Bloomberg
Disney Climbs on Profit Beat; AMD Falls on Underwhelming Forecast | Stock Movers
Wednesday, August 5, 2026
Advanced Micro Devices reported second-quarter revenue and issued a third-quarter sales forecast that fell below analyst expectations, causing its stock to decline. Disney's stock rose after the company reported fiscal third-quarter profit that exceeded Wall Street estimates, driven by gains in its entertainment division and theme parks. Shopify shares climbed after the company reported second-quarter revenue that exceeded the average analyst estimate, with President Harley Finkelstein calling it a "monster quarter" for the company.
