- Investor's Business Daily
Dow Jones Futures Rise As Disney Dives On Sales Miss; Palantir Plunges On Earnings
Stock Market Today: Dow Jones futures rose Tuesday as Disney dived on a revenue miss. AI stock Palantir plunged on earnings.
- Reuters
REFILE-US STOCKS-Futures subdued as Walt Disney results fail to excite investors
Futures tracking U.S. stock indexes were largely muted after Walt Disney slipped following second-quarter results, while expectations of the Federal Reserve's interest rate cuts this year lent support to the market. Walt Disney fell 6.2% in premarket trading, as a surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office. "Going forward, we expect the market to turn its focus more on earnings as the volatility around interest rate expectations subsides."
- Investor's Business Daily
Disney Stock Retreats Despite Earnings Beat, Improved Streaming Financials
Disney stock retreated early Tuesday after reporting 30% earnings growth. Disney has led the Dow so far this year.
