Dow Jumps Over 1%; Disney Posts Upbeat Earnings

Ambitions Enterprise Management
Walt Disney Company
Entravision Communications Corporation Class A
EZGO Technologies Ltd.
One Stop Systems, Inc.

Ambitions Enterprise Management

AHMA

0.00

Walt Disney Company

DIS

0.00

Entravision Communications Corporation Class A

EVC

0.00

EZGO Technologies Ltd.

EZGO

0.00

One Stop Systems, Inc.

OSS

0.00

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 1% on Wednesday.

The Dow traded up 1.15% to 49,866.82 while the NASDAQ rose 0.94% to 25,564.14. The S&P 500 also rose, gaining, 0.82% to 7,319.06.

Leading and Lagging Sectors

Materials shares jumped by 2% on Wednesday.

In trading on Wednesday, energy stocks fell by 3.7%.

Top Headline

Walt Disney (NYSE:DIS) reported better-than-expected second-quarter financial results.

Disney reported adjusted earnings of $1.57 per share for the quarter, beating the analyst consensus estimate of $1.49. Revenue increased 7% year over year to $25.17 billion, ahead of analyst estimates of $24.76 billion.

Equities Trading UP
         

  • Entravision Communications Corp (NYSE:EVC) shares shot up 72% to $6.85 after the company reported a year-over-year increase in first-quarter financial results.
  • Shares of Ambitions Enterprise Management Co LLC (NASDAQ:AHMA) got a boost, surging 44% to $1.58.
  • One Stop Systems Inc (NASDAQ:OSS) shares were also up, gaining 48% to $14.48 after the company reported better-than-expected first-quarter financial results.

Equities Trading DOWN

  • EZGO Technologies Ltd (NASDAQ:EZGO) shares dropped 68% to $0.61.
  • Shares of Primoris Services Corp (NYSE:PRIM) were down 43% to $116.52 after the company reported worse-than-expected first-quarter financial results and cut its FY26 guidance.
  • Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) was down, falling 35% to $1.24.

Commodities

In commodity news, oil traded down 6.2% to $95.96 while gold traded up 3.3% at $4,717.50.

Silver traded up 6% to $77.930 on Wednesday, while copper rose 3.2% to $6.1815.

Euro zone

European shares were higher today. The eurozone's STOXX 600 rose 2.1%, while Spain's IBEX 35 Index rose 2.2%. London's FTSE 100 rose 2.1%, Germany's DAX gained 1.9%, while France's CAC 40 gained 2.9%.

Asia Pacific Markets

Asian markets closed higher on Wednesday, with Hong Kong's Hang Seng Index gaining 1.22% and India's BSE Sensex jumping 1.22%

Economics

  • Private businesses added a net 109,000 jobs in April, recording the largest gain since January 2025.
  • U.S. mortgage applications fell by 4.4% from the previous week in the final week of April.

Photo via Shutterstock

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