stock futures dropped Friday despite Amazon shares rising roughly 2% in the premarket a day after the e-commerce and cloud giant reported blowout quarterly results.
The Dow Jones Industrial Average saw similar gains but remained fractionally below its record close of earlier this month.
Revenue of $108.52 billion for the first quarter also beat forecasts, with the company showing strength in all its business lines.
Twitter late Thursday warned of rising expenses and a possible slowdown in user growth, sending shares almost 14% lower in premarket trading.
The European Commission, the EU’s executive arm, opened an antitrust investigation into the App Store last year, after the music streaming platform Spotify complained in 2019 about Apple’s license agreements.
Chevron’s earnings sank on winter storm production losses, weaker margins and the absence of asset and tax items that benefited year-earlier profit.
Energy rival Exxon on Friday posted its first profit, $2.7 billion, in five quarters, as higher oil and gas prices offset costs from a deep freeze in February.
Disneyland in California reopens to visitors Friday after an unprecedented 13-month closure in what tourism officials hope is a sign of the state’s rebound from the pandemic.