WS #13451
Disney and Shopify beat expectations and raised guidance, while Uber's soft Q3 guidance pressured shares; Eli Lilly raised revenue outlook but trimmed EPS. SpaceX reported 92% revenue growth but a net loss and massive AI capex, leading to an 8% stock drop and a shift to Nvidia, while banks refinance $15bn of Google-Anthropic data center debt. China announced retaliatory sanctions and drone export controls against the US, escalating trade tensions ahead of a Xi-Trump summit.
Earnings Season: Disney, Uber, Shopify, Lilly
Disney and Shopify beat expectations and raised guidance, while Uber's soft Q3 guidance pressured shares; Eli Lilly raised revenue outlook but trimmed EPS.
SpaceX reported 92% revenue growth but a net loss and massive AI capex, leading to an 8% stock drop and a shift to Nvidia, while banks refinance $15bn of Google-Anthropic data center debt.
China announced retaliatory sanctions and drone export controls against the US, escalating trade tensions ahead of a Xi-Trump summit.