analysts' comments

Walt Disney Co. DIS 3.76% is projected to report a 23% jump in total revenue for its fiscal third quarter Wednesday, largely due to its theme parks surging back to life amid a boom in travel and tourism this past spring. The world’s largest entertainment company is expected to post $21 billion in total revenue, including $6.8 billion from its parks, experiences and products division, according to analysts polled by FactSet. Analysts…

Moderna Inc. sales rose 9% in the second quarter, but costs tied to a surplus of Covid-19 vaccine doses contributed to a profit decline. The Cambridge, Mass.-based biotechnology company’s revenue came in at $4.75 billion in the period ended June 30, topping Wall Street analyst expectations, driven almost entirely by sales of its messenger RNA-based vaccine, branded as Spikevax. But the pace of Moderna’s year-over-year sales growth slowed…

Roku Inc. ROKU -2.01% said it expected two of its main revenue drivers—advertising and sales of streaming hardware—to come under further pressure during the second half of the year, sending the company’s shares down 25% in after-hours trading. “We are in an economic environment defined by recessionary fears, inflationary pressures, rising interest rates, and ongoing supply chain disruptions,” the company said in a letter to investors…

Mobile-phone chip supplier Qualcomm Inc. QCOM 2.30% cut its smartphone shipment forecast for this year and issued a muted sales outlook, reflecting slowing consumer appetite for smartphones as soaring inflation and economic uncertainty cause people to curtail discretionary spending.The San Diego-based company, one of the world’s largest providers of chips for phone handsets, on Wednesday reported a 36% increase in sales to $10.94 billion for its most recent quarter,…

T-Mobile US Inc. TMUS 4.45% posted a steep second-quarter loss as costs tied to its network overhaul and legal expenses piled up, but the wireless carrier raised its outlook for the year as it added more of its most valuable customers. The Bellevue, Wash., company posted a net gain of 723,000 postpaid phone subscribers in the June quarter. The increase topped the average 573,000-connection estimate from Wall Street analysts, according…

Snap surprise disclosure that its second-quarter revenue and profit will be lower than expected sent its shares plunging and sparked debate over whether the social-media company’s woes signal a broader slowdown in the online-ad market.During a presentation at an investment conference, Snap Chief Executive Evan Spiegelsaid “the macroeconomic environment has definitely deteriorated further and faster than we expected.” In a filing, Snap said it would miss the low end of its target for 20% to 25% year-over-year revenue…

Elon Musk said his deal to buy Twitter Inc. TWTR -2.19% was on hold pending details on the amount of fake accounts on the social-media platform, prompting a sharp slide in the company’s shares in premarket trade. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Mr. Musk said in a tweet early Friday. He linked to a…