5 things to know before the stock market opens on Tuesday

Here are the most important news that investors need to start their trading day:

1. Stock futures in red

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

Brendan McDermid | Reuters

US stock futures fell on TuesdayInvestors are concerned about simmering geopolitical tensions between Beijing and Washington ahead of House Speaker Nancy Pelosi’s expected visit to Taiwan. Treasury returns As Tuesday slippedwith the standard 10-year treasury bonds It is trading as low as 2.516% as investors flock to perceived US government debt. Stocks in China and Hong Kong Tuesday stumbled, too, and the yenWhich is considered a safe haven currency, strengthened further. On Monday, Wall Street’s major stock indexes closed in the red, breaking their three-day losing streak.

2. It is said that Chinese warplanes are flying close to the dividing line of the Taiwan Strait

Photo of House Speaker Nancy Pelosi holding her weekly press conference on Capitol Hill on Friday, July 29, 2022 in Washington, DC. US House Speaker Nancy Pelosi is expected to arrive in Taipei later on Tuesday, a source familiar with the matter told Reuters, as several Chinese warplanes flew near the line dividing the Taiwan Strait.

Kent Nishimura | Los Angeles Times | Getty Images

Chinese warplanes Flying close to the center line in the Taiwan StraitReuters reported on Tuesday, citing a source. Beijing has warned Pelosi against visiting Taiwan, an autonomous island claimed by China. Pelosi is touring the region, but her expected visit to Taiwan has not been officially announced. Tensions between China and Taiwan was increasing In the last years.

3. Uber Reported Another Big Loss, But Stocks Soared

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 Uber Technologies Jumped on Tuesday after the delivery and food company reported Quarterly revenue better than expected. Uber’s second-quarter sales came in at $8.07 billion, well above analysts’ forecasts of $7.39 billion, according to Refinitiv. However, Uber reported a net loss of $2.6 billion for the quarter, including $1.7 billion as a result of a revaluation of its investments in Grab Aurora and Zomato. Total losses from operations for the quarter ended June 30 were $713 million, but the company reported positive free cash flow of $382 million. In May, CEO Dara Khosrowshahi told employees in a note that cash-flow positivity had become an important near-term goal.

4. Oil companies boost dividends

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

Glenn Kirk | Afp | Getty Images

British oil giant BP US shale producer Devon Energy reported strong quarterly earnings and hiked dividends, as higher crude oil prices this year helped companies boost their capital return programs. bb that on tuesday Reported second-quarter profit of $8.5 billion, raised its quarterly dividend 10% to 6,006 cents per common share. Devon Energy, which turned on Monday Q2 results are better than expected Above and below, reports a 22% increase in dividend payouts. Using a fixed plus variable dividend strategy, Devon’s quarterly payout is now $1.55 per share, up from $1.27.

5. Pinterest jumps. An activist company says it is the largest shareholder

Online photo board banner Pinterest Inc. Hanging from the New York Stock Exchange (NYSE) on the morning of Pinterest’s initial public offering on April 18, 2019 in New York City.

Spencer Platt | Getty Images News | Getty Images

Pinterest shares are up nearly 18% in pre-market trading on Tuesday, a day after the social media company reported quarterly earnings and revenue that fell short of Wall Street expectations, and guidance for the current quarter was weaker than expected. While Pinterest’s monthly active user decline wasn’t as bad as feared, the company’s results nonetheless show the challenging operating environment for the social media name right now. PinterestStocks may react to news that activist investor Elliott Management on Monday She revealed that she is the largest shareholder in the companytouting the “value creation opportunity” you see.

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