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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 partners with local nonprofits to install Lift Zones, providing free WiFi for families. The program helps bridge the digital divide, offering essential resources and digital skills. Teens at the Ralph J. Roberts Boys & Girls Club showcase the impact. Lift Zones are part of Project UP, with over 1,250 zones nationwide. A study shows high satisfaction among users and potential future benefits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.99%
Tags
none
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Rhea-AI Summary
Xfinity/Comcast (NASDAQ: CMCSA) experienced a significant data breach, impacting over 35.8 million Xfinity customers. Personal data including usernames, hashed passwords, names, contact information, partial social security numbers, dates of birth, and secret questions and answers were compromised.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.51%
Tags
none
-
Rhea-AI Summary
Comcast and the U.S. Conference of Mayors announced a $1.5 million grant awards program called Talent for Tomorrow: Digital Equity Challenge. The initiative aims to support workforce programs, bridge the digital skills gap, and promote economic mobility in under-resourced communities. The Challenge will provide grants to 10 cities to enhance workforce participation and access to opportunities. The joint initiative is expected to deepen the partnership between Comcast and Mayors to address digital equity challenges in today's economy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.51%
Tags
none
Rhea-AI Summary
Xfinity/Comcast (NASDAQ:CMCSA) experienced a significant data breach, impacting over 35.8 million customers. The breach compromised sensitive personal information, including usernames, hashed passwords, contact details, social security numbers, and more.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
none
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Rhea-AI Summary
The press release discusses the impact of the Affordable Connectivity Program (ACP) on millions of Americans and the urgent need to renew funding for the program. A study by the Benenson Strategy Group supported by Comcast found that the ACP has been beneficial for millions of households, particularly for military families, residents of the South, and those living in rural areas. The study also highlights the potential consequences if the program is discontinued, including missed job opportunities, job loss, children falling behind in school, and overall impact on people's financial well-being.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.51%
Tags
none
-
Rhea-AI Summary
The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine has announced NXP Semconductors N.V. as its 'Stock to Study' and Comcast Corp. as its 'Undervalued Stock' in the April 2024 issue. The announcement emphasizes the importance of focusing on the fundamentals, including earnings, of individual companies, particularly in a market with record-breaking highs of various indices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.51%
Tags
none
Rhea-AI Summary
Comcast Corporation (NASDAQ: CMCSA) has increased its dividend by $0.08, or 6.9% year-over-year, to $1.24 per share on an annualized basis for 2024. The Board of Directors declared a quarterly cash dividend of $0.31 a share, payable on April 24, 2024. Additionally, the Board approved a new share repurchase program authorization of $15 billion, effective as of January 26, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.36%
Tags
buyback dividends
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News
Rhea-AI Summary
Comcast Corporation (NASDAQ: CMCSA) reported record-breaking financial performance for the fourth quarter and full year of 2023. Revenue increased by 2.3% in the fourth quarter and 0.1% for the full year, with net income attributable to Comcast increasing by 7.8% and adjusted EBITDA increasing by 3.2% for the full year. The company returned $16 billion to shareholders and maintained a healthy balance sheet, while also investing in future growth. Connectivity & Platforms businesses saw strong revenue and adjusted EBITDA growth, with domestic broadband average rate per customer increasing by 3.9% and driving domestic broadband revenue growth of 3.7% in the fourth quarter. Peacock, the company's streaming service, experienced significant growth, with paid subscribers increasing nearly 50% compared to the prior year period to 31 million. Comcast also announced an increase in its dividend for the 16th consecutive year, reflecting the Board's confidence in the company's future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.36%
Tags
none
-
Rhea-AI Summary
Xfinity/Comcast (NASDAQ:CMCSA) experienced a significant data breach, impacting over 35.8 million customers. The breach compromised sensitive personal information, including usernames, hashed passwords, contact details, partial social security numbers, dates of birth, and secret questions and answers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
none
Rhea-AI Summary
Xfinity/Comcast (NASDAQ:CMCSA) experienced a significant data breach, impacting over 35.8 million customers. The breach compromised sensitive personal information, including usernames, hashed passwords, contact details, social security numbers, and secret questions and answers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
none
Comcast Corp

Nasdaq:CMCSA

CMCSA Rankings

CMCSA Stock Data

156.37B
3.93B
0.76%
88.26%
1.18%
Cable and Other Subscription Programming
Information
Link
US
Philadelphia

About CMCSA

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