Stock Markets Mixed as Earnings Roll In While Oil Giants See Profit Slump
- Uber reported first ever quarterly operating profit but stock still falls.
- European stocks were down across the board Tuesday morning.
- Oil giants BP, Exxon and Chevron saw profits decline but BP increased dividend 10% and announced $1.5 billion share buyback.
- AMD stock faces challenges but still considered buy ahead of earnings, with consensus estimates of $5.3 billion revenue and 57 cents adjusted EPS.
- Norwegian Cruise Line stock dropped after earnings fell short of expectations set by Royal Caribbean's strong earnings.