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Comcast posts mixed results, weighed down by film studio, theme parks
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Comcast (CMCSA) earnings Q2 2024

Comcast reported mixed results before the bell Tuesday, missing on revenue estimates due to tough year-over-year comparisons for its film studio and theme parks. The company’s streaming service, Peacock, however, continued to make gains. Comcast’s stock was down roughly 4% in early trading. Here is how Comcast performed, compared with estimates from analysts surveyed by...

SoftBank posts $6.2 billion loss after WeWork files for bankruptcy
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SoftBank gets $7.6 billion T-Mobile stake windfall, shares soar

Signage at a SoftBank Corp. store in the Ginza district of Tokyo, Japan, on Wednesday, Nov. 1, 2023. Kiyoshi Ota | Bloomberg | Getty Images Shares in SoftBank Group jumped 5% on Wednesday after the Japanese tech conglomerate said it would receive shares in telco T-Mobile U.S. worth some $7.59 billion at no additional cost. Masayoshi Son’s conglomerate said late on Tuesday...