Disney Rises on Earnings Beat; AMD Slumps on Weak Outlook

1. 1Disney (DIS) gained 2.42%, AMD fell 6.30%, and Shopify (SHOP) surged 19.03%.
2. 2Disney's fiscal third-quarter earnings exceeded Wall Street estimates, while AMD's second-quarter revenue and third-quarter revenue guidance fell short of investor expectations.
3. 3Disney's earnings were driven by a sharp jump in income at its entertainment segment and resilience at its California and Florida theme parks, and Shopify's second-quarter revenue topped the average analyst estimate.

Source Bloomberg · View original ↗

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