Amazon, DraftKings and Dropbox rise premarket; Apple, Airbnb fall

August 4, 2023 8:15 AM EDT -- U.S. futures steadied Friday, as investors digested some key tech earnings ahead of the release of the widely-watched official monthly jobs report.

Here are some of the biggest premarket U.S. stock movers today:

  • Amazon (NASDAQ: AMZN) stock rose 8.7% after the online retail giant’s results showed signs that both its growth engines, e-commerce and cloud-computing, were faring well in an uncertain economy.

  • Apple (NASDAQ: AAPL) stock fell 2.5% after the iPhone maker warned that it was headed for the fourth straight quarter of declining sales as demand continues to slow for its flagship device, especially in developed markets.

  • Alphabet (NASDAQ: GOOGL) stock rose 0.4% after the parent of Google said it had slashed its stake in Robinhood (NASDAQ: HOOD), up 1.1%, by nearly 90%, days after the trading app said it had turned a profit for the first time as a public company.

  • Airbnb (NASDAQ: ABNB) stock fell 0.5% after the holiday rental firm indicated softening U.S. domestic demand even after it forecast third-quarter revenue above market estimates.

  • DraftKings (NASDAQ: DKNG) stock rose 11.2% after the betting company reported a surprise quarterly profit, and offered up an upbeat full-year sales forecast as new sports-betting customers emerge.

  • Dropbox (NASDAQ: DBX) stock rose 4.9% after the file-hosting service beat expectations with strong second-quarter earnings and sales growth.

  • Fisker (NYSE: FSR) stock rose 2.2% after the EV manufacturer reported a smaller-than-expected quarterly loss and first revenue from deliveries of its electric sport utility vehicles, which helped counter an annual production cut.

  • Tupperware (NYSE: TUP) stock soared 62.8% after the kitchen storage container maker finalized a debt restructuring deal.

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