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The Latest Breaking News from Comcast

Comcast hints at future layoffs, though Universal theme parks prosper

Universal Orlando and Universal’s other theme parks continued to improve parent company Comcast’s earnings last quarter, but a top executive on Thursday nonetheless raised the possibility of layoffs and other cost-cutting across the company in preparation for a potential recession next year.

Orlando Sentinel

PreMarket Prep Dissects Comcast's Q3 Earnings Rally: 'It Is Hard To Be Bullish Long-Term'

If you think that the S&P 500 being down nearly 20% for the year is bad, how about Comcast Corporation (NASDAQ: CMCSA)'s 33% plunge?

Benzinga

Extra Money in Your Pocket? Put These 3 Stocks to Work

With the Fed on track to approve another significant interest rate hike and willing to risk recession to bring inflation under control, the stock market is expected to remain under pressure in the upcoming months. Hence, it would be wise to invest in fundamentally strong stocks Comcast (CMCSA), Hackett (HCKT),…

StockNews.com

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Comcast Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on Comcast (NASDAQ:CMCSA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

2 Stocks to Buy in October and Hold Forever

Better-than-expected corporate earnings and stubbornly high inflation numbers may be enough to convince the Fed to continue with its aggressive rate hikes, thereby dampening market sentiments. With the market volatility set to continue in the foreseeable future, it could be wise to buy fundamentally strong stocks Comcast (CMCSA) and Energy…

StockNews.com

If You Invested $1,000 In Comcast At Its Covid-19 Pandemic Low, You'd Have This Much Now

Investors who bought stocks during the Covid-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

Benzinga

Comcast will boost internet speeds in Northeast states

For the second time this year, Comcast will boost internet speeds on its most popular Xfinity customer plans, the cable giant announced Monday.

The Philadelphia Inquirer

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The Local Sports Broadcast Is About to Be Very Different

Pro sports has always been a leader in broadcast technology and a huge change is coming led by one NBA team.

The Street

News Corp and Fox Corp's Possible Consolidation, Faster Lead Times For iPhone 14 Models, Kanye West Buys Conservative Social Media Platform, Twitter Prepares Tackling Spread Of Misinformation: Top Stories Monday, Oct. 17

Wall Street Journal Rupert Murdoch Explores News Corp and Fox Corp Consolidation

Benzinga

Looking At Comcast's Recent Whale Trades

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 13, 2022

Upgrades

Benzinga

Comcast has a new company president — the first outside the founding Roberts family

Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. He is the first executive to hold the title outside the Roberts family.

The Philadelphia Inquirer

Empty offices could cause ‘fiscal doom loop’ in Philly and other big cities

PHILADELPHIA — This autumn, as big employers such as Comcast are asking employees to come back to the office at least a few days a week, the business-dominated corners of Center City are feeling more active than they have since March 2020. With the hybrid experiment in full swing —…

The Philadelphia Inquirer

Peacock review: Still a great value

In our Peacock review, we explain how NBC’s new streaming service, has improved — and where it needs to still get better

Tom’s Guide

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Tom’s Guide

Peacock TV: Cost, app, shows and more NBC streaming service details

Everything to know about NBC's Peacock TV streaming service, including plan prices, ads, apps and devices.

The Street

Meta Tops Morningstar List of Undervalued Stocks

Morningstar created a roster of the most undervalued stocks among the ones to which it assigns a wide moat.

Benzinga

Check Out What Whales Are Doing With CMCSA

Asharq Al-Awsat

Golden Globes Broadcast to Return to NBC in 2023

NBC will resume its broadcast of the Golden Globe awards for film and television in January 2023, the network said in a statement on Tuesday. The Comcast-owned network canceled its January 2022 airing of the annual ceremony, and major Hollywood studios and actors boycotted the event, following a backlash over…

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The Philadelphia Inquirer

Comcast promises energy efficiency improvements for its vast cable and internet system

PHILADELPHIA — Comcast on Monday pledged to double the energy efficiency of its vast nationwide broadband system that channels a torrent of cable and internet data into millions of homes.

The Street

Disney World Has a Villainous Answer for Universal Epic Universe

Comcast's Universal Studios has a whole new theme park coming and Disney has finally dropped some hints as to how it plans to respond.

Benzinga

NFL Posts Huge Ratings For Week 1: Here Are The Companies And Stocks That Could Benefit From A Strong Season

The first week of the National Football League 2022 season kicked off on Sept. 8 with a Thursday Night Football matchup between the Buffalo Bills and defending Super Bowl champion Los Angeles Rams. The games broadcast on Thursday, Sunday and Monday posted strong viewership figures. Here’s a look at the numbers and…

StockNews.com

The Best Cable TV Stock: Comcast vs. DISH Network

Despite the growing popularity of streaming services, cable TV remains the traditional choice for most Americans. And the industry seems poised to witness sound growth in the coming years. Cable TV giants Comcast (CMCSA) and DISH Network (DISH) are both expected to benefit from the industry tailwinds. But which is…

The Street

Disney Stock Gains On Bullish Chapek Comments, More Talk Of Hulu Takeover

Disney CEO Bob Chapek wants to wrap-up a deal for Hulu, but Comcast boss Brian Roberts said the price is rising.

Benzinga

Apple Spent Billions To Get Soccer, But You Can't Pay Them To Take This Content

The old adage for media companies is “content is king,” and the world of streaming platforms has put sports media rights in focus. Live sports continue to generate huge viewership and command premium advertising dollars, but one league was rejected by a major streaming platform.

Investors Business Daily

Comcast Sets Bigger Stock Buyback Amid Slowing Broadband Growth

Comcast stock climbed after the company announced a bigger stock buyback amid slowing growth in high-speed internet services.

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