Parks, Pixar power Disney
Summary
Disney shares rose 3% after beating Q3 earnings estimates, driven by strong U.S. theme park performance and the box office success of Toy Story 5. The company also announced a new content deal with TikTok. In other market moves, Shopify surged 18% on strong Q2 revenue, while Uber fell 5% after missing profit guidance. Additionally, U.S. private sector job growth cooled in July, and Chipotle addressed a salmonella outbreak linked to its supply chain.
Topics discussed
Introduction and date
Disney earnings beat and TikTok partnership
Shopify revenue growth
Uber misses expectations
ADP private sector employment data
Chipotle salmonella outbreak investigation
Bristol Myers and AstraZeneca deal rumors
Closing remarks and subscription promo
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