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U.S. index futures point to a higher open in pre-market trading on Friday, with investors preparing for the Federal Reserve’s preferred inflation report. Despite pre-market optimism, the week promises to be negative, with the S&P 500 and Nasdaq facing sharp losses due to sell-offs in big tech and a shift to smaller companies and cyclical…

Dexcom (NASDAQ:DXCM) – The continuous glucose monitor company reported second-quarter revenue of $1 billion, below the estimate of $1.04 billion, according to LSEG. Adjusted earnings per share of 43 cents were better than the estimated 39 cents. However, Dexcom issued a reduced annual revenue forecast of $4 billion to $4.05 billion. Dexcom shares plummeted 36.90%…

ETF and cryptocurrency movements On the second trading day, Ethereum ETFs displayed mixed results: Fidelity’s ETF (AMEX:FETH) led with $74.5 million in inflows, followed by Grayscale Ethereum Mini Trust ETH (AMEX:ETH) with $45.9 million. Grayscale Ethereum Trust ETH (AMEX:ETHE) saw a significant withdrawal of $326.9 million. Overall, the net change was a loss of $133.3…

The major U.S. index futures are currently pointing to a modestly lower open on Thursday, with stocks likely to see further downside following the sell-off seen in the previous session. After ending Tuesday’s choppy trading session modestly lower, stocks showed a more substantial move to the downside during trading on Wednesday. The tech-heavy Nasdaq showed…

U.S. index futures are mixed in pre-market trading on Thursday following a sharp tech sector sell-off the previous day. At 5:17 AM, Dow Jones futures (DOWI:DJI) rose 85 points, or 0.21%. S&P 500 futures lost 0.01%, and Nasdaq-100 futures fell 0.10%. The 10-year Treasury yield stood at 4.228%. In commodities, West Texas Intermediate crude for…

Ford Motor (NYSE:F) – The global automaker reported adjusted earnings per share of $0.47 in the second quarter, below the $0.67 expected, impacted by ongoing warranty issues. Revenue increased 6.2% to $47.8 billion, exceeding expectations. Warranty costs rose by $800 million due to quality problems, affecting financial performance. EBIT profit forecast for 2024 remains between…