U.S. stock futures rose Wednesday as Wall Street looks to repeat the prior session's strong performance.
My top 10 things to watch Wednesday, Aug. 7 1. Disney with a blowout , beating analyst estimates on top and bottom lines. Also, a big raise to earnings guidance. It's about time. Adjusted EPS for its fiscal third quarter were $1.39, up 35% from a year ago. The company's combined streaming businesses turned positive for the first time, ahead of schedule. The entertainment segment was up 4%, much better than expected. And yet, shares were down about 1% in the premarket. 2.
per share. It has cut 600 stores since 2022 and expects to close 300 more this year. I have CEO Karen Lynch on "Mad Money" tonight.reported second-quarter revenue on Wednesday of $281 million vs. $254 million expected. I like the number, growing user base — 91.2 million daily active users, topping estimates of 84.5 million. Good commentary, a lot to like. Confident presentation. Piper Sandler raised its price target on RDDT shares to $70 from $65.
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