Will S&P 500 Hit 5,000 Today? February 7, 2024

Locator: 46759INV.

Intra-day high: 4,999.89.

Talk after the close is all about DIS (Disney): big, big beat, but earnings miss; exclusive interview with Bob Iger on CNBC;

• raised prices, cut expenses; overseas did very, very well;
• revenue is flat; how does Iger respond? Blah, blah, blah
• will partner with Epic / Fortnite: Disney to invest $1.5 billion in Epic games
  
• a separate but integrated with Epic
• this is a big deal
  

The numbers (DIS):

• expectations:
• EPS: 97 cents to $1.02
• revenue: 23.47 to $24 billion
• whisper numbers:
• EPS: $1.07 -- a beat by 10 cents
• actual report:
• EPS: $1.22 -- a huge beat
  
• revenue: $23.55 billion vs $23.64 billion
  
• comments:
• shares up 4.5% on the news; back to trading over $100; trading at $104
  
• dividend increased by 50%
  

ARM Holddings: reports earnings; after-hours; ARM spikes 13%;

• top and bottom beat
• guidance is surpassing expectation
• one may to ask what company is biggest shareholder / partner with ARM is
  

Wynn Resorts: beats; holy mackerel, but shareholders still reluctant

• up over 2% after hours;
• EPS: $1.91 vs $1.15

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Soft Landing, Hard Landing, Or "Touch and Go"?