This comes at a time when volatility is running rampant in the stock market and investors are digesting plenty of data.
ET, the Dow, S&P 500, and Nasdaq futures are trading lower by 0.46%, 0.56%, and 0.68% respectively.
Among the major names popping off in the stock market today would be Funko , sports agent Rich Paul, and the Chernin Group.
He says, “We believe Funko is significantly undervalued in the public markets and at this highly attractive entry price provides a runway of opportunity and growth potential.” Moreover, the firm also believes that there is plenty of room to “drive substantial increases,” in Funko’s performance.
In it, DoorDash is looking at a revenue of $1.46 billion for the quarter, this adds up to a year-over-year increase of 35%.
This would represent a new high in DoorDash’s history and its greatest bump in new customers since the same quarter last year.
To maintain its current momentum, DoorDash is looking to expand into new markets such as grocery, alcohol, and retail deliveries.
In essence, a key focus in Block’s earnings update would be the GPV from its Square payment ecosystem.
To begin with, EPAM is looking at a total revenue of $1.17 billion, beating Wall Street’s expectations of $1.06 billion.
He states, “Our successful track record in adapting the Company to global disruptions gives me confidence that despite the deeply personal impact the war has had on EPAM, we will execute through this near-term challenge, and emerge as a more diverse, more resilient and more relevant global company.” For the current quarter, EPAM is guiding for revenue of $1.14 billion, above Wall Street consensus figures of $1.09 billion.
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