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Twitter, Texas Instruments, Intel, Las Vegas Sands: What to Watch When the Stock Market Opens Today

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Maggie MacNeil wins Canada’s first gold medal at Tokyo Olympics in 100m butterfly

The silver medal went to China's Zhang Yufei and the bronze to Australia's Emma McKeon. 

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By Mitch Phillips Reuters Posted July 25, 2021 7:56 pm Smaller font Descrease article font size -A Larger font Increase article font size A+

Futures are wavering after weekly jobless claims came in higher than expected. Here’s what we’re watching ahead of Thursday’s open.

  • Texas Instruments

    TXN 3.45%

    delivered Texas-sized revenue growth and a profit jump in the recent quarter, but its outlook failed to beat expectations. Its shares were down 4.4% premarket.

A Texas Instruments office in San Diego, Calif., April 24, 2018.



Photo:

mike blake/Reuters

  • So much for internet routers.

    Netgear

    NTGR 0.62%

    shares plunged 16% premarket after its third-quarter guidance fell short of expectations and second-quarter revenue came in near the lower end of its expectations.

  • Shares of both

    American Airlines

    AAL 4.09%

    and

    Southwest Airlines

    LUV 3.31%

    are losing altitude, even though they said the recent travel recovery has been a boon as they work to restore operations after the Covid-19 pandemic crushed the industry last year. Southwest dropped 2.1% and American shed 1.6%.

  • AT&T

    T -0.04%

    was up 0.9% after it delivered an earnings beat and lifted its revenue forecasts on growth of new wireless subscribers.

  • Blackstone

    BX 1.88%

    added 1.2% after the private-equity firm’s earnings jumped in the second quarter, propelled by record appreciation in the value of its investments.

  • Railway operator

    CSX

    CSX 1.25%

    jumped 3.8% premarket after it said profit more than doubled in the second quarter.

  • Las Vegas Sands

    LVS 3.43%

    said losses narrowed in the second quarter as revenue recovered from last year’s more restrictive measures to limit the spread of Covid-19, but market players are still taking their bets off the table. Its shares were down 3%.

  • Airbnb

    ABNB 2.32%

    shares are up 1.1% premarket. CEO

    Brian Chesky

    told Barrons that he sees the “travel rebound of the century,” even as Covid-19 cases jump.

  • Uber

    said its trucking division will acquire logistics company Transplace in a deal that values the target at around $2.3 billion. Uber shares slipped 0.6% premarket.

  • Equifax

    EFX -0.60%

    raised its projections for the year as it sees broad-based revenue growth across all its segments. Market watchers greeted the news with a yawn: Shares were flat premarket.

  • Intel,

    INTC 1.79%

    Twitter

    TWTR 2.36%

    and

    Snap

    SNAP 1.70%

    are set to report earnings after markets close. In Intel’s case, an earnings drop could be in the cards amid a global chip shortage.

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Latest article

Maggie MacNeil wins Canada’s first gold medal at Tokyo Olympics in 100m butterfly

The silver medal went to China's Zhang Yufei and the bronze to Australia's Emma McKeon. 

Alberta family cheers as Olympian who recovered from childhood brain injury heads to rowing finals

Support is rolling in for a 32-year-old Alberta rower who advanced to the Olympic finals this weekend and overcame serious injuries that included two...

Norway secures gold in men’s Olympic triathlon – National

By Mitch Phillips Reuters Posted July 25, 2021 7:56 pm Smaller font Descrease article font size -A Larger font Increase article font size A+