Disney (DIS) stock popped after the company announced an earnings beat and a promising outlook. CFO Hugh Johnston told Yahoo Finance, "The magic is back at Disney." Senior Reporter Alexandra Canal joins Wealth! Host Brad Smith to share her takeaways from Disney's earnings call. Canal highlights CEO Bob Iger's comments on mergers and acquisitions (M&A), consumer demand for the parks business, and updates on the upcoming ESPN flagship launch.

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This post was written by Naomi Buchanan.