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Thursday June 4, 2026

Finance News

Finances
 

Tyson Serves Up Quarterly Earnings

Tyson Foods, Inc. (TSN) posted its second quarter earnings report on Monday, May 4. The company’s quarterly revenue exceeded analysts’ estimates, resulting in its stock increasing by over 2% following the release of the report.

Tyson posted revenue of $13.65 billion for the quarter. This was up 4.4% from $13.07 billion reported in the same quarter last year and more than the $13.61 billion in revenue that analysts expected.

"We delivered strong results in the second quarter, with our Chicken and Prepared Foods segments driving meaningful momentum,” stated Tyson Foods President and CEO, Donnie King. “Our disciplined balance sheet management, execution and diversified, multi-protein portfolio position us to capitalize on significant growth opportunities ahead. We remain focused on continuous improvement, leveraging our scale and operating capabilities to better serve our customers and consumers.”

For the second quarter, the company posted net income of $260 million or $0.73 per adjusted share. This is an increase from net income of $7 million or $0.02 per adjusted share this time last year.

The Arkansas-based food company includes brands such as Jimmy Dean, Hillshire Farm and Ball Park. The company had an increase in sales volume across most segments: 4.4% in Pork, 1.7% in Chicken and 0.4% in Prepared Foods. The company experienced a 13.1% decline in sales volume in Beef and 1.0% in International sales. For fiscal 2026, Tyson expects the company’s total adjusted operating income to be between $2.2 billion to $2.4 billion and revenue to be up 2% to 4%.

Tyson Foods, Inc. (TSN) shares ended the week at $68.38, up 5% for the week.

PayPal Posts Results

PayPal Holdings, Inc. (PYPL) issued its first quarter earnings report on Tuesday, May 5. While the tech company reported increased revenue, its stock fell by more than 10% after the earnings report was released.  

The company reported quarterly net revenue of $8.35 billion, a 7% increase from $7.79 billion in revenue during the same quarter last year. This exceeded analysts’ expectations of $8.05 billion.

“I am energized by the opportunity to improve execution and accelerate PayPal’s growth,” said PayPal CEO, Enrique Lores. “We are taking deliberate steps to sharpen our strategy, simplify our organization, and improve both our growth trajectory and cost structure by focusing our investments where we believe they will have the greatest impact. I am confident in our ability to put the company on a more durable path to long-term growth and shareholder value creation, and we are executing with urgency.”

PayPal’s net income for the quarter came in at $1.11 billion or $1.21 per adjusted share. This is down from $1.29 billion or $1.29 per adjusted share during the same quarter last year. 

PayPal’s active accounts totaled 439 million for the first quarter, an increase of 1% year-over-year. Payment transactions increased 7% during the quarter totaling 6.5 billion. PayPal declared a cash dividend of $0.14 per share for stockholders of record on June 4, 2026, payable on June 25, 2026. The company reaffirmed its guidance for 2026 projecting a mid-single digit decline for both the upcoming quarter and the full fiscal year. 

PayPal Holdings, Inc. (PYPL) shares ended the week at $45.37, down 10% for the week.

Disney Releases Earnings Report

The Walt Disney Company (DIS) reported its second quarter earnings on Wednesday, May 6. The entertainment company’s stock rose by about 7% following the release of the report.

Revenue for the second quarter was $25.17 billion. This was up 7% from $23.62 billion in revenue last year at this time. This was slightly ahead of analysts’ expectations of $24.78 billion.

“At an important moment of change for Disney, we remain focused on executing our long-term growth. strategy,” the company stated in its earnings release. “Our creative and operational momentum drove strong quarterly results, and we continue to expect growth to accelerate in the second half of the fiscal year. We are strengthening streaming through continued investment in the creative storytelling that defines us and in product and technology innovation, while advancing ESPN’s direct-to-consumer future, and delivering on our bold growth plans at Disney Experiences.”

Disney posted net income of $2.25 billion for the quarter or $1.27 per adjusted share. Last year at this time, the company reported net income of $3.28 billion or $1.81 per adjusted share.

