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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.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-05/disney-climbs-on-profit-beat-amd-falls-on-forecast-video

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