Invesco QQQ (QQQ): ETF Research Reports This would illustrate a draw-down after two straight months of 75 bps hikes, and would suggest the Fed may have already passed through its hottest crucible on its way to curb four-decade-high inflation. If we can possibly stand it, there is actually more good news out this afternoon, and this is the Q2 earnings statement from The Walt Disney Company DIS, which not only beat comfortably on both top and bottom lines, but did so in segments investors have long been waiting to see get to this point.