U.S. stock futures were under pressure after President Donald Trump issued executive orders on two Chinese tech firms, and investors braced for the July jobs report.
Booking Holdings lost $10.81 per share for its latest quarter, smaller than the loss of $11.50 predicted by Wall Street analysts. The parent of Priceline, Booking.com, Kayak and other travel services also saw revenue beat estimates, even as the pandemic caused a 91% drop in travel bookings from a year earlier.
T-Mobile US beat estimates by 2 cents with quarterly earnings of 9 cents per share, while the mobile operator's revenue beat estimates as well. T-Mobile also said it had overtaken AT&T as the No. 2 mobile carrier in the U.S. behind Verizon after adding a greater number of subscribers than expected during the quarter.
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11 Books, Movies, Podcasts, and More That Got Us Through JulyBefore you rewatch that early-2000s soapy drama for the third time like the person who runs this Twitter account, give these editor-approved entertainment recs a shot.
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