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The Vanguard S&P 500 ETF (NYSEMKT: VOO) is on a bit of a losing streak. After trading down in five of the past six sessions, the ETF tracking the performance of America’s 500 biggest listed stocks moved higher for only the second time this morning, opening up 0.2%.
The lack of any big (i.e. bad) tariffs news probably helped, and of any negative economics elsewhere in the macroeconomic sphere. Also helping today are strong earnings report coming out of Wall Street.
Earnings Last Night
Multiple S&P 500 component companies reported earnings last night. Among them:
Entertainment giant Fox Corporation (Nasdaq: FOX | FOX Price Prediction) earned $1.27 per share in its fiscal Q4 2025, $0.28 better than expected, on revenue of $3.3 billion (versus $3.1 billion expected).
News Corporation (Nasdaq: NWS), however, missed earnings by a penny, reporting $0.19 per share, despite revenue that was slightly ahead of consensus forecasts at $2.1 billion.
Insurance giant Aflac (NYSE: AFL) earned $1.78 in its own Q2, eight centers better than expected. Revenue, however, fell short at $4.2 billion.
Earnings this morning
The earnings cavalcade resumed this morning, with even more S&P 500 components reporting:
Walt Disney (NYSE: DIS) earned $1.61 in its fiscal third quarter, 16 cents ahead of estimates. Revenue was close to the expected $23.7 billion, but just short — $23.65 billion.
Management did guide for better than expected earnings for the full year, predicting adjusted EPS will be $5.85, up 18% over fiscal 2024.
Emerson Electric (NYSE: EMR) beat by a penny with a $1.52 per share profit in its fiscal Q3. As with Disney, revenue fell a bit short at $4.55 billion. Also as with Disney, though, earnings for the year are expected to be ahead of Street forecasts at $6 per share.
Finally, ride-sharing company Uber (NYSE: UBER) beat by a penny with $0.63 per share earned in its Q2 report. Revenue beat expectations at $12.7 billion, and the company guided for better EBITDA and gross bookings in Q3.
Uber stock traded higher pre-market, but turned south almost immediately as trading began — now down more than 1%.
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