Stock Movers Earnings Push Uber Higher; Disney Lower on Beat; AMD and SMCI Dive
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Aug 6, 2025 Shares of Uber are up after a stellar earnings report and a massive $20 billion stock buyback announcement, signaling strong confidence in future performance. In contrast, Disney's stock dropped despite an earnings beat, as disappointing revenue from traditional TV weighed it down. Meanwhile, AMD's struggles continue with uncertainties surrounding sales in China, leaving investors cautious. The episode dives into how these earnings results shape market dynamics.
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Uber Earnings Beat Boosts Stock
- Uber beat earnings expectations and announced a $20 billion stock buyback, which the market reacted to positively.
- Its gross bookings for Q3 are forecasted between $48.25 billion and $49.75 billion, indicating strong growth momentum.
Disney Earnings Show Mixed Results
- Despite beating earnings per share estimates, Disney's shares fell due to disappointing revenue from traditional TV networks and sports.
- The market initially liked Disney's NFL and ESPN tie-up, but the earnings shortfall overshadowed that positive.
AMD China Revenue Uncertainty Hits Stock
- AMD shares dropped nearly 7% due to uncertainty about its China AI chip revenue and export license delays.
- The CEO indicated no China-related revenue is included in their Q3 guidance, disappointing investors despite an earnings beat.