Business

Stocks Surge Amid Resilient Spending

Updated 2026-05-06 13:05 UTC 1 source Positive

Uber and Disney are experiencing strong stock performance due to resilient consumer spending. Both companies reported positive earnings, with consumers continuing to spend on various services.

Coverage timeline — 2 articles

CNBC

Uber and Disney are seeing the same remarkable dynamic in this economy. Both stocks are surging

Uber and Disney pointed to a resilient spending backdrop, with consumers continuing to shell out for rides, food delivery, vacations and theme park trips.

2026-05-06 12:44 UTC

CNBC

From jewelers to health tech, CEOs want tariff refunds as earnings take a hit

Philips and Pandora on Wednesday announced their intentions to apply for tariff rebates in the aftermath of President Trump's "liberation day" blitz.

2026-05-06 12:48 UTC