Walt Disney (DIS) Stock Surge Driven By Theme Parks

Published: Aug. 12, 2022, 4:42 p.m.

b'"Walt Disney (DIS) earnings surge was largely driven by their theme 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.'