Try the businesses making headlines earlier than the bell: Walt Disney Firm — The media large fell greater than 4% on combined fiscal fourth-quarter outcomes . The corporate earned an adjusted $1.11 per share, beating an LSEG estimate of $1.05 per share. Income, nonetheless, got here in at $22.46 billion, under a consensus forecast of $22.75 billion. Firefly Aerospace — Shares of the Texas-based aerospace firm surged greater than 20% following sturdy third-quarter outcomes. Firefly reported a narrower-than-expected adjusted loss and topped income expectations for the interval, in accordance with LSEG consensus estimates. Firefly additionally mentioned it expects fiscal yr 2025 income to return out between $150 million to $158 million, larger than the $136 million consensus forecast. TKO Group Holdings — Shares rose 2.8% after the guardian firm of UFC and Zuffa Boxing mentioned it signed a multiyear partnership with Polymarket to convey real-time prediction markets into reside fight sports activities. Cisco Programs — Shares climbed greater than 6% after the networking firm reported fiscal first-quarter outcomes that had been stronger than anticipated. Cisco posted adjusted earnings of $1 per share on $14.88 billion in income. Analysts surveyed by LSEG anticipated earnings of 98 cents per share on $14.77 billion in income. Alibaba Group — Shares popped 4% after Bloomberg, citing individuals acquainted, reported the corporate is getting ready to revamp an AI cell app to look extra just like ChatGPT. Flutter Leisure — The world’s largest sports activities betting and playing firm dipped greater than 3% after chopping its full-year steering, due to profitable streaks from gamblers. In any other case, Flutter reported combined earnings and income as in comparison with LSEG consensus estimates. Individually, it introduced a brand new prediction markets app known as FanDuel Predicts that is set to launch in December. Ibotta — Shares plunged greater than 20% after the cash-back rewards platform issued disappointing fourth-quarter income steering of between $80 million and $85 million. Analysts polled by LSEG had anticipated $84 million. In any other case, Ibotta topped earnings and income expectations in its most up-to-date quarter. Webtoon Leisure — The web comics platform tumbled practically 27% after reporting third-quarter income of $378 million, in need of the $385 million consensus estimate per LSEG. Nonetheless, Webtoon’s adjusted earnings had been 4 cents per share, versus the lack of 12 cents a share anticipated from analysts. Nike — Shares of the athletic retailer pop ped 2.9% on the again of a Wells Fargo improve to obese from equal weight. Wells Fargo mentioned its revenue and loss figures could possibly be hitting a backside. — CNBC’s Michelle Fox, Alex Harring, Yun Li and Fred Imbert contributed reporting
