5 issues to know earlier than the inventory market opens on Tuesday

Here are the most important news items traders need to start their trading day:

1. Red Stock Futures

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, June 30, 2022.

Brendan McDermid | Reuters

US futures fell on Tuesday, as investors worry about rising geopolitical tensions between Beijing and Washington ahead of House Speaker Nancy Pelosi’s scheduled visit to Taiwan. Treasury yield also slide on Tuesdaywith benchmarks 10-year Treasury bond traded at a low of 2,516%, as investors flocked to the safe level of US government debt. Shares in Mainland China and Hong Kong also on Tuesday, and saddle, considered a safe-haven coin, further strengthened. On Monday, Wall Street’s main stock indexes ended in the red, breaking a three-day losing streak.

2. Chinese fighter planes are said to fly near the dividing line of the Taiwan Strait

Image of House Speaker Nancy Pelosi holding her weekly press conference on Capitol Hill on Friday, July 29, 2022 in Washington, DC. US House of Representatives Speaker Nancy Pelosi is expected to arrive in Taipei late Tuesday, several sources told Reuters.

Kent Nishimura | Los Angeles Times | beautiful pictures

Chinese fighter aircraft flying near the dividing line in the Taiwan Strait, Reuters reported on Tuesday citing a source. Beijing has warned Pelosi against visiting Taiwan, an autonomous island that China claims as its territory. Pelosi is on a regional tour, but her scheduled visit to Taiwan has yet to be officially announced. Tensions between China and Taiwan in progress In recent years.

3. Uber reports another big loss, but shares soar

Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019.

Philip Pacheco | AFP via Getty Images

Shares of Uber Technologies spiked on Tuesday after the ride-hailing and food delivery company reported quarterly revenue better than expected. According to Refinitiv, Uber’s second-quarter revenue reached $8.07 billion, far exceeding the $7.39 billion expected by analysts. However, Uber posted a net loss of $2.6 billion for the quarter, including a $1.7 billion loss related to the revaluation of investments in Grab Aurora and Zomato. Operating losses for the quarter ended June 30 totaled $713 million, but the company reported positive free cash flow of $382 million. In May, CEO Dara Khosrowshahi told employees in a memo that cash flow positivity is becoming an important short-term goal.

4. Oil companies raise dividends

A BP logo is pictured in London on May 12, 2021. The International Energy Agency recently reported that 2021 sees energy-related carbon dioxide emissions rise to their highest levels in history.

Glyn Kirk | Afp | beautiful pictures

British oil giant BP and U.S. shale producer Devon Energy reported strong quarterly profits and increased dividend payouts, as rising crude prices this year have helped companies ramp up their payback programs. BP, on Tuesday announced second-quarter profit of $8.5 billion, raised its quarterly dividend 10% to 6,006 cents per common share. Devon Energy, filed on Monday Q2 results better than expected in the top and bottom lines, announced a 22% increase in dividend payout. Using a variable-plus fixed-dividend strategy, Devon’s quarterly payout now stands at $1.55 per share, up from $1.27.

5. Pinterest Jump; active company says it’s the top shareholder

A banner for the online photo board Pinterest Inc. hung from the New York Stock Exchange (NYSE) on the morning that Pinterest went public on April 18, 2019 in New York City.

Spencer Platt | Getty Images News | beautiful pictures

Pinterest stock jumped about 18% in pre-market trading on Tuesday, a day after the social media company’s quarterly earnings and revenue fell short of Wall Street forecasts and the current quarter guidance was weaker than expected. While Pinterest’s drop in monthly active users isn’t as bad as feared, the company’s results still suggest a challenging operating environment for the current social network’s name. PinterestStocks may react to news that activist investor Elliott Management on Monday revealed it was the company’s largest shareholdertouts the “value creation opportunity” it sees.

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