Disney stock stumbled after missing quarterly sales forecasts due to weakness in the linear TV business, while Cisco soared after exceeding expectations with strong AI infrastructure demand. Major U.S. equities indexes declined following President Trump’s bill signing, with the Nasdaq dropping 2.3%. Bitcoin and other cryptocurrencies fell, dragging down shares of Robinhood Markets, Interactive Brokers, and Coinbase Global. Despite beating profit forecasts, Disney’s revenue fell short, causing shares to plummet 7.8%. Tesla shares dropped nearly 7% due to declining sales in China and Cathie Wood’s Ark Invest selling off shares. Cisco shares surged 5% after surpassing sales and profit expectations with strong AI infrastructure growth. Dow shares rose 4.2% following Goldman Sachs raising its price target on the chemical maker’s stock.

Read more at Yahoo Finance: Disney Drops After Sales Miss; Cisco Stock Climbs