STOCK TITAN

Comcast Corp - CMCSA STOCK NEWS

Welcome to our dedicated page for Comcast news (Ticker: CMCSA), a resource for investors and traders seeking the latest updates and insights on Comcast stock.

Comcast Corporation, headquartered in Philadelphia, is the largest American multinational telecommunications and media conglomerate. With a core cable business servicing 63 million US homes and businesses, Comcast also owns NBCUniversal, Sky, CNBC, MSNBC, USA, Universal Studios, and more. Recently, Comcast announced a $1 million grant to The Arc of the United States to enhance digital equity and advocate for the IDD community.

Rhea-AI Summary

Comcast has been awarded over $61 million by the Commonwealth of Pennsylvania to expand its network to 13 counties and 158 municipalities, bringing high-speed Internet to unserved or underserved areas. The project aims to complete by late 2026, improving access to Xfinity and Comcast Business services.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
none
-
Rhea-AI Summary

Comcast Advertising released a report on content discovery in a multiscreen TV world, highlighting the challenges viewers face in finding new content. The study reveals that social circles, genre, and individual platforms significantly influence viewers' content choices. The report aims to help platforms and content owners enhance the consumer experience by providing actionable insights.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
Tags
none
-
Rhea-AI Summary

Comcast (Nasdaq: CMCSA) will participate in the J.P. Morgan Annual Global Technology, Media and Communications Conference on May 21, 2024. Dave Watson, President and CEO of Comcast Cable, will be presenting at the event. A live webcast will be available on the Company's Investor Relations website, with an on-demand replay accessible post-event. Investors can subscribe to E-mail Alerts for Comcast financial news.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
conferences
Rhea-AI Summary

Comcast (Nasdaq: CMCSA) will participate in the MoffettNathanson Investor Conference on May 14, 2024. Brian L. Roberts, Chairman and CEO, will represent the company. The event will be webcast live on the Investor Relations website. Investors can access financial news via e-mail alerts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
conferences
-
Rhea-AI Summary

Comcast celebrates Global Volunteer Month by highlighting the impact of their national volunteer program, Team UP, and their partnership with Easterseals. Comcast technologists modified toys for children with disabilities in Denver, Washington, D.C., and Philadelphia. Easterseals representatives praised Comcast's support, emphasizing equity, access, and inclusion for people with disabilities. Comcast focuses on disability inclusion to create enjoyable experiences for all. Team UP's 2023 impact included 12K+ employees engaged, 50K volunteer hours, 6K organizations impacted, and $6M in donations. Comcast also celebrated partnerships with FIRST Robotics teams, hosted the BENgineers conference, engaged with STEM students, and highlighted diversity in technology with Reboot Representation. The company is dedicated to training the next generation of engineers and empowering employees to make a positive impact in their communities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
none
-
Rhea-AI Summary

