CAKE & DIS: Stocks Decrease After Earnings

Cheesecake Factory (CAKE) earnings were released today, May 10, postmarket. George Tsilis discusses this as its EPS came in at $0.61 versus an estimated $0.59 and revenue came in at $866.10M versus an estimated $869.07M. Walt Disney (DIS) earnings were also released today, postmarket. Its adjusted EPS came in at $0.93 versus an estimated $0.89 and revenue came in at $21.82B versus an estimated $21.73B. He also goes over how DIS's 2Q parks, experiences, and products revenue totaled $7.78B. Tune in to find out more about the stock market today.