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Disney Climbs on Profit Beat; AMD Falls on Underwhelming Forecast | Stock Movers

Bloomberg Markets Wednesday 05 August 2026, 15:12 UTC 1 min read
Key Points

On this episode of Stock Movers: - Advanced Micro Devices (AMD) shares are lower after the semiconductor firm’s second-quarter revenue and third-quarter sales forecast underwhelmed investors expecting a stronger performance given rising demand. - Disney (DIS) shares are climbing as profit beat Wall Street estimates in the company’s fiscal third quarter, driven by soaring income from its entertainment division and the resilience of its theme parks in California and Florida. - Shopify (SHOP)...

On this episode of Stock Movers: - Advanced Micro Devices (AMD) shares are lower after the semiconductor firm’s second-quarter revenue and third-quarter sales forecast underwhelmed investors expecting a stronger performance given rising demand. - Disney (DIS) shares are climbing as profit beat Wall Street estimates in the company’s fiscal third quarter, driven by soaring income from its entertainment division and the resilience of its theme parks in California and Florida. - Shopify (SHOP) shares are soaring after it reported revenue for the second quarter that beat the average analyst estimate. President Harley Finkelstein said it was a "monster quarter" for the company. (Source: Bloomberg)
Disney Climbs on (ORG) Profit Beat (ORG) AMD Falls (PERSON) Stock Movers: - (ORG) AMD (ORG) DIS (ORG) California (LOCATION) Florida (LOCATION) Harley Finkelstein (PERSON) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →

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