Comcast on Thursday posted quarterly revenue that topped Wall Street estimates, bolstered by strong performance in streaming and theme parks, but also...
NEW YORK - Comcast on Thursday posted quarterly revenue that topped Wall Street estimates, bolstered by strong performance in streaming and theme parks, but also reported a surprise loss in broadband customers.
In its third set of results under a new reporting structure that includes NBCUniversal in the content and experiences segment, Comcast reported a .8% increase in revenue in the unit to $10.56 billion in the quarter.Revenue at the company’s Peacock streaming service rose 64% from a year earlier. Paid subscribers increased by 4 million in the third quarter, to 28 million, from the 24 million reported in the previous quarter.
Ruffer, a UK-based fund known for winning bets made in the volatility market, is now hoping for a big upswing in the Japanese yen.High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of a GM-Honda partnership and a warning from a battery maker.
A biotech firm founded by Vivek Ramaswamy turned $15 million into $5 billion by flipping a bowel-disease treatment that Pfizer gave it for free
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