Disney Films, Parks Lift Profit in Debut Quarter For New CEO

Walt Disney Co. posted stronger results than Wall Street expected thanks to improved profitability at its streaming business, new Avatar and Zootopia movies, and guests spending more at the company’s resorts and on cruises.

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Bloomberg Markets

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Uber and Disney are seeing the same remarkable dynamic in this economy. Both stocks are surging

Uber and Disney pointed to a resilient spending backdrop, with consumers continuing to shell out for rides, food delivery, vacations and theme park trips.

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