Stock Market Update

07-May-25 12:35 ET
DIS rises after earnings; UBER sinks
Dow +234.90 at 41063.04, Nasdaq -67.12 at 17622.54, S&P +5.32 at 5612.23

[BRIEFING.COM] The Dow Jones Industrial Average (+0.6%) has maintained a positive posture through the session while major indices trade around prior closing levels.

Earnings news since yesterday's close garnered mixed responses from investors. Walt Disney (DIS 102.00, +9.81, +10.6%) trades up after surpassing earnings estimates with $1.45 EPS on $23.62 billion revenue, and increasing its full-year profit forecast fueled by Disney+ subscriber growth to 126 million.

Uber (UBER 84.20, -1.65, -1.9%) shares are down due to Q1 gross bookings and revenue falling short of expectations, despite a 14% year-over-year revenue increase and $0.83 EPS.

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