Starbucks, Chevron, Norwegian Cruise Line, Alphabet & more


A pedestrian wearing a protective mask walks in front of a temporarily closed Starbucks coffee shop in Brooklyn, New York, on Monday, April 27, 2020.

Gabby Jones | Bloomberg via Getty Images

Check out the companies making headlines midday Tuesday:

Starbucks — The coffee chain’s stock rose 2.8% after Starbucks CEO Kevin Johnson said that 85% of its U.S. stores would be open by the end of the week. The stores will have modified hours and operations. The company also sold $3 billion of new bonds on Monday.

Chevron – Shares of the oil giant jumped more than 3% on

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Alphabet, Boeing, Gilead & more


Prakash Singh | AFP | Getty Images

Check out the companies making headlines in midday trading. 

Alphabet — Shares of Google-parent Alphabet rose 9% following the technology giant’s quarterly earnings. The report showed advertising revenue slowed but is starting to moderate.  Adjusted earnings came in at $9.87 per share, lower than the $10.33 forecast by analysts, according to Refinivitv. Revenue came in at $41.16 billion, topping estimates of $40.29 billion.

Gilead Sciences — Gilead Sciences’ stock jumped more than 6% after it said two studies showed that one of its therapies could be a viable treatment for Covid-19. Its drug

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Alphabet earnings drive futures higher ahead of GDP data


(Reuters) – U.S. stock index futures rose on Wednesday after Google-parent Alphabet reported upbeat quarterly results, while investors braced for data that could show a sharp contraction in the domestic economy.

FILE PHOTO: The floor of the New York Stock Exchange (NYSE) stands empty as the building prepares to close indefinitely due to the coronavirus disease (COVID-19) outbreak in New York, U.S., March 20, 2020. REUTERS/Lucas Jackson

Alphabet Inc (GOOGL.O) jumped 8% in premarket trading, as a drop in Google ad sales steadied in April and some consumers returned to using the search engine for shopping in addition

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Alphabet warns of difficult quarter as consumers Google pandemic, not shopping


(Reuters) – Alphabet Inc (GOOGL.O) on Tuesday beat analysts’ estimate for quarterly revenue as its Google unit posted double-digit advertising growth despite the economic slowdown from the novel coronavirus.

FILE PHOTO: The logo of Google is seen in Davos, Switzerland Januar 20, 2020. Picture taken January 20, 2020. REUTERS/Arnd Wiegmann

Shares of Alphabet rose 4% to $1,282 following the after-hours release of financial results. Alphabet shares were down about 8% this year at Tuesday’s close.

A booming economy and rising internet usage have driven Google to record revenues in the last few years. But the virus has split

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