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Comcast Corp - CMCSA STOCK NEWS

Welcome to our dedicated news page for Comcast (Ticker: CMCSA), a resource for investors and traders seeking the latest updates and insights on Comcast.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Comcast's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Comcast's position in the market.

Rhea-AI Summary
Comcast remains dedicated to closing the digital divide through various initiatives like the Affordable Connectivity Program (ACP) and Internet Essentials. More than 23 million households, including military families, have benefited from the ACP. Comcast is urging Congress and the White House to extend the ACP to ensure continued connectivity for Americans. Comcast offers various initiatives like ACP credits, Internet Essentials, Internet Essentials+, Xfinity Mobile Savings, NOW WiFi Pass, Lift Zones, and Internet Essentials Partnership Program to help bridge the digital gap and keep people connected.
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Comcast (NASDAQ: CMCSA) reported strong 1st Quarter 2024 results with double-digit growth in Adjusted EPS and free cash flow. Revenue increased by 1.2%, net income was up by 0.6%, and Adjusted EBITDA margin improved. The company returned $3.6 billion to shareholders and experienced growth in broadband ARPU. Peacock remains a fast-growing domestic streamer with revenue and subscriber increases.
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Comcast introduces WiFi Boost, providing gig speeds to Xfinity Mobile and Comcast Business Mobile customers on millions of WiFi hotspots. With 90% of mobile data traffic on Xfinity Mobile devices traveling over WiFi, customers can now enjoy faster speeds for streaming, gaming, and more. The WiFi Boost upgrade is powered by Comcast's fiber-based network, offering reliable connectivity, advanced cybersecurity protection, and access to streaming content. Xfinity Mobile also offers unlimited data plans for Xfinity Internet customers, with savings for adding more lines and free international calling and texting features.
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Comcast Business has expanded its cybersecurity portfolio with the launch of its Managed Detection and Response (MDR) solution. The MDR service combines advanced security analytics and a Security Operations Center to help medium and large enterprises detect, analyze, and mitigate cyber threats. It offers 24/7 monitoring, advanced threat detection using AI and machine learning, expertise from a Security Operations Center, fast incident response, and compliance reporting.
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Comcast RISE announces grants for 500 small businesses in five regions, offering coaching, education resources, $5,000 grants, creative production, media schedules, and technology makeovers. The program aims to support economic growth, diversity, equity, and inclusion. Comcast has awarded over $125 million to 13,500 small businesses. Applications open on May 1 for businesses in Atlanta, Houston, Jacksonville, Richmond, VA, and southern Colorado. Grant packages include coaching sessions, education resources, monetary grants, creative production, and technology makeovers. Comcast RISE is part of Project UP, a $1 billion commitment to digital equity.
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Comcast NBCUniversal has been named one of the Top 10 Companies to Work for in the U.S. by Fortune Media and Great Place To Work(R) for the second consecutive year. This recognition highlights the company's commitment to creating a positive work environment for its employees.
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Xfinity/Comcast (NASDAQ: CMCSA) faces a significant data breach impacting over 35.8 million customers, leading to compromised personal information. The company is offering compensation to affected individuals.
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Comcast introduces NOW, a new brand offering quality, low-cost Internet, mobile, and streaming TV products. NOW Internet provides reliable prepaid service at better prices than fixed wireless options. NOW Mobile offers unlimited 5G data and access to millions of WiFi hotspots. The products feature all-in pricing, no contracts, and can be purchased month-to-month. NOW aims to cater to consumers seeking affordable, easy-to-use connectivity options without compromising quality.
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Comcast announces Comcast RISE program to support small businesses in Atlanta with grant packages and resources to advance digital literacy and equity. The program includes coaching sessions, education resources, a $5,000 monetary grant, creative production, media schedules, and technology makeovers. The goal is to help entrepreneurs grow their businesses and close the digital divide in Atlanta.
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Comcast (NASDAQ:CMCSA) experienced a significant data breach impacting over 35.8 million Xfinity customers. The breach exposed sensitive data including usernames, hashed passwords, names, contact details, partial social security numbers, dates of birth, and secret questions and answers. This incident raises concerns about the security measures in place and the potential repercussions for affected customers and the company's reputation.
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Comcast Corp

Nasdaq:CMCSA

CMCSA Rankings

CMCSA Stock Data

156.37B
3.93B
0.76%
88.26%
1.18%
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Link
US
Philadelphia

About CMCSA

Comcast Corporation, incorporated and headquartered in Philadelphia, is the largest American multinational telecommunications and media conglomerate.