Concentrate on shares rise soon after earnings defeat. Here’s how the pros are playing it
Finance
Uber and Disney are seeing the same remarkable dynamic in this economy. Both stocks are surging
Key Points Uber and Disney pointed to a remarkably resilient spending backdrop, with consumers continuing to shell out for rides, food delivery, vacations and theme park trips. “The consumers are spending, they’re spending locally, and we don’t see any signs of that weakening at this point,” CEO Dara Khosrowshahi said. Source
Read More
Finance
Stocks making the biggest moves premarket: AMD, Disney, Uber, Corning, Super Micro Computer & more
Check out the companies making the biggest moves premarket: Advanced Micro Devices — Shares surged 18% after the chipmaker issued strong guidance. AMD is calling for second-quarter revenue of $11.2 billion, plus or minus $300 million, versus the analyst estimate for $10.52 billion. First-quarter results also surpassed expectations on the top and bottom lines. Super […]
Read More
Finance
Stocks making the biggest moves after hours: Advanced Micro Devices, Super Micro Computer, Arista Networks & more
Check out the companies making headlines after the bell : Advanced Micro Devices — Shares popped 7% after the chipmaker issued strong guidance. AMD is calling for second-quarter revenue of $11.2 billion, plus or minus $300 million, versus the analyst estimate for $10.52 billion. First-quarter results also surpassed expectations on the top and bottom lines. […]
Read More