Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis.

Good afternoon. Today is Wednesday, May 6th, and I'm your host, Kim Khan. Our top story so far. Disney is

rallying after posting solid growth across all major segments. Revenue rose 7% year-over-year, with gains in experiences up 7%, entertainment up 10% and sports

up 1%.

Entertainment growth included a 4% benefit from the Fubo transaction, along with higher

subscription and affiliate fees and subscriber gains.

Experience was driven by stronger domestic park spending and higher cruise activity

following the launch of the Disney Destiny.

Sports benefited from higher effective rates and the NFL transaction partially offset

by continued linear TV subscriber declines.

Looking ahead, Disney expects total segment operating income of about $5.3 billion in full year

26, and EPS growth of roughly 12% to around 664, in line with the consensus.

The company is targeting at least $8 billion in share repurchases.

Seeking off analysts, Max Greaves said the quarter was strong, but not enough to silence

skeptics, noting sports remains pressured by linear declines, while the key question is whether parks

can avoid a hit from higher living costs, while new CEO, Just Tomorrow, re-invigorates the

studio pipeline. Among active stocks, Uber is higher after first-quarter gross bookings rose 25%

to $53.7 billion topping estimates. The company

guided second quarter bookings to a midpoint of 57 billion, slightly above forecasts.

Corning is surging after announcing a long-term agreement with Nvidia to expand optical connectivity

capacity by 10 times. The companies planned three new U.S. manufacturing plants with

Corning boosting domesticosting domestic fiber

...