Alibaba expected to report earnings at $1.95/share on $34.26B revenue. Autodesk raises full-year guidance.
US stock futures are down this morning, and investors are eyeing key stocks. Alibaba Group Holding Ltd. (NYSE: BABA) is expected to announce earnings of $1.95 per share on revenue of $34.26 billion. After hours, Alibaba shares climbed 0.5% to $120.20. Autodesk Inc. (NASDAQ: ADSK) surpassed expectations in its second-quarter financial results. The company raised its full-year guidance from $6.92-$7 billion to $7.03-$7.08 billion, against a $6.97 billion estimate. For more details, visit Benzinga.com.