The company’s Experiences segment posted revenue of $9.49 billion, a 7% increase from $8.89 billion one year ago. Within the Experiences segment, theme park admission revenue rose by 6% to $3.09 billion and resorts and vacations revenue increased by 9% to $2.56 billion. Operating income for Disney’s Entertainment segment rose to $1.34 billion, a 6% increase from $1.26 billion one year ago. Disney attributes the increase in operating income to higher subscription and affiliate fees, an increase in content sales and higher advertising revenue. Disney anticipates third quarter total operating income to reach about $5.3 billion and earnings per share for the full 2026 fiscal year to grow roughly 12%.

The Walt Disney Company (DIS) shares ended the week at $108.02, up 5% for the week.

The Dow started the week of 5/4 at 49,417 and closed at 49,609. The S&P 500 started the week at 7,228 and closed at 7,399. The NASDAQ started the week at 25,112 and closed at 26,247.

 

Treasury Yields Varied

Treasury yields fluctuated throughout the week as investors reacted to new economic data for the service industry and waited for April’s jobs report. Yields edged down at the end of the week despite the latest employment data showing signs of a stable labor market.

On Tuesday, the Institute for Supply Management (ISM) released its Purchasing Managers’ Index (PMI) for April, indicating growth in the service industry. The PMI measures the change in economic activity in the services sector and is used as an indicator of U.S. economic activity. The PMI for April was 53.6, down from 54.0 in March and below analysts’ forecast of 53.9.

“Though the PMI® was slightly below estimates, it was the 22nd straight month in expansion territory and remains above the 12-month average,” said chair of the ISM survey, Steve Miller. “Many panelists stated that they have yet to see the impacts of petroleum price increases, so we expect to see continued elevated readings for the Prices Index for several months, regardless of when the conflict in Iran ends, due to these costs working their way through global supply chains.”

The benchmark 10-year Treasury note yield opened the week of May 4 at 4.38% and traded as high as 4.43% on Wednesday. The 30-year Treasury bond opened the week at 4.96% and traded as high as 5.03% on Tuesday.

On Thursday, the U.S. Department of Labor reported that initial claims for unemployment increased by 10,000 to 200,000 for the week ending May 2, lower than economists’ expectations of 205,000 claims. Continuing claims decreased by 10,000 to 1.77 million. On Friday, the Bureau of Labor Statistics released its monthly jobs report for April which indicated the unemployment rate was unchanged at 4.3% in April. The report also noted an increase of 115,000 jobs in April, above economists’ forecasts of 65,000.

"Fed officials cut interest rates last year because of worries over joblessness and a higher unemployment rate, but right now, there is no reason to consider interest rate cuts whatsoever because the labor market is steady as a rock," said chief economist at FWDBONDS, Christopher Rupkey.

The 10-year Treasury note yield finished the week of 5/4 at 4.36% while the 30-year Treasury note yield finished the week at 4.94%.

 

Mortgage Rates Move Up

Freddie Mac released its latest Primary Mortgage Market Survey on Thursday, May 7. The survey showed another week of mortgage rates edging up.

This week, the 30-year fixed rate mortgage averaged 6.37%, up from last week’s average of 6.30%. Last year at this time, the 30-year fixed rate mortgage averaged 6.76%.

The 15-year fixed rate mortgage averaged 5.72% this week, up from last week’s 5.64%. During the same week last year, the 15-year fixed rate mortgage averaged 5.89%.

“The 30-year fixed-rate mortgage averaged 6.37% this week,” said chief economist at Freddie Mac, Sam Khater. “Recent data points to slightly better conditions for buyers with a boost in new-home sales, median new-home prices being down to their lowest level since July 2021, and higher inventory than in recent years. Together, these trends could modestly ease affordability pressures through the spring homebuying season.”

Based on published national averages, the savings rate was 0.38% as of 4/20. The one-year CD averaged 1.53%.

Editor’s Note: The publicly available financial information is offered as a helpful and informative service to our friends. This article is not an endorsement of any company, product or service.


Published May 8, 2026
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