U.S. stocks are little changed Tuesday, with the Dow being held back by the post-earnings drop in Disney.
My top 10 things to watch Tuesday, May 7 Shares of Club name Disney are falling nearly 8% after reporting Tuesday morning a slight revenue miss for its fiscal 2024 second quarter. The company's guidance is not as bad as the stock sell-off seems to suggest. Disney+ and Hulu together turned a profit in the quarter for the first time. Together with ESPN+, the streaming loss was much narrower: $18 million versus a $659 million loss in the year-ago period.
Disney+ and Hulu together turned a profit in the quarter for the first time. Together with ESPN+, the streaming loss was much narrower: $18 million versus a $659 million loss in the year-ago period. All of streaming is expected to be profitable in the fiscal fourth quarter., which releases its quarter after Tuesday's closing bell. Analysts expect Wynn's earnings per share of $1.27 versus 29 cents a year ago when China was not fully back from Covid.
Apple has been developing chips to run artificial intelligence software in data centers, according to The Wall Street Journal. Tuesday's report said the chips are for AI inference, not training AI models. This sheds some light on the tech giant's AI plans, which are expected to be revealed next month at the company's annual Worldwide Developers Conference.price target to $1,100 per share from $1,000. That's a 19% premium to Monday's close of $921.
As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade..
Palantir Technologies Inc NVIDIA Corp Berkshire Hathaway Inc Apple Inc Dow Jones Industrial Average Wynn Resorts Ltd Earnings Walt Disney Co Breaking News: Markets Markets Investment Strategy Jim Cramer Investingclubsample Tesla Inc Business News
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jim Cramer's top 10 things to watch in the stock market TuesdayU.S. stock futures were flat Tuesday as investors await a round of mega-cap corporate earnings.
Read more »
Jim Cramer's top 10 things to watch in the stock market TuesdayThe S&P 500 and Nasdaq try for two in a row Tuesday, one day after breaking their six-session losing streaks.
Read more »
Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street looks pretty non-committal for a second straight session as investors look ahead to this week's two inflation reports.
Read more »
Jim Cramer shares his thoughts on Caterpillar, Dow, Chipotle, Merck and ServiceNowCNBC's Jim Cramer on Thursday offered his take on recent earnings reports from Caterpillar, Dow and more during the Investing Club's Morning Meeting.
Read more »
Jim Cramer says interest rate worries helped bring on Tuesday's end of April sell offAfter a generally rough April, CNBC’s Jim Cramer parsed Tuesday’s market action.
Read more »
Jim Cramer says interest rate worries helped bring on Tuesday's end of April sell offAfter a generally rough April, CNBC’s Jim Cramer parsed Tuesday’s market action.
Read more »