EARNINGS SUMMARY: Details of Pioneer Natural Resources Co. Q2 Earnings Report

Below are the earnings highlights for Pioneer Natural Resources Co. (PXD):

-Earnings: -$439 million in Q2 vs. -$169 million in the same period last year.
-EPS: -$2.66 in Q2 vs. -$1.01 in the same period last year.

The Allstate Corp Q2 adjusted earnings Beat Estimates

The Allstate Corp (ALL) revealed a profit for its second quarter that advanced from last year.

The company’s bottom line came in at $1.22 billion, or $3.86 per share. This compares with $0.82 billion, or $2.44 per share, in last year’s second quarter.

Excluding items, The Allstate Corp reported adjusted earnings of $780 million or $2.46 per share for the period.

Analysts had expected the company to earn $1.55 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 0.5% to $11.20 billion from $11.14 billion last year.

The Allstate Corp earnings at a glance:

-Earnings (Q2): $780 Mln. vs. $735 Mln. last year.
-EPS (Q2): $2.46 vs. $2.18 last year.
-Analysts Estimate: $1.55
-Revenue (Q2): $11.20 Bln vs. $11.14 Bln last year.

Disney World reopens after months-long closure

New York (CNN Business)Disney’s media empire was ravaged by the coronavirus pandemic last quarter, with the company reporting a net loss of nearly $5 billion on Tuesday.

The company’s parks business was hit particularly hard by COVID-19. Its parks and resort unit lost $3.5 billion in the quarter. The unit’s revenue was down a whopping 85% from the year ago quarter.

Overall sales for the company fell 42% to $11.8 billion.

One bright spot was Disney+, Disney’s new streaming service, which had nearly 60 million subscribers at the end of June, according to the company.

Here's what happened to the stock market on Tuesday

The Dow climbed 164.07 points, or 0.62%, to close at 26,828.47. The S&P 500 gained 0.36% to end the day at 3,306.51. The Nasdaq Composite rose 0.35% to 10,941.17. Stocks traded in a narrow range for most of the session as lawmakers continue negotiations on a coronavirus stimulus package.

Pelosi says deal this week is unlikely

House Speaker Nancy Pelosi told Fox News on Tuesday she doesn't think a deal will be reached this week. Pelosi made that comment after she, Senate Minority Leader Chuck Schumer and White House chief of staff Mark Meadows held "productive" discussions on Monday, but added there are several issues still outstanding. Both sides have indicated they agree on another $1,200 stimulus check, but remain deadlocked on additional unemployment assistance.

Apple and Netflix rise

Apple gained 0.67% and was one of the biggest points contributors in the Dow. Netflix advanced 2.21%, also bucking a largely negative trend for Big Tech on Tuesday.

What happens next?

CVS Health, Moderna and Roku are among the companies set to report Wednesday.

Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world.

Sen. Ted Cruz chairs hearing on Antifa role in riots, 'stopping anarchist violence': live updates

Senate Judiciary Constitution Subcommittee hearing

Sen. Ted Cruz on Tuesday is chairing a hearing on the role of Antifa and other radical groups in recent riots across the country.

The hearing, “The Right of the People Peaceably to Assemble: Protecting Speech by Stopping Anarchist Violence,” is being held by the Judiciary Committee's Subcommittee on the Constitution.

Follow the hearing on Fox News' live blog below. Mobile users click here.

Clearwater Paper Corporation Q2 adjusted earnings Beat Estimates

Below are the earnings highlights for Clearwater Paper Corporation (CLW):

-Earnings: $22.8 million in Q2 vs. -$0.4 million in the same period last year.
-EPS: $1.36 in Q2 vs. -$0.03 in the same period last year.
-Excluding items, Clearwater Paper Corporation reported adjusted earnings of $27.9 million or $1.67 per share for the period.
-Analysts projected $1.44 per share
-Revenue: $480.5 million in Q2 vs. $452.0 million in the same period last year.

Prudential Financial Q2 adjusted earnings of $1.85 per share

Below are the earnings highlights for Prudential Financial (PRU):

-Earnings: -$2.41 billion in Q2 vs. $0.71 billion in the same period last year.
-EPS: -$6.12 in Q2 vs. $1.71 in the same period last year.
-Excluding items, Prudential Financial reported adjusted earnings of $0.74 billion or $1.85 per share for the period.

Monster Beverage Corporation Reports Increase In Q2 Profit

Monster Beverage Corporation (MNST) reported earnings for its second quarter that climbed from last year.

The company’s profit came in at $311.37 million, or $0.59 per share. This compares with $292.47 million, or $0.53 per share, in last year’s second quarter.

Analysts had expected the company to earn $0.49 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter fell 0.9% to $1.09 billion from $1.10 billion last year.

Monster Beverage Corporation earnings at a glance:

-Earnings (Q2): $311.37 Mln. vs. $292.47 Mln. last year.
-EPS (Q2): $0.59 vs. $0.53 last year.
-Analysts Estimate: $0.49
-Revenue (Q2): $1.09 Bln vs. $1.10 Bln last year.