My high 10 issues to look at Wednesday, Aug. 6 1. Wall Road was heading for a better open this morning as earnings from two Dow shares, Disney and McDonalds , went in reverse instructions. Weaker financial knowledge in addition to pharma and semiconductor tariff feedback from President Donald Trump on CNBC yesterday knocked the market down Monday. 2. Disney shares dropped 1% after the leisure big reported a blended fiscal third quarter. Earnings per share beat however income missed. Streaming grew and customers spent extra at parks. Membership title Disney additionally introduced the EPSN direct-to-consumer launch date , Aug. 21, and confirmed the ESPN-NFL deal. 3. McDonald’s shares jumped 3.5% after the fast-food big beat on second-quarter EPS and income. Promotions helped drive a U.S. eating places gross sales rebound following two straight quarters of declines. McDonald’s had a “Minecraft” film tie-in and launched of the McCrispy Hen Strips. 4. Uber matched estimates with earnings and beat on income. The trip and supply firm introduced a $20 billion inventory buyback. Pushing into self-driving and AI are large focuses for Uber, which launched its robotaxi service in partnership with Alphabet’s Waymo in Austin in March. Uber inventory rose 1%. 5. Snap shares sank practically 20% after the Snapchat father or mother reported a income miss and fewer-than-expected world each day energetic customers. Advert income progress of 4% is unhealthy, properly behind the quarterly progress charges of Membership title Meta at 21.5%, Google at 10.4% — and particularly, Reddit at 84%. 6. The 5% pullback in AMD shares is simply profit-taking. Do not obsess on the influence of China restriction’s on its knowledge middle progress. Melius is correct to lift its worth goal to $205 a share from $175. Deutsche Financial institution retains its maintain, however raises its PT to $150. Nonetheless beneath the place the inventory is, for heaven’s sake. 7. Tremendous Micro shares dropped 17% after the high-performance servers supplier missed on quarterly EPS and income. How a lot of this miss is competitors from Dell ? Tremendous Micro additionally issued weak present quarter steerage. CEO Charles Liang mentioned on the post-earnings convention name that tariff mitigation efforts will bear fruit. 8. Analysts at each Morgan Stanley and Citi raised their worth targets on Membership title Eaton to $425. They each saved their buy-equivalent scores as properly. Each outlets indicated the sell-off and the margin headwinds will abate. We upgraded the inventory to our 1 ranking purchase after yesterday’s beat and lift. 9. Arista Networks hit a house run with its quarter and the inventory jumped greater than 12%. The cloud networking firm’s present quarter steerage additionally exceeded expectations. Melius Analysis raised its worth goal to $160 from $137. It was the very best quarter of the evening. Arista simply crushed it. 10. Residents JMP raised its MNTN worth goal to $33 from $30 and saved its outperform purchase ranking. The advert tech firm, which has actor Ryan Reynolds as chief inventive officer, reported its first quarter as a public firm final evening. Adjusted EBITDA and income beat and so did steerage. I spoke with MNTN CEO Mark Douglas on “Mad Cash” concerning the digital advert panorama. Join my High 10 Morning Ideas on the Market e mail publication without cost (See right here for a full checklist of the shares at Jim Cramer’s Charitable Belief.) As a subscriber to the CNBC Investing Membership with Jim Cramer, you’ll obtain a commerce alert earlier than Jim makes a commerce. Jim waits 45 minutes after sending a commerce alert earlier than shopping for or promoting a inventory in his charitable belief’s portfolio. If Jim has talked a few inventory on CNBC TV, he waits 72 hours after issuing the commerce alert earlier than executing the commerce. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.