Disney Beats Earnings Estimates, Super Micro Computer Stock Falls

Reported 2 months ago

Disney's shares surged following the company's fiscal third-quarter earnings, which exceeded expectations, marking a profit for its streaming services like Disney+, Hulu, and ESPN+. In contrast, Super Micro Computer faced a sharp decline after its second-quarter earnings missed projections, despite announcing a 10-for-1 stock split planned for October. Major indices are showing positive trading after a three-day losing streak.

Source: YAHOO

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