Equities seek to recover losses, Disney falls on earnings: Catalysts
On today's episode of Catalysts, co-hosts Seana Smith and Madison Mills explore current market dynamics and notable corporate earnings reports.
Markets take center stage as stocks attempt to recover from a three-day global sell-off earlier in the week. Amid recession concerns, investors are questioning the idea of buying the dip. Goldman Sachs global chief equity strategist Peter Oppenheimer joins to provide insights on how investors may want to be thinking about the market.
The focus then shifts to corporate earnings. Walt Disney's (DIS) quarterly results beat expectations, yet the stock is declining due to pressure in its theme park business. CVS Health (CVS) reported mixed second-quarter results, with its insurance business underperforming and impacting the stock negatively.
Shopify's (SHOP) earnings performance is also discussed, with the company posting a 21% year-over-year revenue increase.
This post was written by Angel Smith