The billionaire has just done something unusual for the first time: succumbing to pressure.

"Although revenue in the period was affected by supply chain impacts and the timing of customer contract negotiations, our cost management initiatives resulted in margin expansion," said CEO James Taiclet.

Stocks are trading cautiously higher amid a pullback in the U.S. dollar and another slate of solid second quarter earnings Tuesday.

Stock futures higher as dollar retreats; IBM slumps as currency hit clouds Q2 earnings beat; Disney gathers record $9 billion in ad commitments; Twitter dips lower ahead of opening hearing in Musk takeover battle and Netflix earnings on deck as investor track subscriber exodus.

Jim Cramer says the short-term outlook is awful, but the answer is to stick with the long-term winners.

Ark also sold four stocks, including a defense contractor and a financial management software company.

Stocks finished Tuesday, with mixed earnings and a bullish sentiment offsetting renewed interest rate risks.

"Global events this quarter marked a dramatic change in the geopolitical environment," said CEO James Taiclet.

Stock futures slip as risk appetite wanes, Treasury yields rise; Week Ahead: earnings and housing data in focus; Twitter drama continues as Musk hints at tender offer, board mulls $43 billion takeover; Tesla shares edge higher amid reports of Shanghai factory re-start and Alex Jones' Infowars files for Chapter 11 bankruptcy.

"It’s not impossible that if oil markets hold here, we could see a national average of $2.99 around Christmas," said Gasbuddy's Patrick De Haan.

McDonald's is making an uncharacteristic change to its menu.

New study could pose a big challenge for bottlers