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Stock Movers: Disney Climbs on Profit Beat; AMD Falls on Underwhelming Forecast
Disney's stock rose after beating profit expectations in fiscal Q3, boosted by strong entertainment division performance and resilient theme parks. Meanwhile, AMD declined following disappointing Q2 results and a weak Q3 forecast that fell short of investor expectations amid semiconductor demand. Shopify also posted gains after reporting Q2 revenue that surpassed analyst estimates.
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