News Corporation has frequently appeared in the news, primarily due to its ongoing stock repurchase program valued at $1 billion. Despite several shareholders' and activist groups' attempts to end the corporation's dual-class share structure, all proposals have been rejected, ensuring the Murdoch family retains majority control. Optimal investment chances in News Corp have been emphasized by analysts predicting a potential surge of 33.55% in stock value and the company continually hitting fresh all-time highs.
Several asset managers, including Cyr Financial Inc, have noticeably lowered their stock holdings in the corporation. The proceeds from the upcoming $2.1 billion sale of Foxtel to DAZN are likely to contribute to News Corp's financial growth. Interestingly, News Corp's role in journalism and growth is also said to be boosted by partnerships in Artificial Intelligence.
The corporation's Q2 2025 earnings are heavily anticipated with investors on the look out for potential impacts on stock performance. Some experts consider News Corp as undervalued and a worthwhile buy in the Entertainment sector.
News Corporation Stocks News Analytics from Mon, 05 Aug 2024 07:00:00 GMT to Sat, 01 Feb 2025 11:26:15 GMT - Rating 5 - Innovation 0 - Information 9 - Rumor -5
