Disney reports a $2.6 billion quarterly profit, up 34%, driven by "Moana 2" and streaming growth.

Disney reported a strong quarterly profit of $2.6 billion, up 34% from last year, largely due to the success of "Moana 2" and growth in its streaming business, despite a slight drop in Disney+ subscribers. Revenue increased by 5% to $24.7 billion. The company plans to launch a new ESPN product in fall and is seeing increased amusement park revenue, though profits were affected by Hurricane Milton.

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