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Investors Digest Earnings, Driving Premarket Losses for US Equity Futures
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Investors Digest Earnings, Driving Premarket Losses for US Equity Futures
Nov 4, 2025 6:32 AM

09:02 AM EST, 11/04/2025 (MT Newswires) -- US equity futures were down ahead of Tuesday's opening bell as traders digested a fresh batch of corporate earnings.

Dow Jones Industrial Average futures were down 0.6%, S&P 500 futures were 1.1% lower, and Nasdaq futures were down 1.5%.

Shopify ( SHOP ) reported lower Q3 earnings amid higher revenue, while Uber Technologies ( UBER ) posted stronger Q3 financial results. Advanced Micro Devices ( AMD ) is scheduled to release quarterly earnings after the closing bell.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 1.5% at $63.95 per barrel and US West Texas Intermediate crude 1.6% lower at $60.05 per barrel.

The federal agency bulletins on trade deficit, factory orders and job openings are expected to be suspended.

In other world markets, Japan's Nikkei closed 1.7% lower, Hong Kong's Hang Seng ended 0.8% lower, and China's Shanghai Composite finished 0.4% lower. Meanwhile, the UK's FTSE 100 was down 0.5%, and Germany's DAX index was down 1.2% in Europe's early afternoon session.

In equities, Shopify ( SHOP ) shares were 4.5% lower. Uber ( UBER ) stock was down 8%. Sarepta Therapeutics ( SRPT ) shares were 34% lower after the company reported late Monday it swung to a Q3 adjusted loss amid lower revenue. Navitas Semiconductor ( NVTS ) shares were 18% lower, a day after the company reported lower Q3 revenue.

On the winning side, Denny's (DENN) stock was up 50% after the company said late Monday it agreed to a $620 million takeover by a group of investors. Evoke Pharma ( EVOK ) shares were 132% higher after the company agreed to be acquired by QOL Medical for $11 per share in cash. Upwork ( UPWK ) stock was up 19%, a day after the company reported higher Q3 non-GAAP earnings and revenue in addition to raising its 2025 guidance.

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