Shares of both Arm Holdings (ARM) and Airbnb (ABNB) are sinking this morning after the companies reported their latest earnings. Arm is falling after the chip designer's revenue guidance failed to excite investors. Airbnb is also being dragged down by weaker guidance than expected. Disney (DIS) and Warner Bros. Discovery (WBD) announced they are teaming up to bundle their various streaming services. The media giants' new service will be available later this summer. Warner reports earnings this morning. Yahoo Finance trending tickers include Robinhood (HOOD), Beyond Meat (BYND), and Roblox (RBLX).

Key guests include:
9 a.m. ET - Mark Zandi, Moody’s Analytics Chief Economist
10:40 a.m. ET - Josh Charlesworth, Krispy Kreme CEO & President
11:10 a.m. ET - Gal Krubiner, Pagaya CEO
11:20 a.m. ET - Joey Gonzalez, Barry's CEO
11:30 a.m. ET - Steve Huffman, Reddit CEO