Reply To: Traders Market Weekly: The Consumer Matters


Walt Disney (DIS 88.18, +3.68, +4.4%): beats by $0.11, reports revs in-line, Disney+ Core subscribers up 7% to 112.6 mln; Increases cost reduction plan to approx. $7.5 billion; Says it is now moving from a period of fixing to a period of building; remains confident DTC segment will achieve profitability in 4Q24

MGM Resorts (MGM 39.70, +1.05, +2.7%): beats by $0.12, beats on revs; authorized a new $2 billion share repurchase plan

Twilio (TWLO 58.67, +2.86, +5.1%): beats by $0.21, beats on revs; guides Q4 EPS above consensus, revs above consensus

Arm Holdings plc (ARM 51.19, -3.21, -5.9%): beats by $0.10, beats on revs; guides Q3 EPS in-line, revs in-line; guides FY24 EPS in-line, revs in-line

Take-Two (TTWO 146.29, +2.82, +2.0%): misses by $2.19, reports revs in-line; guides Q3 EPS below consensus, revs below consensus; lowers FY24 EPS below consensus

AppLovin (APP 45.67, +5.55, +13.8%): beats by $0.05, beats on revs; CFO H. Chen to leave the company at the end of the year

Lyft (LYFT 10.55, -0.17, -1.6%): beats by $0.09, beats on revs, beats on adjusted EBITDA; Travel demand sustaining its momentum
AMC Entertainment (AMC 10.24, +0.15, +1.5%): beats by $0.16, beats on revs

Instacart (CART 26.91, -0.33, -1.2%): reports Q3 (Sep) results, beats on revs (BILL 55.70, -6.49, -10.4%): nearing $1.95 bln deal for Melio, according to Bloomberg

Nvidia (NVDA 472.37, +6.63, +1.4%): aiming to introduce three new chips for China

Topgolf Callaway Brands (MODG 9.99, -2.46, -19.8%) beats by $0.09, misses on revs; guides Q4 revs below consensus; guides FY23 EPS below consensus, revs below consensus