US markets rallied; Lyft surged 12% on Q3 results; Under Armour soared 16% on Q3 results.

The US markets rallied to a fresh record highs across the three key indices on Tuesday following the release of a strong batch of quarterly corporate earnings reports including Pfizer and Lyft.

The Dow Jones rose 0.39% to finish the trading day up 139 points to close at a record high 36,053 points.

The tech heavy NASDAQ rose 0.3% to finish the trading day up 54 points to close at 15,650 points with Google and Apple gaining 1.45% and 0.71% respectively.

One bitcoin is worth US$62,702 going into the Asian trading day.

The Australian dollar is firm against the major currencies and is buying 74.29 US cents.

Shares in ride-share app company Lyft surged 12.60% in after-hours trade following the release of Q3 results and announced a plan out of the pandemic. For the period, Lyft reported an EPS of 5 US cents/share, above the expected 3 US cents/share loss, revenue of US$864.4m compared to the expected US$862.7m, and revenue per active rider of US$45.63/rider compared to the expected US$43.89/rider.

Global leading sportswear company Under Armour soared 16.47% yesterday after also releasing strong Q3 results topping analysts' estimates for a number of metrics. For the period, Under Armour reported an EPS of 31 US cents/share, double the expected 15 US cents/share, revenue of US$1.55bn compared to estimates of US$1.48bn and the company said it now expects sales to rise 25% from 2020 for FY21.

And Nike has filed new trademarks for its iconic footwear like the ?Air Jordan? and slogan ?Just Do It? in a sign the athletic apparel giant is moving into the Metaverse and/or NFT space.