The Rundown - Disney Eyes Free Streaming, Eli Lilly Sells $15B of Weight-Loss Drugs

Episode Date: August 6, 2026

Market update for Thursday August 6, 2026Check out the Public app for incredible investing tools and to support the show (LINK)Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.In today’s episode, Zaid covers:What the gold rally says about the dollar, bond yields and the FedDisney’s earnings beat, powered by parks, streaming and Toy Story 5Eli Lilly’s monster quarter as Mounjaro and Zepbound sales surgeDoorDash’s DashPass growth and Sandisk’s surprising post-earnings selloffWhy used electric vehicles are suddenly rising in value

Public.com presents the rundown. Your daily market update in 10 minutes. My name is Zadadmani, and today is Thursday, August 6th. In today's episode, we'll dig into why gold just had its biggest day since February. We'll also break down earnings from Disney, Eli Lilly, DoorDash, and Sandus. Then stick around to the end of the show to find out why used electric cars are going up in value right now. We got a great show for you today. Let's go. Yesterday was a mixed day for the markets. The S&P 500 fell 0.2%, while the NASDAQ dropped by 0.8%, dragged down by Google, Microsoft, and Amazon. Now, the Dow Jones did finish a half a percent higher to another record close, but nobody cares about the Dow. So, you know, what caught my attention yesterday was gold. It

jumped 4% for its biggest one-day gain since February. Gold is now back about $4,300 an ounce for the first time since June. You know, gold prices rallying right now could be a sign that traders don't think the Fed will raise interest rates this year. You know, higher interest rates is usually bad for gold since gold doesn't pay you anything to hold it. You don't get any interest or dividends. It's just a shiny metal that produces no yield. So this mini rally in gold right now could be the market saying that they don't think the Fed will hike interest rates despite Fed. chair Kevin Warsh talking tough on inflation. Now, that could just be one factor, though. The other factor could be that the dollar is weakening right now, and since gold is priced in U.S. dollars,

a weaker dollar tends to push up gold prices. And also, there's still a strong demand from central banks all over the world, which continued to buy up gold. According to Bloomberg, central banks and sovereign wealth funds bought a record 283 metric ton of gold during the second quarter, which was up 62% from a year ago. You know, all this demand from central banks was one of the reasons why gold rallied last year. And while gold isn't acting like a meme stock this year like it was last year, there seems to be a price floor right now because of all the central bank buying. So I'm curious to see what happens in the second half of the year when it comes to gold. Now, speaking of the Fed and interest rates, the July jobs report drops tomorrow morning and that could have an impact

on what the Fed decides to do with interest rates. A strong job market could give the Fed cover to raise interest rates to combat inflation. But if the labor market starts showing signs of weakness and the Fed might be forced to hold rates or maybe even start cutting rates. So we'll break down the July jobs report on tomorrow's episode along with all the earnings coming out this week. So definitely get subscribed to the podcast if you haven't already and tune in every day to stay in the loop. Let's run through some headlines.

Starting with Disney. Disney reported earnings yesterday and the stock jumped nearly 4% following the report. The numbers were pretty decent. Revenue's last quarter jumped seven. percent of $25.2 billion. That was a slight miss from estimates, but earnings per share did beat expectations coming in at $2.6 per share. The highlight of the report has to be the parks business. Disney's Experience Division, which includes their parks, cruises, and resorts, jumped 10% to nearly $10 billion in revenue, while operating income jumped 20% to just over $3 billion.

So Disney's parks continued to put up strong growth numbers. Despite the cost to attend these parks being so high these days. And, you know, even looking beyond parks, the streaming and movie business also did pretty well for Disney. Revenues from Disney Plus and Hulu increased 11% to $5.5 billion. That was helped by subscriber growth, price increases, and advertising. And then the movie business also got a boost thanks to the success of Toy Story 5, which crossed a billion dollars at the box office. It wasn't all good for the movie business, though. The live action Moana remake has been a major flop, and so was the Mandalorian movie. Disney said the pain from those movies will be felt in the next quarter. Overall, though, Disney's entertainment operating

income still jumped 64% to $1.68 billion. So I'd say that it's been a good start for new CEO Josh Tamarro, who took over Disney back in March. No, he seems to have some interesting ideas as well moving forward. On the earnings call, he teased that Disney is considering launching a completely free ad-supported streaming product to reach customers who don't want another monthly subscription. So think of it like Disney's version of Pluto or Tobey, but filled with Disney's enormous library of movies, shows, and IP. And honestly, I think this is a good idea. Josh DeMorrow also said on The Earnings call that he wants Disney Plus to expand and not just be home for content, but also gaming and merchandise and also their parks. So he wants to turn

Disney Plus into like a super app. I'm not sure if I like that idea as much. I kind of just want Disney Plus to be like the content app, but we'll see what he ends up doing with it. Overall, the market like what they heard from the earnings report, the stock jumped nearly 4% following the report. But if you zoom out though, Disney stock is still down about 10% on the year, and it's still down about 50% from its all-time highs the stock set back in 2021. You know, I wonder if Disney's ever going to get back to those 2021 levels. Let's shift gears and talk about Eli Lilly because the pharma giant also reported earnings yesterday, and the numbers are just absolutely absurd.

