U.S. stock futures pointed to a higher open Wednesday, recovering from Tuesday’s selloff as strong earnings and raised guidance from Disney helped restore investor confidence. As of 8:40 a.m. ET, Dow Jones futures were up 186 points to 41,104 (+0.45%), S&P 500 futures gained 21.50 points to 5,647.25 (+0.38%), Nasdaq 100 futures added 52.75 points to 19,929.25 (+0.27%), and Russell 2000 futures climbed 15.90 points to 2,004.80 (+0.80%). The move higher comes as traders weigh Disney’s upbeat results against more cautious signals from AMD and Uber.

Disney Surges on Streaming Strength and Raised Guidance

In contrast, The Walt Disney Company (NYSE: DIS) offered investors a bright spot, with Q2 adjusted EPS of $1.45 beating expectations and revenue rising 7% year-over-year to $23.6 billion. Streaming profitability returned for a third straight quarter, and Disney+ added 1.4 million subscribers. Strong performance in parks, content licensing, and consumer products helped fuel a 6% premarket gain, pushing shares toward the key $100 level. Management raised full-year EPS guidance to $5.75, lifting investor confidence heading into the summer travel and content season.Disney Surges on Streaming Strength and Raised Guidance

Uber Disappoints on Revenue Despite Profit Beat

Uber Technologies (NYSE: UBER) posted a solid Q1 profit, reporting $1.87 billion in adjusted EBITDA and $1.78 billion in net income—both ahead of estimates. However, a slight revenue miss and softer-than-expected growth in gross bookings overshadowed the earnings beat. Gross bookings of $42.82 billion came in below the $43.14 billion forecast, and cautious Q2 guidance further dampened sentiment. Shares fell 6% in premarket trading, as investors focused on muted top-line momentum and lingering regulatory risks around Uber One.

AMD Earnings Beat, but Margin and China Concerns Weigh

Advanced Micro Devices (NASDAQ: AMD) delivered a stronger-than-expected Q1 with $7.44 billion in revenue and $0.96 in adjusted EPS, beating forecasts. However, shares were down nearly 2% premarket as concerns over margin compression and China export controls weighed on investor optimism. Despite guiding Q2 revenue above consensus, management flagged a $700 million China headwind and indicated flat margins, curbing enthusiasm about the MI350 AI ramp and Client segment strength.

Outlook

Markets appear to be grappling with high expectations against a backdrop of margin pressures, global headwinds, and mixed consumer trends. With the major indexes under pressure and futures indicating a cautious open, earnings execution and forward guidance remain front and center for investor sentiment.