Updated July 22, 2021 7:29 am ET
Futures are rising, suggesting an extension of the rally on Wall Street for a third day. We’ll see that before the opening on Thursday.
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Texas Instruments TXN 3.45%
posted Texas-sized sales growth and earnings surge last quarter, but the outlook was below expectations. The shares lost 4.7% before the IPO.
A Texas Instruments office in San Diego, California, April 24, 2018.
Photo:
Mike Blake / Reuters
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Southwest Airlines LUV 3.31%
Shares dropped after the airline relied on government relief under its Payroll Support program to generate a profit in the second quarter. The stock lost 1.2% before the bell.
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AT&T T -0.04%
rose 1.9% after the company posted higher earnings and raised its revenue forecast for new cellular subscriber growth.
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Blackstone BX 1.88%
rose 1.2% after the private equity firm’s earnings skyrocketed in the second quarter, driven by a record increase in its investments.
- Railway operator CSX CSX 1.25%
pre-trading increased 3.3% after earnings more than doubled in the second quarter.
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Las Vegas Sands LVS 3.43%
Losses receded in the second quarter as revenues rebounded from last year’s more restrictive measures to limit the spread of Covid-19, but market participants are still taking their bets off the table. The shares lost 2.2%.
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Airbnb ABNB 2.32%
Stocks rose 1.5% before the IPO. CEO Brian Chesky told Barrons that he sees the “travel recovery of the century” even as Covid-19 cases skyrocket.
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Equifax EFX -0.60%
increased its guidance for the year as the company sees broad-based revenue growth across all segments. Market watchers greeted the news with a yawn: the shares were unchanged before the trading day.
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Intel,
INTC 1.79%
Twitter TWTR 2.36%
and Snap SNAP 1.70%
are expected to show profits after the market closes. In the case of Intel, a drop in profits could be in sight given a global chip shortage.
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