Earnings Live: Snap's Stock Plummets, Disney Surpasses Expectations, Uber Unveils Buybacks

Reported 24 days ago

As the second quarter earnings season progresses, many companies have reported positive results, including strong performances from Disney and Airbnb, which announced stock buybacks. However, Snap's stock fell sharply due to disappointing revenue growth. Uber saw an increase in profits and outlined a significant buyback plan, while McDonald's rebounded from previous sales slumps. The mixed earnings reports reflect a complex landscape for investors amid economic uncertainties.

Source: YAHOO

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