HomeInvestingEarningsWalt Disney (DIS) Stock Surge Driven By Theme Parks
Walt Disney (DIS) Stock Surge Driven By Theme Parks

"Walt Disney (DIS) earnings surge was largely driven by their parks, experiences, and product divisions. Walt Disney cut expectations on streaming, but raised prices, which is a bet on stickiness. The company gives a good picture of what is happening with consumers," says Josh Strange. "India's Hotstar makes up 36% of Disney+ total user base. The streaming sector was starting to look like a headwind but is delivering. A slowdown in economy in 2023 can hamper theme parks as well," Hatem Dhiab adds.

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