Disney's Streaming Success Boosts Stock and Investor Confidence

Disney's Q4 earnings exceeded expectations, driven by strong streaming performance and box office hits "Inside Out 2" and "Deadpool & Wolverine." The company reported a profit of $460 million, with adjusted earnings of $1.14 per share, surpassing analyst predictions. Revenue rose 6% to $22.57 billion, slightly below estimates. Disney's direct-to-consumer segment, including Disney+ and Hulu, achieved profitability, with a 15% revenue increase. CEO Bob Iger expressed optimism about future growth, highlighting the synergy between successful films and streaming viewership.