Revenues jumped 48% to nearly $23 billion. That easily beat Wall Street estimates. And adjusted earnings came in at $8.38 per share, which was also above the $6 a share that analysts were expecting. And you already know what's driving this growth. Their GLP1 drugs, Manjaro and Zepbound. Manjaro is the diabetes version of the drug. It did $9.9 billion in revenue, which was up 91% from a year ago.

And then Zepbound, which is the weight loss version of the drug, did $4.9 billion in revenue, which was up 46% from a year ago. So together, these two drugs did almost $15 billion in sales in just three months. And a ton of that growth right now is coming from the international market. Manjaro's sales outside the US jumped 172% with strong demands in countries like China, India, and Brazil. And what's notable here is that Eli Lilly is putting up these kind of numbers while cutting prices. Prices fell 13% last quarter, but they made. made it up in volume, which was up 60%.

Now, there was one slight disappointment on this report, which was Foundaio. That's the Eli Lilly's new weight loss pill. It did about $98 million in revenue, which was just below the $103 million that Wall Street was expecting. The company says that prescriptions are growing, but the launch is lagging behind Novo Nortis's weight loss pill. But, you know, investors overlooked that slight blip, and Eli Lilly's stock jumped nearly 5% yesterday following their earnings report. I think the bigger takeaway here is that Eli Lilly just,

continues to run away with the weight loss market. Their biggest rival, Nova Nord has reported earnings yesterday as well, and they're expecting revenues to decline by 6%. So think about how crazy that is. Eli Lilly is growing revenues by 48% while Novo's revenues are down. So Eli Lilly continues to be the weight loss juggernaut. They now control roughly 61% of the U.S. obesity and diabetes drug market compared to just 39% for Nova Nordus.

So this might be a generational fumble by Nova Nordus, because remember, they're the ones who launched its entire space with OZEPIC a few years ago. Let's talk about some stocks making moves today. DoorDash shares are moving higher this morning after the company reported strong growth and gave investors a better than expected profit forecast. Revenues for the quarter jumped 36% from a year ago to $4.45 billion that beat Wall Street estimates. On top of that, total order volumes climbed 27% to $970 million, while the total value of those orders placed across the platform rose 36% to $33.1 billion. The bright spot for the company was the strong growth in Dashpass, which is DoorDash's $10 per month subscription, that gives customers lower fees and free delivery on some orders. DoorDash said they added more paying members of DashPass over the past year than during the previous two years combined.

And once customers join DashPass, they order more frequently. just from restaurants, but also grocery stores and retail stores. You know, I have Dashpass through one of my credit card companies, and it's a pretty good service, especially because you get $10 off an order from a retail store. So I think that's one of the reasons why Dashpass customers buy from retail stores. The company said that Dash members accounted for roughly 75% of DoorDash's non-restron orders last quarter. Now, I should mention, DoorDash saw their profits shrink in this past quarter from a year ago because DoorDash is spending more on research, in development on AI tools and also delivery robots and drones.

The company seems to be very bullish on robots. They expect robots to handle a high single digit percentage of orders in their biggest test markets by the end of this year. Last week, we talked about how DoorDash was building out their whole drone infrastructure as well. So DoorDash is taking a short-term hit to their profits in order to invest in the long term. Overall, investors like what they heard and the stock is up around 5% this morning at the time of this recording.

Now, on the flip side, Sandus stock is getting. hit today despite reporting what looked like a blowout quarter. Revenues for Sandus came in at nearly $9 billion in Q2, which was up from the $1.9 billion a year ago. You know, Sandus has seen a surge in demand of flash memory from all these AI data centers being built. But despite the blowout numbers, the stock is still dropping this morning because of Sandus's guidance. Sandus expects current quarter revenues to be between $10.3 and $10.8 billion, which was slightly below what Wall Street wanted to see. And since Sandus stock has gone up 30x in the past year, investors aren't going to be willing to overlook a slightly soft guidance. As a result, San Day stock is down around 10% this morning

in reaction to these earnings. And honestly, I'm kind of surprised it's not down more. Let's wrap the show with the fun fact. Used electrical vehicles are doing something that basically never happens with cars. They're going up in value. Used EV prices have gone up. around 7% so far this year through mid-July. You know, as most of you guys know, cars normally start losing their value the second they leave the dealership and electric cars have depreciated even faster because the technology improves so quickly and buyers worried about battery life. But this year, the demand for used EVs is overpowering that depreciation.

Used EV sales jump 20% in June compared to June of last year. There's a couple factors here at play. Part of it is affordability because, you know, you can buy a. three-year-old used EV for around the same price as a five-year-old gas powered car. Not to mention with gas prices being elevated this year, more people were willing to make the switch to EVs. And also, now that there's no longer a federal tax credit for buying a new EV, more and more people are choosing to buy a used EV to save money as well.

But you know, this might just be a one-time thing. The car market does change pretty drastically all the time. So if you have an EV that's like two to three years old, right now it might be the best time to trade it in to get the most money out of it. I kind of wonder if I should trade in my 2021 Tesla Model Y and upgrade to something better. I don't think I will, but yeah, it's kind of tempting. Well, all right, guys, that's the rundown for today. Hope you guys enjoyed today's episode.

Thank you guys so much for listening, watching and commenting. Shout out to V and Kevin for all the work behind the scenes. And we'll see you guys back here tomorrow.