Walt Disney (DIS) shares surged after a strong earnings beat, driven by better-than-expected streaming growth. The company reported a 1.4 million increase in Disney+ subscribers, defying earlier expectations of a decline. However, David Phillips, notes that potential tariffs on content produced outside the U.S. could impact Disney's global distribution and production costs. Despite these concerns, Phillips remains bullish on Disney's long-term prospects.
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08 May 2025
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