Why These 10 Stocks Soared Today

7. The Walt Disney Company (NYSE:DIS)

Walt Disney surged by 10.76 percent on Wednesday to end at $102.09 apiece following an impressive earnings performance for the first semester of fiscal year 2025.

In its latest earnings release, The Walt Disney Company (NYSE:DIS) said that it swung to an attributable net income of $3.275 billion in the second quarter ending March 2025, from a net loss of $20 million in the same period last year. This pushed the company’s six-month attributable net income to expand by 208 percent to $5.829 billion from $1.891 billion year-on-year.

Revenues for the second quarter alone rose by 6.88 percent to $23.6 billion from $22.08 billion, while revenues for the first half grew by 5.9 percent to $48.3 billion from $45.6 billion year-on-year.

Following the strong figures, The Walt Disney Company (NYSE:DIS) CEO Robert Iger said that the mass media and entertainment conglomerate remains optimistic about its business outlook for the remainder of the fiscal year.