Some of the biggest telecommunications stocks just posted their steepest quarterly declines in two decades amid pressures both new and old on the cable and wireless industries. Shares of wireless Read more
Tag: Comcast
Walmart considers Disney, Comcast, Paramount for streaming deal
Walmart Inc. is looking to add a large video streaming service to its Walmart+ membership program as the retailer amps up its competition with Amazon.com Inc., according to people familiar with the situation. Walmart Read more
Comcast, Charter stocks downgraded as Barclays says companies are ‘likely past peak growth’
In the wake of negative broadband subscriber growth at Comcast Corp. and Charter Communications Inc. last week, Barclays analyst Kannan Venkateshwar is taking a more cautious view on the cable Read more
Comcast stock slide continues as subscriber pressures send some analysts packing
Shares of Comcast Corp. were extending their decline Friday, falling 5% in morning trading after dropping 9% in Thursday’s session. Comcast CMCSA, -7.17% on Thursday posted better-than-expected earnings and revenue Read more
Comcast stock heads for worst slide since 2008 as earnings show broadband growth screeching to halt
The pandemic-fueled broadband party is officially over, as Comcast Corp. netted no new internet additions in its latest quarter. Comcast CMCSA, -9.56% and its cable peers benefitted earlier in the Read more