Disney (DIS) shares are jumping after it reported revenue and adjusted earnings above estimates; October 澳洲幸运5官方开奖结果体彩网:Producer Price Index (PPI) figures are due; Super Micro Computer (SMCI) shares are plummeting after the server marker again is delaying filing its financial reports; Cisco Systems (CSCO) shares are dropping after the networking giant reported declining earnings and revenue; the 澳洲幸运5官方开奖结果体彩网:International Energy Agency (IEA) raises its 2024 oil demand growth projections while trimming its outlook for 2025 on weak demand from China. U.S. stock futures are little changed but the dollar continues it🉐s post-election gains against the euro, pound, and yen. Here's what investors need to know today.

1. Disney Shares Pop After Revenue, Adjusted Earnings Top Esti🅷mates

Shares of the Walt Disney Company (DIS) are 澳洲幸运5官方开奖结果体彩网:surging 9% in premarket trading after the media giant reported revenue and adjusted profit that topped analysts' estimates. The company reported $22.57 billion in revenue, up from $21.24 billion last year and narrowly above the $22.50 billion 澳洲幸运5官方开奖结果体彩网:analysts expected, according to Visible Alpha. After accounting for about $1.5 billion in one-time charges like restructuring costs, Disney's adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) came in at $1.14, just above estimates of $1.11. Disney's streaming business recorded an operating profit of $253 million a🍌fter posting a profiꦿt for the first time last quarter.

2. Wholesale Inflation Expected to Tick Higheﷺr in October PPI Report

Following yesterday’s release of the 澳洲幸运5官方开奖结果体彩网:Consumer Price Index (CPI), investors will be watching the 8:30 a.m. ET release of the 澳洲幸运5官方开奖结果体彩网:wholesal𒁏e-focused Produ🗹cer Price Index (PPI). Economists surveyed by The Wall Street Journal and Dow Jones Newswires project that wholesale prices rose by 0.2% in October from the prior month. The report comes as the CPI showed inflation at the consumer level 澳洲幸运5官方开奖结果体彩网:ticked higher last month. 澳洲幸运5官方开奖结果体彩网:Federal Reserve officials cut their benchmark interest rate by a quarter-point last week. Economists expect the central bank to continue making cuts for the foreseeable future as long as inflation stays in check and the j🍌ob market is resilient.

3. Super Micro Computer Stock Dives on Further 🍎Reporting𒁃 Delays

Super Micro Computer (SMCI) shares are 澳洲幸运5官方开奖结果体彩网:plumm🦩eting 11% in premarket trading after the server maker said it would delay the filing of 💙its fiscal first-quarter financial ꦕreport. The delay comes after the company said in October it couldn't predict when it would file its 2024 annual report, a requirement it must meet to comply with Nasdaq 澳洲幸运5官方开奖结果体彩网:listing rules.  The company's reporting delays stem from the resignation of its auditor EY last month, which earlier flagged issues with the server maker's 澳洲幸运5官方开奖结果体彩网:corporate governance and internal controls.

4. Cisco Stock 👍Falls A🦂fter Reporting Declining Income, Revenue

Cisco Systems (CSCO) shares are 3% lower in premarket trading after the networking giant reported 澳洲幸运5官方开奖结果ᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚ体彩网:declining first-quarter profit and revenue. The company posted net income of $2.7 billion, or 68 cents per share, down from last year's $3.6 billion, or 89 cents per share, but above analysts' projections compiled by Visible Alpha. Cisco registered revenue of $13.8 billion, down 6% year-over-year and roughly in line with consensus. The report follows the company's move to 澳洲幸运5官方开奖结果体彩网:cut about 7% of its workforce a quarter ago, part of a pivot to higher-growth areas like cybersecurity and 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI).

5. IEA Raises 2024 Oil🌱 Demand Growth Projection, Trims 2025 Outlook

The 澳洲幸运5官方开奖结果体彩网:International Energy Agency (IEA) on Thursday 澳🌊洲幸运5官方开奖结果体彩网:raised its proj𒅌ection for 2024 oil demand growth but trimmed its forecast for next year, citing China's slowing economy. The IEA said world oil demand is forecast to grow by around 920,000 澳洲幸运5官方开奖结果体彩网:barrels per day (B/D) this year, up from 澳洲幸运5官方开奖结果体彩网:"just shy of" 900,000 B/D in its October projection. The Paris-based agency is forecasting growth of "just shy of" 1 million B/D next year, versus "around" 1 million B/D previously. 澳洲幸运5官方开奖结果体彩网:WTI crude prices were higher by 0.7% to reach $68.91 a barrel, while 澳洲幸运5官方开奖结果体彩网:Brent crude futures saw a similar increase to hit $72.77 a barrel.