News Formal

Stock market today: Stocks open higher, Disney sinks after earnings

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 23 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Quarterly Earnings Notizia

Disney,Nasdaq Composite,Federal Reserve

Results from Disney took center stage as the media giant posted the first profit for a key part of its streaming business.

US stocks rose slightly to open Tuesday trading following a string of gains, as investors soured on Disney's earnings and hoped that interest-rate cuts are in the cards as soon as later this summer. The Dow Jones Industrial Average stepped up roughly 0.2%, while the S&P 500 gained about 0.3% after the benchmark scored its best three-day run in a standout 2024. The tech-heavy Nasdaq Composite ticked up 0.2%.

Results from Disney took center stage as the media giant delivered its first quarterly earnings since winning its proxy fight with activist Nelson Peltz last month. The company's earnings beat Wall Street estimates as a key part of its direct-to-consumer streaming business — which includes Hulu and Disney+ — turned its first profit. But shares tumbled after the company said it expects weaker results in that segment for the current quarter.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 47. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Stock market today: Nasdaq sinks 2% as stocks plummet to end worst month of 2024Investors marked time ahead of the Fed's rate decision, with earnings from Amazon on deck to test prospects for a Big Tech-fueled bump.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »

Markets today: Tech powers stocks hours away from Apple's resultsThe world’s biggest technology companies drove a rebound in stocks ahead of Apple Inc.’s earnings, with Wall Street also gearing up for Friday’s jobs report.
Fonte: BNNBloomberg - 🏆 83. / 50 Leggi di più »

Stock market today: US futures take a breather as Disney earnings landResults from Disney took center stage as the media giant posted the first profit for a key part of its streaming business.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »

Stock market today: Stocks climb as S&P 500 notches best 3-day run of 2024Stocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »

Stock market today: Stocks gain as Fed rate hopes fuel continued rallyStocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »

Stock market today: Stocks surge as jobs report revives rate-cut bets, Apple jumps 6%Surprisingly upbeat Apple earnings were boosting spirits in the wait for the monthly jobs report.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »