Stock Market Live August 6: Mostly Positive Earnings Reports Push S&P 500 (VOO) Higher Wednesday
Briefly

The markets saw a positive response this morning, driven primarily by strong earnings reports. Disney reported earnings of $1.61, exceeding estimates, although their revenue fell slightly short. Fox Corporation also performed well with earnings per share surpassing expectations. Aflac’s earnings exceeded estimates, but reported revenue did not meet projections. The overall market sentiment was further bolstered by the absence of negative news regarding tariffs or economic indicators, marking a slight turnaround after a losing streak for the Vanguard S&P 500 ETF.
Disney's recent earnings report showed they earned $1.61 in its fiscal third quarter, surpassing estimates by 16 cents. They reported revenue of $23.65 billion, slightly below expectations of $23.7 billion.
Fox Corporation reported fiscal Q4 2025 earnings at $1.27 per share, surpassing expectations by $0.28, on revenue of $3.3 billion compared to the anticipated $3.1 billion, indicating strong performance.
Aflac's earnings in Q2 reached $1.78 per share, which was 8 cents better than expected. However, revenue fell short at $4.2 billion, highlighting some challenges despite positive earnings.
The Vanguard S&P 500 ETF (VOO) had experienced a losing streak, dropping in five of the last six sessions, but opened up 0.2% this morning amidst improving earnings reports.
Read at 24/7 Wall St.
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