Comcast announces new initiatives for National Military Appreciation Month, including the epic ad campaign 'The Aviators' honoring airmen, a new Xfinity Military discount program, and a $1 million commitment to military-serving nonprofits in 2024. Led by Oscar winner Kathryn Bigelow, 'The Aviators' campaign reunites real Vietnam veterans and highlights Xfinity's network power. The Xfinity Military offer provides over $700 in savings, including a $180 Visa Gift Card, free Xfinity Mobile line, and exclusive rewards. Comcast invests in nonprofits like NPower, Wounded Warrior Project, Our Community Salutes, Hesperus, and United Service Organizations, supporting digital equity and military community programs.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
none
Rhea-AI Summary
Comcast remains dedicated to closing the digital divide through various initiatives like the Affordable Connectivity Program (ACP) and Internet Essentials. More than 23 million households, including military families, have benefited from the ACP. Comcast is urging Congress and the White House to extend the ACP to ensure continued connectivity for Americans. Comcast offers various initiatives like ACP credits, Internet Essentials, Internet Essentials+, Xfinity Mobile Savings, NOW WiFi Pass, Lift Zones, and Internet Essentials Partnership Program to help bridge the digital gap and keep people connected.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.82%
Tags
none
-
News
Rhea-AI Summary
Comcast (NASDAQ: CMCSA) reported strong 1st Quarter 2024 results with double-digit growth in Adjusted EPS and free cash flow. Revenue increased by 1.2%, net income was up by 0.6%, and Adjusted EBITDA margin improved. The company returned $3.6 billion to shareholders and experienced growth in broadband ARPU. Peacock remains a fast-growing domestic streamer with revenue and subscriber increases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.82%
Tags
none
-
Rhea-AI Summary
Comcast introduces WiFi Boost, providing gig speeds to Xfinity Mobile and Comcast Business Mobile customers on millions of WiFi hotspots. With 90% of mobile data traffic on Xfinity Mobile devices traveling over WiFi, customers can now enjoy faster speeds for streaming, gaming, and more. The WiFi Boost upgrade is powered by Comcast's fiber-based network, offering reliable connectivity, advanced cybersecurity protection, and access to streaming content. Xfinity Mobile also offers unlimited data plans for Xfinity Internet customers, with savings for adding more lines and free international calling and texting features.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags
none
Rhea-AI Summary
Comcast Business has expanded its cybersecurity portfolio with the launch of its Managed Detection and Response (MDR) solution. The MDR service combines advanced security analytics and a Security Operations Center to help medium and large enterprises detect, analyze, and mitigate cyber threats. It offers 24/7 monitoring, advanced threat detection using AI and machine learning, expertise from a Security Operations Center, fast incident response, and compliance reporting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags
none

FAQ

What is the current stock price of Comcast (CMCSA)?

The current stock price of Comcast (CMCSA) is $38.25 as of December 26, 2024.

What is the market cap of Comcast (CMCSA)?

The market cap of Comcast (CMCSA) is approximately 146.9B.

What is Comcast Corporation known for?

Comcast Corporation is the largest American multinational telecommunications and media conglomerate, offering television, internet, and phone services to millions of US homes and businesses.

What are some of Comcast's key acquisitions?

Comcast acquired NBCUniversal from General Electric in 2011 and Sky in 2018, making it a major player in the media and entertainment industry.

What recent initiative did Comcast announce with The Arc of the United States?

Comcast recently announced a $1 million grant to The Arc to enhance digital equity, support special education advocacy, and provide Spanish-speaking families access to resources.

How does Comcast support the IDD community?

Comcast supports the IDD community through initiatives like The Arc@School Special Education Advocacy Curriculum, Tech Coaching Centers, and targeted outreach to Hispanic communities.

What impact does Comcast's $1 million grant to The Arc have?

The grant will help The Arc enhance its data infrastructure, digital literacy programs, advocacy efforts, and support for Spanish-speaking families, empowering millions of people with disabilities across America.

What is Comcast's vision for digital equity?

Comcast's vision for digital equity is to ensure all individuals, including those with disabilities, have access to technology, skills training, and opportunities for independence and success.

How does Comcast collaborate with The Arc of the United States?

Comcast collaborates with The Arc to provide grants, translate educational resources into Spanish, conduct outreach to Hispanic communities, and support Tech Coaching Centers for people with IDD.

What is the significance of Comcast's partnership with The Arc?

Comcast's partnership with The Arc aims to break down barriers, create equity, and empower individuals with disabilities to thrive by providing access to education, technology, and advocacy.

How does Comcast contribute to social impact and corporate responsibility?

Comcast demonstrates social impact and corporate responsibility through initiatives like Project UP, which aims to advance digital equity, support the IDD community, and create a future of unlimited possibilities.

What are some key highlights of Comcast's recent activities?

Some key highlights of Comcast's recent activities include the $1 million grant to The Arc, support for Tech Coaching Centers, advocacy for special education, and empowering individuals with disabilities through technology and resources.

Comcast Corp

Nasdaq:CMCSA

CMCSA Rankings

CMCSA Stock Data

146.88B
3.79B
0.7%
87.35%
1.51%
Telecom Services
Cable & Other Pay Television Services
Link
United States of America
PHILADELPHIA