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Technology stocks were trading higher in premarket trading Monday as the looked set to finally snap its five-day losing streak. Semiconductor companies, other artificial-intelligence stocks, and the Magnificent Seven were among those rebounding to start the week. Microsoft jumped 2% ahead of the open, while Amazon Alphabet Nvidia Meta and Tesla were all up around 1%.
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.
Comcast, which owns Xfinity, is now offering a convenient new service for internet customers as it struggles to prevent them from switching to its rivals. In 2025, Comcast lost more than 700,000 internet customers after it faced criticism for raising prices on its Xfinity services and removing its ...
Investing.com -- Digital infrastructure company ITG plans to raise up to $429.3 million through its initial public offering on the Nasdaq, the Hendersonville, Tennessee-based firm said Monday.
Nation-state cyberattackers are increasingly using residential proxy networks to mask their traffic, turning everyday electronics into a massive global threat.
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.99%. June E-mini S&P futures (ESM26 ) fell -1.19%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.15%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. June E-mini S&P futures (ESM26 ) are down -0.17%, and June E-mini Nasdaq futures...
Investing.com -- The 2026 FIFA World Cup, the largest in the tournament’s history with 48 teams, 104 matches and 16 host cities across the United States, Canada and Mexico, is expected to generate measurable but largely short-lived gains for a select group of U.S. companies, while media engagement may provide a more durable revenue opportunity than in-person attendance, according to analysts at Barclays.
Comcast’s first big test on becoming a big player in regional theme parks begins July 1. It will feature attractions based on popular franchises such as “Minions,” “Shrek,” and “Spongebob Squarepants.” Unlike its landmark destinations in Florida and California, the theme park will compete with existing regional parks in the Dallas-Fort Worth area, including the original Six Flags park and a Peppa Pig Theme Park.
Nvidia’s Huang has a plan, consumer sentiment hovers near five-year low, Ferrari unveils electric car, and more news to start your day.
(Bloomberg) -- The Mandalorian and Grogu, the first film in the Star Wars franchise in seven years, was the highest-grossing movie in the US and Canada over the four-day holiday weekend with $100 million in ticket sales. Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch To
Star Wars returned to theaters at the top of the box-office charts after a seven-year absence, but it didn’t quite hit lightspeed. While hardly a flop, the movie will virtually match 2018’s “Solo: A Star Wars Story,” the least-successful film since Disney acquired George Lucas’s science-fiction franchise in 2012. Expectations for “The Mandalorian” were more muted given its lower budget and roots on the small screen.
Shares in Versant Media rose to as high as $45 a share premarket, putting the stock within breathing distance of its initial opening price of $45.17 a share. In its second quarterly report since its spinoff from Comcast in January, Versant reported lower revenue and profit, but did better than Wall Street expected, prompting shares to rally as much as 15% ahead of the opening bell. Shares in Versant, which is home to got cable networks including CNBC, MS NOW and E!, got off to a rocky start after listing on the Nasdaq, dropping as low as $27.42 in February before they started to claw their way back up.
Arlo Technologies (NYSE:ARLO) reported record first-quarter 2026 revenue and earnings, with management pointing to rapid growth in paid accounts, higher average revenue per user and expanding services margins as the main drivers of the quarter. CEO Matt McRae described the period as a “spectacular
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