News Corporation has been a topic of extensive discussion lately in the context of its steady stock performance, repurchase programs, and analyst predictions. The media giant launched a
$1 billion stock buyback, likely contributing to its steady performance in the market despite some underperformance compared to the NASDAQ. Meanwhile, activist investor Starboard has been pushing for the company to eliminate its
dual-class shares, a move that could redefine its shareholder structure. On a different note,
Goldman Sachs believes that News Corporation has a high consensus Return On Equity, indicating that it is a promising long-term AI stock. Controversies have also emerged, including a lawsuit filed by the company against AI startup Perplexity and ongoing trials involving media tycoon Rupert Murdoch. In terms of potential expansion, the Corporation is considering selling its
Australian pay TV and streaming unit and is evaluating a potential
joint Telegraph bid with rivals. Finally, the recent partnership deal with
OpenAI suggests that the company is exploring innovative paths to improve its journalistic content and boost performance.
News Corporation Stocks News Analytics from Fri, 15 Jul 2016 05:27:22 GMT to Fri, 25 Oct 2024 20:34:00 GMT -
Rating 7
- Innovation 8
- Information 5
- Rumor 2
