Time for your daily dose of trending tickers, the stocks you're following based on your Yahoo Finance ticker searches.
Exxon Mobil & Chevron
Big Oil weighed heavily on the Dow Jones Industrial Average. Chevron (CVX) and Exxon Mobil (XOM) both dropped more than 4% after reporting sharp losses in the second quarter. Chevron posted earnings of $0.30 a share with revenue falling to $40.36 billion from $57.94 billion a year ago. The Street was expecting earnings of $1.16 a share. Exxon reported quarter profit of $1.00 a share, that's a 52% drop. Revenue fell 33% to $74.11 billion. Analysts were expecting earnings of $1.11 a share. Exxon and Chevron both blamed falling oil prices for the disappointing results.
LinkedIn (LNKD) tumbled after making a big reversal. The stock initially popped in Thursday's after hour trading but turned sharply lower. Investors' enthusiasm for it earnings beat of $0.55 a share from the expected $0.30 a share dissipated when they realized the boost wasn't from a recovery in its core business but because of deal making. The professional-networking site said monthly unique user growth was flat over the quarter and sales from its display-advertising business fell 30%.
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Expedia
Expedia (EXPE) soared after exceeding Wall Street's second quarter expectations. The online travel site came in 4 cents above estimates at $0.89 a share. Revenue was in line with forecasts. Expedia also raised its dividend by 33% to $0.24 a share. The company is now in the process of buying rival Orbitz Worldwide (OWW) pending DC approval.
