Disney Reports an Increase in Subscriber Numbers and Significantly Boosted Earnings in the Streaming Sector

The Walt Disney stock rose by about 11% on May 7, 2025, showing a positive reaction to the latest quarterly figures. Furthermore, the company reported plans for a new theme park in Abu Dhabi. The latest quarterly report contains some promising signs Let's first take a look at the streaming business. Disney reported a slight increase in subscriber numbers, while Wall Street had predicted a slight decline. This suggests that price increases have not affected overall demand. In the last quarter, revenue increased by 7% and there was a profit of...