Company results are multiplying, With AT&T, Texas Instruments, American Airlines, and many others. Netflix is talking about mobile video games again, while Tesla is back on the bitcoin bandwagon.
AT&Tgained 1.1% in pre-market trading after reporting better-than-expected mobile subscriber additions in the second quarter, buoyed by more Americans switching to 5G phones, raising its full-year growth forecast. The company announced Wednesday that it will sell its Vrio TV service in Latin America to Argentina's Grupo Werthein for an unspecified amount, after taking a $4.6 billion impairment charge on the business.
Texas Instruments, which reported second-quarter results on Wednesday, fell 5% in premarket trading after a third-quarter revenue forecast was deemed disappointing.
American Airlineson Thursday reported better-than-expected quarterly revenue on the back of a recovery in travel demand.
Southwest Airlinescut its second-quarter losses as bookings pick up, the airline said Thursday.
Biogenon Thursday reported a 70.9% drop in quarterly profit as its flagship multiple sclerosis drug Tecfidera caught up with competitors.
Abbott Laboratoriesreported that its quarterly profit more than doubled on strength in its diagnostics business and a rebound in medical device sales.
Blackstone- The world's private equity group said Thursday that its second-quarter profit nearly doubled year-over-year on higher asset sales.
Chinese regulators are considering tough sanctions against DIDI after its New York IPO, Bloomberg News reported Thursday. The Chinese VTC giant is down 3 percent in pre-market trading.
D.R. Hortonposted a 77% increase in quarterly profit, benefiting from record real estate prices as demand outstripped supply.
Dow reported Thursday that its second-quarter profit doubled on higher prices for its chemicals amid strong consumer and industrial demand. The stock gained 1.3% in premarket trading.
New twist in the Tesla/bitcoin saga - the company will "most likely" start accepting bitcoin payments again.
BHP signs a supply deal to provide Tesla with nickel. Altice's online advertising subsidiary
Teadsis targeting a $5 billion valuation for its Nasdaq IPO.
Netflix wants to try its luck in mobile video games.