Comcast Corp
Stocks making the biggest moves premarket: Target, Dolby Labs, Nio, Netflix and more
Check out the companies making headlines before the bell. Target – Shares plunged more than 17% after the Minneapolis-based retailer missed third-quarter earnings and revenue estimates and slashed its full-year guidance, just three months after raising that forecast. Target cited only a slight uptick in customer traffic and its CEO noted “lingering softness in discretionary […]
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Stock futures are little changed as Wall Street braces for Nvidia’s quarterly results: Live updates
Traders work on the New York Stock Exchange (NYSE) floor on November 12, 2024 in New York City. Spencer Platt | Getty Images Stock futures hovered near the flatline on Tuesday evening, as investors looked toward a key earnings report from tech giant Nvidia. Futures tied to the Dow Jones Industrial Average ticked up by […]
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Comcast will announce the spinoff of cable networks Wednesday, CNBC source says
The Comcast NBC logo is shown on a building in Los Angeles, California, June 13, 2018. Mike Blake | Reuters Comcast is moving forward the spinoff of its cable network channels, a source familiar with the matter told CNBC’s Julia Boorstin on Tuesday. The separation is expected to take about a year, and an announcement […]
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NBA, Warner Bros. Discovery agree to settle lawsuit over live game rights
NBA Commissioner Adam Silver at the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. David Grogan | CNBC Warner Bros. Discovery agreed to end its quest to own a package of live National Basketball Association games in the U.S. for the 2025-26 season and beyond, settling all of its legal […]
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AMC is poised to ride the box office rebound, as long as its debt doesn’t get in the way
Cars drive near an AMC Theater in New York City on March 29, 2023. Leonardo Munoz | View Press | Corbis News | Getty Images The domestic box office is on the rebound, having posted its highest third-quarter ticket sales since the pandemic. The world’s largest movie theater chain, however, isn’t on such solid footing. […]
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Trump taps Brendan Carr to chair Federal Communications Commission
Brendan Carr speaks during a House Committee on Energy and Commerce Subcommittee on Communications and Technology Hearing titled Connecting America. The Washington Post | The Washington Post | Getty Images President-elect Donald Trump will tap Brendan Carr, a critic of the Biden administration’s telecom policies and Big Tech, as chairman of the Federal Communications Commission, he said […]
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Disney is turning record parks profits — even before its big expansions
People walk in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images All is well in the Magic Kingdom. Disney’s theme park division posted record revenue and profit in fiscal 2024, with revenues rising 5% for […]
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Disney earnings offer hope that streaming can successfully supplant linear TV
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney might be proving the world’s most famous investor wrong. Last year, Warren Buffett, “The Oracle of Omaha,” told CNBC’s Becky Quick he had no faith in the […]
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Disney doesn’t plan to change its TV networks portfolio anytime soon
Scene from the FX series Shogun. Source: Disney | FX Disney has done the math on separating its TV networks business, and it appears too messy to be done — at least for now. The company’s Chief Financial Officer, Hugh Johnston, said Thursday on CNBC’s “Squawk Box” that the “cost is probably more than the […]
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Here’s what to expect when Disney reports before the bell
A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images Disney will report its fiscal fourth-quarter earnings before the bell on Thursday, and Wall […]
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