Industry giants Walt Disney Company (DIS) and Super Micro Computer (SMCI), released earnings reports that fell short of investor expectations. Super Micro Computer’s stock price fell sharply as the company missed analyst forecasts for both revenue and earnings in its fourth-quarter report. On the other hand, while Disney reported its first-ever profit in its streaming business, underwhelming second quarter revenue from its theme park division is weighing on the company stock. Meanwhile, media giant Warner Bros Discovery (WBD) is slated to release its second quarter results after the market close. Yahoo Finance trending tickers include Shopify (SHOP), The Walt Disney Company (DIS), and Lyft (LYFT).
Key guests include:
3:10 p.m. ET Steve Laipply, BlackRock Global Co-Head of Bond ETFs
3:30 p.m. ET John Peyton, Dine Brands CEO
4:05 p.m. ET Jamie Lumley, Third Bridge Group Sector Analyst
4:30 p.m. ET Patrice Louvet, Ralph Lauren CEO
4:40 p.m. ET Pablo Rivero, Resy CEO