Stocks to Watch Wednesday: Disney, Uber, Super Micro -- WSJ

Dow Jones
05-07

By WSJ Staff

Walt Disney $(DIS)$; Uber $(UBER)$: The entertainment conglomerate and the ride-hailing platform are set to post earnings early Wednesday. Disney shares got knocked earlier this week after President Trump called for 100% tariffs on films produced overseas.

Super Micro Computer $(SMCI)$: The AI server maker cut its sales outlook for its financial year, saying economic uncertainty led customers to delay orders. Shares fell in premarket trading.

Advanced Micro Devices $(AMD)$: The semiconductor company reported better-than-expected earnings and guided for higher revenue this quarter. Shares rose 2.5% ahead of the open.

Novo Nordisk (DK:NOVO.B, NVO): The Danish pharmaceutical company warned that copycat versions of Semaglutide-marketed as Wegovy for weight-loss and Ozempic for diabetes-will drag on earnings growth this year. Novo Nordisk's quarterly earnings beat expectations, and its shares rallied.

BMW (XE:BMW): The German automaker stuck with its annual earnings guidance based on the assumption tariff increases are temporary, contrasting with Stellantis, General Motors and Ford, which have all suspended their forecasts. BMW shares rose in Frankfurt.

Electronic Arts $(EA)$: The videogame developer reported higher quarterly profits and revenue and said the launch of a new game in its Battlefield franchise would boost resultsthis fiscal year.

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(END) Dow Jones Newswires

May 07, 2025 05:04 ET (09:04 GMT)

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