Comcast Corp is a global telecommunications conglomerate that primarily operates in the media and entertainment sectors. The company provides a wide range of services, including high-speed internet, cable television, and digital voice services, primarily to residential customers. In addition to its telecommunications operations, Comcast owns and operates NBCUniversal, which encompasses a diverse portfolio of news, sports, and entertainment networks, as well as film production and theme parks. Through its various businesses, Comcast aims to deliver innovative technology and compelling content, connecting customers to the entertainment they love and the communications they rely on. Read More
Comcast Corporation (NASDAQ: CMCSA) today announced that its Board of Directors (the “Board”) has approved the previously announced separation of a strong portfolio of cable television networks and complementary digital platforms from its remaining businesses, and the creation of an independent, publicly traded company named Versant Media Group, Inc. (“Versant”).
Comcast has reached a major milestone in Mahoning County, connecting 12,000 homes and businesses in Poland and Boardman, Ohio, to multi-gigabit, symmetrical Internet from America’s smartest and most reliable converged network. As a new connectivity provider in Poland Village, Poland Township, and Boardman Township, Xfinity brings Internet, mobile, entertainment, and smart home services together to give customers more speed, savings, and control over their connected lives.
Stocks clawed back Monday’s losses as cyclicals, AI plays and crypto-related names all caught a bid, while the bond market and the Fed quietly set the tone in the background.
Shares of global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD)
jumped 3.2% in the afternoon session after reports revealed that streaming giant Netflix made a mostly cash offer to acquire the company.
Bloomberg reported on Monday, citing people familiar with the matter, that bankers for Paramount Skydance Corp., Comcast Corp. and Netflix worked over the long weekend on improved offers for all or part of Warner Bros.
Comcast's CEO Brian Roberts is bidding for Warner Bros. Discovery to boost its media portfolio, with a potential offer higher than Paramount and Netflix.
Although Comcast Corporation has underperformed the Nasdaq Composite over the past year, analysts remain fairly bullish about the stock's growth potential.
Comcast Business, the largest provider of connectivity to small businesses in America, today announced a powerful new suite of advanced solutions and upgrades designed to help keep small businesses connected, protected, and prepared ahead of the holiday rush – and beyond.
Comcast has gotten torched over the last six months - since May 2025, its stock price has dropped 21.7% to $27.37 per share. This may have investors wondering how to approach the situation.
