq futures climbing 0.4%. SpaceX shares jumped over 8% premarket after reporting a larger-than-expected quarterly profit, driven by growth in satellite communications and AI businesses. Netflix fell over 6% after lowering its ad sales guidance, despite posting a third-quarter profit above expectations. Oil prices rose, with Brent crude up 1.3% to $110.21 per barrel amid Iran war risks and Strait of Hormuz transit concerns. Investors await earnings from Meta and Tesla on Wednesday.


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Wall Street futures rise as SpaceX gains, Netflix drops | News Minimalist