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Telecom Turmoil: Comcast Rises 7% on Media Spinoff, AT&T Falls 5% on CFO Exit and Starlink Threat, Verizon Sinks 7% on Dow Exit
24/7 Wall St.38d agobearish
Telecom Turmoil: Comcast Rises 7% on Media Spinoff, AT&T Falls 5% on CFO Exit and Starlink Threat, Verizon Sinks 7% on Dow Exit

U.S. telecom and media giants are moving in opposite directions in midday trading. Comcast (NASDAQ:CMCSA) stock is up 7% to $24.76, while AT&T (NYSE:T) stock is down 5% to $21.52, and Verizon (NYSE:VZ) stock is down 7% to $43.29. The split reflects three distinct catalysts hitting the sector at once. Comcast is rallying on a ... Telecom Turmoil: Comcast Rises 7% on Media Spinoff, AT&T Falls 5% on CFO Exit and Starlink Threat, Verizon Sinks 7% on Dow Exit

Missed the Historic SpaceX IPO? 1 Reason Why SPCX Is Still a Screaming Buy
24/7 Wall St.38d agoneutral
Missed the Historic SpaceX IPO? 1 Reason Why SPCX Is Still a Screaming Buy

SpaceX (NASDAQ:SPCX) went public on Nasdaq on June 12, 2026 in a roughly $75 billion offering, ran to a peak of $225.64 on June 16, then gave back about 18% on the week to land near $147 to $148 by June 23 to 26. As of this morning SpaceX is trading at $155. If you ... Missed the Historic SpaceX IPO? 1 Reason Why SPCX Is Still a Screaming Buy

Factbox-Comcast spinoff latest in wave of US media shakeups
Reuters38d agoneutral
Factbox-Comcast spinoff latest in wave of US media shakeups

Comcast's decision to spin off its NBCUniversal and Sky businesses marks the latest ‌effort by a major U.S. entertainment company to ‌separate or reshape legacy television assets as cord-cutting accelerates and streaming ​upends the industry. The move follows years of sweeping strategic overhauls across the sector, with companies pursuing mergers, breakups, asset sales and lowered spending to sharpen focus and compete ‌more effectively in ⁠an increasingly digital media landscape.

Comcast to split cable business from media through NBCUniversal, Sky spinoff
Reuters38d agoneutral
Comcast to split cable business from media through NBCUniversal, Sky spinoff

Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its ‌cash-generating broadband arm from a media and entertainment business ‌under pressure from streaming rivals and industry consolidation. The latest U.S. media industry shake-up follows years of cord-cutting as legacy players chase scale to better compete with Netflix while Paramount Skydance's $110 billion deal for Warner Bros Discovery is ‌set to boost competition. Comcast, ⁠which leans on cable for much of its cash flow, is also losing broadband customers to fixed wireless ⁠offerings from T-Mobile and Verizon and to fiber rivals building out networks.

Danaher (DHR) Completes $9.9B Acquisition of Masimo Corporation
Insider Monkey38d agoneutral
Danaher (DHR) Completes $9.9B Acquisition of Masimo Corporation

Danaher Corporation (NYSE:DHR) is one of the best long term stocks to buy according to hedge funds. On June 10, Danaher completed its acquisition of Masimo Corporation, a specialist in pulse oximetry and patient monitoring solutions. Masimo will now function as a standalone operating company within Danaher’s Diagnostics segment, retaining its original brand identity while […]

Veeva Systems Inc. (VEEV) Acquires Copli and Launches Veeva Falcon MLR
Insider Monkey38d agoneutral
Veeva Systems Inc. (VEEV) Acquires Copli and Launches Veeva Falcon MLR

Veeva Systems Inc. (NYSE:VEEV) is one of the 10 Best AI-Powered Healthcare Stocks to Buy According to Hedge Funds. On June 23, Veeva Systems Inc. (NYSE:VEEV) announced that it acquired Copli and launched Veeva Falcon MLR. It made the agentic medical, legal, and regulatory content-review platform available immediately. The firm said Veeva Falcon MLR automates […]

TeraWulf (WULF) Acquires Kentucky Data Campus To Expand AI And HPC Footprint
Simply Wall St.39d agoneutral
TeraWulf (WULF) Acquires Kentucky Data Campus To Expand AI And HPC Footprint

TeraWulf (NasdaqCM:WULF) has acquired the Muskie Data Campus in Kentucky to expand its hyperscale digital infrastructure footprint. The new site is intended to support high performance computing and AI focused operations as part of the company’s broader data center build out. The move adds a new geographic location to TeraWulf’s portfolio at a time when interest in AI related compute capacity remains elevated. TeraWulf is drawing fresh attention with the Muskie Data Campus acquisition as...

Broadcom Inc. (AVGO) is Avoiding Acquisitions in Favor of AI Organic Development
Insider Monkey39d agoneutral
Broadcom Inc. (AVGO) is Avoiding Acquisitions in Favor of AI Organic Development

Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best Semiconductor Stocks to Buy According to Billionaires. since Chief Executive Officer Hock Tan stated that accelerating artificial intelligence growth is a stronger driver of returns. Tan said at the Bloomberg Tech conference that “artificial intelligence revenue is surging” and that “what can I buy that would […]