Fox Corporation (FOXA) has reported varying quarterly figures, with Q3 and Q1 earnings for fiscal 2024, notably surpassing estimates while Q2 figures witnessed a dip. Fund managers including Gabelli Funds LLC and Mitsubishi UFJ Trust & Banking Corp have adjusted their positions in FOXA. UniSuper Management Pty Ltd and Edgestream Partners L.P. are increasing their holdings. Partnerships are significant as FOXA has announced extensive advertising integrations with Trade Desk across its portfolio. On a corporate level, FOX Corp ushered in its inception as a standalone publicly traded company, even ringing the opening bell. In substantial operational developments, the firm revealed its 'FOX Future' studio lot project and announced the formation of Tubi Media Group. Nevertheless, the company experienced a decline in market value following the departure of news network figure Tucker Carlson. They also weathered a quarterly loss, despite Super Bowl and Tubi boosts, due to a settlement with Dominion—and clarified that Fox News and Dominion Voting are separate entities. Significant, the company saw FOX Bet closing with Flutter Entertainment plc.
Fox Corporation Class A FOXA News Analytics from Fri, 28 Jun 2013 07:00:00 GMT to Sun, 28 Jul 2024 18:00:03 GMT -
