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News Corporation Class A NWSA - News Analyzed: 2,265 - Last Week: 66 - Last Month: 419

⇗ News Corporation Class A (NWSA): Extends Share Buyback, Forges OpenAI Partnership, and Faces Leadership Changes

News Corporation Class A (NWSA): Extends Share Buyback, Forges OpenAI Partnership, and Faces Leadership Changes
Toronto Dominion Bank decreased its NWSA stock holdings. Despite losses on a particular day, News Corp Cl A outperforms its competitors. News Corp announced its Q3 2024 Earnings Call Transcript and expanded its share buyback program. The share prices saw a jump following a report of an activist investor intending to make changes. News Corp confirmed a multi-year deal with OpenAI. Share purchases for NWSA were seen from Bessemer Group Inc., Mitsubishi UFJ Trust & Banking Corp and BI Asset Management Fondsmaeglerselskab A S while Vanguard Group Inc. sold its shares. The company's stock hit a new 52-week high at $28.03. Following shareholder activism and significant leadership changes, including Rupert Murdoch stepping down as chairman, News Corp is looking towards AI gains for growth. The company faces an uncertain future due to significant executive changes and the need for restructuring in the wake of a slowdown in advertising revenue.

News Corporation Class A NWSA News Analytics from Fri, 29 Jun 2012 07:00:00 GMT to Sun, 28 Jul 2024 12:55:09 GMT - Rating 4 - Innovation 2 - Information -1 - Rumor 3

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