Walt Disney (NYSE:DIS)+6.9%; reported Q3 EPS of $1.09, $0.11 better than the analyst estimate of $0.98. Revenue for the quarter came in at $21.5 billion versus the consensus estimate of $20.99 billion. With 14.4 million Disney+ subscribers added in the fiscal third quarter, it now has 221 million total subscriptions.
Keep cash & wait for recession.Inflation will not go down without recession happening. Not seeing product & produce price goes down, only go up. Consumers still buying even price goes higher.
US STOCKS-S&P 500 Ends near Two-Year Low as Bear Market Deepens
Micron Technology 5% HIGHER; reported second-quarter earnings per share of $2.14, versus the consensus of $1.97. Revenue was $7.79 billion versus the consensus of $7.53 billion. The company also issued higher-than-expected guidance.