Disney's flagship sports app will soon be renamed to 'ESPN'. This decision comes off the back of the company's strong Q2 2025 earnings which caused a 10% stock rally. Various investment firms, such as Cetera Investment Advisers and Bridgeway Capital Management, have begun selling off shares of The Walt Disney Company (DIS). With positive news such as surpassing earnings estimates, a 20% YoY gain in adjusted EPS and six months earnings for fiscal 2025, and plans to build a new theme park in the Middle East, the company's stock is a notable subject of discussion among many entities including billionaire Mario Gabelli, who picks the company as a large-cap stock with enormous upside potential.
Despite the company's stock performance and strategic moves, challenges such as declining park business expectations are faced. Media personality Jim Cramer remarked on the company's return to the 'danger zone' after the departure of Nelson Peltz. Amid all these developments, Deutsche Bank AG sold a substantial amount of Disney shares and several advisors and investors adjusted their stakes in Disney stock. Disney remains a favorite among billionaire stock pickers as a solid bet over the longer term.
The Walt Disney Company DIS News Analytics from Mon, 24 Mar 2025 07:00:00 GMT to Sat, 10 May 2025 19:14:08 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -2
