Uber up huge - Here are some earnings winners - Market update -8-2-22

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Pins better than expected user growth… plus activists … the could be a good mix - soaring in pre market

Cat down - missed revenue and is down and said supply chain issues exist

Bp up 2% - reporter beat on everything and raised dividend and more buybacks

Uber up 10% on earnings

Oil down on low manufacturing numbers making traders think demand will slow

Pelosi taiwan trip is very volatile with China doing military exercises

Muddy waters took short position in sunrun solar (run) -

Actvision blizzard

Devon beat

The company's board raised its fixed-plus-variable quarterly dividend by 22% to a record high of $1.55 per share, payable Sept. 30 to shareholders of record on Sept. 12.

For 2022, Devon has increased its full-year 2022 production forecast by 3% to be between 600,000 and 610,000 barrels of oil per day, citing "better-than-expected well performance year-to-date and the impact from a bolt-on acquisition in the Williston Basin."

Devon Energy's (DVN) production increase announcement came as a surprise, as energy traders were getting used to reports of production shortfalls, according to Moya. The news could indicate the oil market getting closer to balance, especially after Exxon Mobil (XOM) and Chevron (CVX) also noted that their production would be higher,

Diamondback Energy beat estimated earnings by 6.8%, reporting an EPS of $7.07 versus an estimate of $6.62.

Revenue was up $1.09 billion from the same period last year.

Mos

Mosaic missed estimated earnings by 9.23%, reporting an EPS of $3.64 versus an estimate of $4.01.

Revenue was up $2.57 billion from the same period last year.

TIGHT GRAIN AND OILSEED MARKETS ARE EXPECTED TO PERSIST THROUGH THE REMAINDER OF 2022 AND INTO 2023

* MOSAIC-WAR IN UKRAINE, HIGH TEMPERATURES IN NORTH AMERICA & EUROPE, AND DROUGHT CONDITIONS IN SOUTH AMERICA HIGHLIGHT RISK FOR REDUCED YIELDS GLOBALLY

* IN POTASH, THE SHORTFALL IN SUPPLY FROM BELARUS WILL ONLY BE PARTIALLY MITIGATED BY INCREASED PRODUCTION FROM OTHER PRODUCERS

Spg

The board raised the quarterly dividend to $1.75 per share from $1.70 per share, payable on Sept. 30 to shareholders of record on Sept. 9.

Shares of the company rose 2% in after-hours trading Monday.

QTRLY U.S. MALLS AND PREMIUM OUTLETS OCCUPANCY WAS 93.9% AT JUNE 30, 2022, COMPARED TO 91.8% AT JUNE 30, 2021

Uber - cash flow positive for the first time … up5% yesterday and shares soaring now - big beat

The number of drivers and delivery agents on its platform rose 31% to an all-time high of almost 5 million, allaying concerns that soaring gas prices was deterring them from signing up with the company.

"That's right: more people are earning on Uber (UBER) today than before the pandemic," Chief Executive Officer Dara Khosrowshahi said.

Cat down - missed revenue and is down and said supply chain issues exist

- Danaos (DAC) on Monday reported an adjusted EPS of $7.59 per share in Q2, up from $3.34 per share a year earlier. Analysts polled by Capital IQ expected $5.86 got the quarter.

Revenue grew to $250.9 million from $146.4 million a year ago. The Street estimated $203.3 million.

The containerships operator kept its quarterly dividend at $0.75 per share, payable on Aug. 29 to stockholders of record Aug. 17.

Rev had a big day

Wednesday moderna and marathon oil

Thursday cop connoco Phillips and lng

Friday draft kings for me personally

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