- Weekly Jobless Claims came in higher than expected with 419k filing for unemployment (highest since May) and higher than 350k expected and 368k from last week.
- AT&T (T) up pre-market after reporting better than expected earnings with more wireless subscribers than expected, helping by 5G.
- CSX Corporation (CSC) up 3.0%+ pre-market after Q2 profits doubled.
- Texas Instruments (TXN) down -4.0%+ after reporting an earnings beat but warning of a drop in the third quarter because of concerns over inventories and manufacturing capacity.
- DR Horton (DHI) down -4.0%+ in spite of better than expected earnings of $3.06EPS vs a 2.81 est. Homebuilder also raised 2021 revenue guidance.
- Southwest (LUV) down more than 2.0% pre-market after reporting a bigger loss than expected (0.25 loss vs. 0.23 est). Rev beat and airline expects to remain profitable for the rest of the year.
- American Airlines (AAL) snapped 5 quarters of losses by posting a profit. The profit comes after some help from federal aid and travel demand. But sales still down 35% from Q2 2019.
- Crocs (CROX) up 8.0% after a big earnings beat. Reporting $2.23EPS vs. $1.60 est and a rev beat with strong demand around the globe.
- Las Vegas Sands (LVS) reported an earnings loss of 0.26EPS vs. the 0.16 loss expected. The company expects the rebound in travel and tourism to continue.
- Today after the bell we get earnings from INTC, TWTR, SNAP.