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The Dow Jones Industrial Average .DJI rose 172.16 points, or 0.68 percent, to 25,414.1, the S&P 500 .SPX gained 25.67 points, or 0.91 percent, to 2,846.07 and the Nasdaq Composite .IXIC added 91.47 points, or 1.17 percent, to 7,932.24. Coca-Cola Co (KO.N) shares rose 1.8 percent after the beverage company’s quarterly sales and profit beat estimates. Shares of HCA Healthcare Inc (HCA.N) jumped 9.2 percent after the hospital operator raised its full-year earnings forecast. However, General Motors Co (GM.N) shares fell 4.6 percent after the automaker cut its 2018 profit forecast, citing rising steel and aluminum costs due to tariffs. After the bell, Ford Motor Co (F.N) also lowered its profit forecast, and its shares dropped more than 4 percent in after-hours trading.

Shares of AT&T Inc (T.N) fell 4.5 percent, weighing the most on the S&P, after the wireless carrier’s quarterly revenue missed estimates, Advancing issues outnumbered declining ones on the NYSE by a 1.84-to-1 ratio; on Nasdaq, a 1.31-to-1 ratio favored advancers, The S&P 500 posted 43 new 52-week highs and seven new lows; the Nasdaq Composite recorded 73 new highs and 83 new lows, Volume on U.S, exchanges was 6.61 billion shares, compared to florida siesta key beach sand cufflinks the 6.09 billion average for the full session over the last 20 trading days..

(Reuters) - Mondelez International Inc (MDLZ.O) on Wednesday reported a better-than-expected quarterly profit as it sold more Cadbury chocolates and Oreo cookies in Europe and North America, while keeping a lid on costs. Shares of the world’s No. 2 confectioner rose 5.04 percent to $43.7 in extended trading on Wednesday, after the company also said it expected organic net revenue growth at the top end of its previously estimated range of 1 to 2 percent. Sales in Mondelez’s Power Brands business, which houses Oreo, Cadbury and Milka, rose 5.2 percent to $4.55 billion, marking their fourth straight quarterly rise.

Established markets of North America and Europe drove the gains, with sales in each region rising more than 6 percent, the company said, Mondelez’s strong performance comes at a time food packaging companies, including Kraft Heinz and Hershey, are florida siesta key beach sand cufflinks facing a number of challenges ranging from higher transportation costs to consumers’ growing preference for healthier foods, To counter the impact, Mondelez has been focusing its efforts on opening more efficient manufacturing plants and implementing zero-based budgeting to meet its target of about $3 billion in cost savings by the end of 2018..

Some of these efforts helped drive adjusted gross profit margin up 60 basis points to 40.4 percent in the reported quarter and beat consensus estimates by about 90 basis points, according to Bernstein. “Solid results in Q2 suggest Mondelez is bucking the trend versus other U.S. food companies,” Bernstein analyst Alexia Howard wrote in a note. Net income attributable to the company fell to $323 million, or 22 cents per share, in the second quarter ended June 30 from $498 million, or 32 cents per share, a year earlier.

(Reuters) - Advanced Micro Devices Inc (AMD.O) beat estimates for quarterly profit and revenue on Wednesday, as a rare surge in demand for personal computers boosted sales of its processors, graphic chips, sending its shares up 5 percent in extended trading, The company’s shares have more than doubled in the past two years on continued demand for graphic chips used in computers, videogame consoles and a variety of other applications, AMD said sales florida siesta key beach sand cufflinks in its graphics and computing business, which makes processors for servers and gaming consoles, rose 64 percent to $1.09 billion, primarily driven by its Ryzen desktop processors and Radeon graphic cards..

However, it declined 3 percent quarter-over-quarter, primarily due to lower revenue from graphic processing units (GPU) in the blockchain market. AMD’s gross margins also grew 3 basis points to 37 percent. The company said its GPU average selling price increased due to Radeon and sales to data centers. “We think investors are focused on AMD’s gross margin expanding as a measure of success of its new products,” Stifel analyst Kevin Cassidy said. The increase in average selling price of GPUs also helped offset fears of weak cryptocurrency-related demand, Cassidy added.

In recent years, AMD like florida siesta key beach sand cufflinks rival Nvidia Corp (NVDA.O), has been riding the bitcoin wave despite a downward spiral in cryptocurrency prices on fears of regulatory scrutiny, GPUs provide the high computing abilities required for cryptocurrency mining, Graphics cards used by cryptocurrency miners accounted for about 6 percent AMD’s overall sales from 10 percent last quarter, the company’s CFO Devinder Kumar said on a post-earnings call, The company also profited from its EPYC server processors gaining market share amid a largely stabilizing PC market, During the quarter, worldwide PC shipments grew for the first time in six years, according to research firm Gartner..

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