As meme stocks came back into vogue by retail investors, spurred by the market's growing optimism, shares of AMC Entertainment Holdings climbed on Monday, on pace to complete a six-day winning streak.

Walt Disney on Wednesday reported its fiscal third-quarter earnings that beat expectations on the top and bottom lines and added more subscribers than projected to its flagship streaming video platform Disney+.

Micron announced Tuesday it would invest $40 billion over the next decade to manufacture chips in the US despite its latest comments citing a worsening market.

Amazon and iRobot announced it is acquiring the Roomba maker for $61 a share in an all-cash deal valued at $1.7 billion, as Amazon pushes its presence in consumer robotics.

The maker of plant-based burgers, Beyond Meat, cut its revenue forecast for the full year, saying that US consumers are responding to higher prices in grocery aisles by shifting from plant-based meat alternatives to cheaper animal protein products.

Shares of financial technology giant PayPal Holdings Inc. surged more than 12% in premarket trading Wendsday after the company announced better-than-expected second-quarter results and said it made significant progress in terms of capital efficiency.

eBay Inc. reported second-quarter revenue that beat expectations and an upbeat profit outlook, evidence that a new focus on luxury items and collectibles is helping offset slowing sales and customer traffic.

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On Monday, Call of Duty maker Activision Blizzard announced second quarter 2022 results that beat analysts' expectations on revenue but fell short on the bottom line as the industry contends with a slowdown from its pandemic-era highs.

After a three-day bombardment of earnings reports from mega-cap tech companies last week, Amazon was the big winner, posting better-than-expected results that spurred a sharp rise in the stock on Friday.

On Thursday, investors were encouraged by Apple's quarterly results that were "just good enough" to ease concerns about a strong dollar, inflation, chip shortages, and COVID-19 precautions in China.

Driven by demand for cloud computing services, Microsoft Corp. on Tuesday forecasted revenue this fiscal year would grow by double digits in sales and operating income in fiscal 2023.

In a surprise business update on Monday, Walmart revealed guidance for adjusted earnings per share to fall between 8% and 9% for the second quarter and around 11% and 13% for the full year, sending shares down 9% in U.S. premarket trading.

Last week, shares of Verizon Communications Inc. (NYSE:VZ) plunged to their biggest drop in 14 years after the company said cash-strapped customers and stiffer competition would pressure its business through the end of the year.

On Monday, International Business Machines, better known as IBM, reported better-than-expected quarterly revenues, rising 9% year-over-year to $15.5 billion on strong demand for the company's AI and hybrid cloud products.