In this video, I will go over Walt Disney's (NYSE: DIS) fiscal first-quarter earnings report for the period ended Dec. 31, which showed great progress on profitability. Disney also plans to invest $1.5 billion in Fortnite maker Epic Games. This is a smart move.

*Stock prices used were from the trading day of Feb. 7, 2024. The video was published on Feb. 8, 2024.

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Source Fool.com