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Dow futures Rise, Tesla up 4% After Earnings -Breaking

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© Reuters.

Oliver Gray 

After major benchmark averages closed the regular session, Investing.com traded higher Wednesday night as investors reviewed a variety of corporate first quarter results.

By 6:35pm ET (10.35 GMT) the market was at 0.2% up, 0.3% higher and 0.5% more than the previous day.

Tesla Inc (NASDAQ) posted 4.4% increase in extended deals after posting earnings of $2.26 per share, versus $2.26 anticipated, and revenues at $18.76 million versus $17.8billion expected.

United Airlines Holdings Inc. (NASDAQ) gained 7.5%. This was despite the fact that it issued its strongest guidance for second quarter in history. United reported a first quarter loss of $4.24 per Share on revenue $7.57 Billion. Analysts surveyed by Refinitiv anticipated a loss per Share of $4.22 on $7.68 Billion.

Lam Research Corp Extended trading in (NASDAQ:), fell 1.3% after a weaker-than-expected quarterly EPS. Revenues were $4.06 billion versus the $4.25 billion anticipated, and EPS came in at $7.4 versus $7.51.

Coming up, market participants are looking toward quarterly reports from AT&T Inc (NYSE:), American Airlines Group (NASDAQ: Snap Inc (NYSE:), and weekly data will also be released later in the session.

During Wednesday’s regular trade, The was up 249.59 points or 0.7% to 35,160.79. The final trade was little different at 4,459.45. Meanwhile, the dropped 1.2% to 13,453.07.

Netflix Inc. (NASDAQ:) dropped 35% Wednesday, following the Tuesday night streamer. This was the first loss of subscribers in 10 years.

Meanwhile, Procter & Gamble Company (NYSE:) gained 2.7% after better-than-expected results and hiking its full-year revenue guidance.

International Business Machines, NYSE:), also rose by more than 7.1% in the wake of a beating on revenue and earnings.

Bond markets yields fell to 2.832% from their 40-month peak.

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