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MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT RESULTS

Chevron, Exxon under pressure as falling natural gas prices hit earnings

Wall St knee-deep in earnings; Chipotle sizzles; Google's 'mobilegeddon'

Yahoo Finance

Stocks (^GSPC) are struggling to build on yesterday's gains with investors knee-deep in earnings from some big name companies.

Verizon (VZ) reporting better-than-expected earnings in the first quarter. Revenue missed estimates but rose nearly 4% from a year earlier as it added more new monthly subscribers as and users added more devices to data plans.

Related: Verizon profit beats; Under Armour fails to impress; Chipotle jumps

United Technologies (UTX)  posted earnings per share beat forecasts, thanks to strength in its aerospace business.  However, the stronger dollar took a toll on revenue.  Sales fell short of Wall Street views falling more than 1% from a year earlier.

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IBM (IBM) shares on the move after reporting adjusted earnings that topped analysts' estimates in the first quarter. But revenue was slightly shy of forecasts.  Sales fell for the 12th consecutive quarter, down 12% from a year earlier as the stronger dollar and the transition into cloud and mobile continued to weigh on revenue.

Under Armour (UA) shares are lower in early trading. The athletic footwear and apparel company posting earnings that matched estimates. Profits fell 13% year-over-year due cost related to previous acquisitions and currency fluctuations. However, revenue topped forecasts, rising 25% from a year earlier thanks to strong sales overseas.

Chipotle (CMG) shares are higher as the casual fast-food chain gets set to serve-up first quarter earnings after the close of trading. Analysts are looking for earnings to jump 38% to about $3.64 a share and revenue to grow 22% to $1.11 billion.

Google “Mobilegeddon”

Today marks what some call "Mobilegeddon.”  Google (GOOGL) is changing its search algorithm to rank mobile friendly sites higher for those browsing on mobile devices. Sites that aren't optimized for cell phones could lose their coveted page rank on mobile search.

Keys to the toy Factory

Kids will soon be able to let their imagination run free. Mattel (MAT) is teaming up with software firm Autodesk (ADSK) to 3D print toys. The companies plan to launch a series of apps allowing users to design and print custom toys.