Sturdy Streaming Numbers Indicate a Turnaround at Walt Disney (DIS)
Walt Disney’s (DIS) Q2 FY2025 results revealed a pleasant surprise last week. The entertainment conglomerate’s stock jumped 10% after it announced that its Disney+ subscriber count jumped 1.1% to 126 million, beating estimates of around 123.3 million. Meanwhile, despite macroeconomic pressures, Disney’s entertainment segment saw revenues climb 9%, thanks to a strong domestic performance. The sparkling quarter comes just a couple of years after its CEO, Bob Iger, oversaw a strategic restructuring