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Streaming Service Drives Increase In Disney Shares Price

Streaming Service Drives Increase In Disney Shares Price

Disney shares jumped in pre-market trading as the firm reported better than expected revenues and profits, thanks in part to growth in its streaming business. Newly CEO Josh D’Amaro described demand at the company’s US amusement parks as “healthy,” but said the company is “mindful of the macroeconomic uncertainty consumers are facing today”. Profits in...