Earnings Push Uber Higher; Disney Lower on Beat; AMD and SMCI Dive
- Uber (UBER) shares are higher on an earnings beat and after it announced $20 billion in new stock buybacks after sharing a better-than-expected third-quarter forecast and quarterly results. Gross bookings will range from $48.25 billion to $49.75 billion for the three months ending September, according to Uber. Adjusted earnings before interest, taxes, depreciation and amortization for the second-quarter were a record $2.12 billion, ahead of the $2.09 billion that analysts had forecast.- - Disney (DIS) shares are lower despite an earnings beat. Disney raised its adjusted earnings per share…
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