Earnings, earnings and more earnings.,
Qualcomm Inc (NASDAQ:QCOM) shares shed 1.10% to US$67.50 before the New York bell as its profit and revenue beat expectations.
It comes as demand reportedly grew for its computer chips for smartphones and cars.
But an earnings forecast for the current quarter fell below analysts’ estimates due to China sales.
In New York futures trade, the picture is mixed, with only the SA&P 500 seen starting positively.
Alibaba (NASDAQ:BABA) , then China focused e-commerce firm reported before the bell.
Shares plunged 3.42% in pre-market in New York as it reported better-than-expected revenue for the holiday quarter but delivered an earnings miss.
Elsewhere, Mastercard Inc (NYSE:MA) added 0.56% to US$169.95 as analysts expect it to report quarterly earnings at $1.12 per share on revenue of $3.26 billion before the bell.
JUST IN: Mastercard fourth quarter revenue climbs 20 percent $MA pic.twitter.com/ERsIU7XxTh
— Reuters Business (@ReutersBiz) 1 February 2018
DowDuPont Inc (NYSE:DWDP) is down 0.715 in pre-market at US$75.04 as it is expected to report quarterly earnings at US$0.66 per share on revenue of US$19.53bn before the opening bell.