Stock Movers: Disney Surges, Uber Dips, Super Micro Plunges

Disney's Strong Performance

• 🚀 Disney shares popped in pre-market trading, up 6%, after raising its full-year profit outlook.
• 💡 The company beat earnings per share estimates, reporting 1.45 versus 1.20, and saw modest growth in Disney Plus and Hulu subscribers.
• 📈 Disney expects its full-year fiscal 2025 earnings to rise 16%, driven by faster-than-expected growth in its parks and streaming businesses.

Uber's Mixed Results

• 📉 Uber shares dropped 5.6% in pre-market after reporting first-quarter gross bookings of $42.8 billion, missing analyst estimates of $43.1 billion.
• ⚠️ This miss is attributed to a slowdown in its rideshare business.
• 📊 Despite the bookings miss, Uber's income exceeded analyst estimates, and the company forecast strong bookings and adjusted earnings for the current period.

Chip Stocks Face Headwinds

• 📉 Super Micro Computer (SMCI) is plunging over 5% on a weak sales forecast, adding to previous losses.
• 📦 The company cited a buildup of inventory and customers delaying purchases as reasons for the shortfall.
• 📈 In contrast, AMD shares are trading higher by 1.8% after reporting a strong revenue forecast, boosted by high-end computers for AI software.
• ⚠️ Marvell Technologies is down 7.25% after narrowing its first-quarter 2026 guidance and postponing its investor day due to an uncertain macro environment.

Electronic Arts and Weight Watchers

• 🎮 Electronic Arts (EA) shares are up 5.2% pre-market after issuing higher-than-expected quarterly profits and forecasting strong revenue due to a new game launch.
• ⚖️ Weight Watchers is down a significant 52% and filing for bankruptcy, impacted by the growth of GLP-1 drugs like Ozempic and struggling with annual interest expenses exceeding $100 million.