Markets on Wall Street leaned toward small losses early Friday as investors took in more corporate earnings reports, according to the Associated Press. Futures for the S&P 500 and Nasdaq each dipped 0.1% before the bell, while futures for the Dow Jones Industrial Average lost 0.2%.
Airbnb soared 13.8% after its fourth-quarter sales and profit easily beat expectations as the online vacation rental platform saw strong growth in nights stayed.
Video streamer Roku also logged a big gain in premarket — 14% — after it posted a smaller loss than analysts were expecting. The company also beat sales targets as its quarterly platform revenue topped $1 billion for the first time.
Despite posting a wider loss than Wall Street forecast, online betting platform DraftKings rose 5% in premarket. For the first time, DraftKings posted an adjusted full-year profit, while raising its revenue projections for 2025.
In energy trading, benchmark U.S. crude added 63 cents to $71.92 per barrel. Brent crude, the international standard, rose 68 cents to $75.70 per barrel.
In currency trading, the U.S. dollar ticked down to 152.78 Japanese yen from 152.82 yen.
