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Disney Posts Solid Results on Streaming, Parks Demand, Plans Abu Dhabi Park

The entertainment giant’s shares surged more than 10 percent during morning trading on May 7.
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Disney Posts Solid Results on Streaming, Parks Demand, Plans Abu Dhabi Park
Cinderella Castle at Walt Disney World's Magic Kingdom, in Lake Buena Vista, Fla., on July 14, 2023. John Raoux/AP Photo
Panos Mourdoukoutas
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News Analysis

The Walt Disney Company’s shares surged during morning trading on May 7 after reporting solid second-quarter results for fiscal 2025, driven by strong demand for its streaming and theme park services. The results defied concerns about a slowdown in consumer spending. The company also announced plans to open its first theme park in the Middle East.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”