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Analysts noted that the company delivered muted upside with its results, underwhelmed some investors with its margin outlook and was simply up against high expectations.
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Walt Disney's stock, which has been struggling all year, rallied on Wednesday as the entertainment giant reported surprisingly strong earnings.
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Trump says deal to reopen the Strait of Hormuz could come as early as Wednesday AP NewsUS and Iran having 'very good discussions', Trump says ReutersU.S. Stocks Jump as Bessent Says Iran Deal May Be Days Away WSJU.S. nears Hormuz deal, aiming for Wednesday announcement AxiosMiddle East crisis live: US and Iran signal hope for Hormuz deal but terms unclear theguardian.com
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Ken Griffin's flagship fund bought billions of dollars of AI stocks from Leopold Aschenbrenner's firm
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