Stocks Advance with Earnings In Focus

Benchmark indexes extended gains for the second day as investors focused on the fresh of corporate results and looked beyond the war words between the U.S, and China amid the rising military tensions.

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Uber Mobility and Delivery Segments Revenues Surge

Uber Technologies said second quarter revenues surged as mobility demand picked up around the world. The ride-hailing company took a large charge linked to its investment in Indonesia, India, and in self-driving technology company.

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ZoomInfo Lifts Annual Revenue Guidance

ZoomInfo reported second quarter sales rose 54% and the business information provider revised higher its full-year revenues and adjusted earnings outlook.

ZI

Simon Property Reported Flat Revenue Growth and Hiked Dividend

Simon Property Group said second quarter revenue growth was flat and net income fell less than feared as the mall occupancy levels rose across the nation.

Avis Budget Net Income Soars On Travel Rebound

Avis Budget reported a sharp jump in its latest quarterly earnings and revenues as the rental car company expanded its fleet of available vehicles.

CAR

Global Markets On Edge After U.S. China Tensions Rise

Global financial markets trended lower and bond yields rose after political tensions rose between the U.S. and China and the broadening of supply chain disruptions for advanced technology products.

U.S. Stocks Waver and Job Openings Dip to 9-month Low

The S&P 500 and the Nasdaq indexes rebounded from morning losses after investors reviews the latest batch of earnings. The advertised job opening for workers fell to the lowest in June, a nine-month low.

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Stocks Turn Lower In Choppy Session

Benchmark indexes struggled and the yield on the 10-year U.S. treasury notes dropped to a four-month low. European markets closed mixed after manufacturing activities shrank to a 25-month low.

Movers: Boeing, Check Point Software, Jacobs Engineering, PerkinElmer, Global Payments, Nio

Boeing jumped on the expectations that the jet maker will resume deliveries of 787 Dreamliner soon. PerkinElmer agreed to sell its non-core assets. Global Payments reinforced its annual outlook. Chinese electric vehicle makers reported rising shipments in July.

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U.S. Stocks Lack Direction, Oil Drops 4%

U.S. stocks struggled and manufacturing activities expanded for the 26th month in a row in July. Crude oil prices dropped. Investors await earnings from 1,200 companies this week.

3-day Rally Lifts S&P 500, Nasdaq to Best Monthly Gains in Two Years

Investors looked beyond rate hike worries and economic slowdown and the latest data confirmed 4-decade high inflation last month. Exxon and Chevron posted record quarterly profits.

S&P 500 and Nasdaq Set for Best Month In Two Years

Stocks extended rally on Wall Street and popular indexes are set to extend and weekly gains. The latest batch of earnings provided an additional impetus to the market advance despite a measure of inflation reaching a four-decade high in June.

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Stocks Extend Rally On Wall Street, Amazon Reports a Loss, Apple Net Falls 11%

Benchmark indexes rallied for the second day in a row after investors looked beyond the latest GDP data. Intel posted a second quarter loss. Apple earnings fell 11% and the iPhone remains popular with customers. Amazon reported its second quarterly loss in a row.

Teladoc's Livongo Acquisition Impairment Charges Approach $10 Billion

Teladoc, the virtual healthcare services provider, took another hefty charge linked to its large acquisition only two years ago and also lowered its quarterly and annual outlook.

TDOC

U.S. Stocks Turn Lower as Economy Falters

Stocks rebounded from earlier losses after the second quarter GDP declined but at a slower pace. The second quarterly decline raised the prospect of a recession despite the strength in labor market and stable consumer spending.  

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