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.
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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.
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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.
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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.
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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.
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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.
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Comcast RISE announces grants for 500 small businesses in five regions, offering coaching, education resources, $5,000 grants, creative production, media schedules, and technology makeovers. The program aims to support economic growth, diversity, equity, and inclusion. Comcast has awarded over $125 million to 13,500 small businesses. Applications open on May 1 for businesses in Atlanta, Houston, Jacksonville, Richmond, VA, and southern Colorado. Grant packages include coaching sessions, education resources, monetary grants, creative production, and technology makeovers. Comcast RISE is part of Project UP, a $1 billion commitment to digital equity.
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Comcast NBCUniversal has been named one of the Top 10 Companies to Work for in the U.S. by Fortune Media and Great Place To Work(R) for the second consecutive year. This recognition highlights the company's commitment to creating a positive work environment for its employees.
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Xfinity/Comcast (NASDAQ: CMCSA) faces a significant data breach impacting over 35.8 million customers, leading to compromised personal information. The company is offering compensation to affected individuals.
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Comcast introduces NOW, a new brand offering quality, low-cost Internet, mobile, and streaming TV products. NOW Internet provides reliable prepaid service at better prices than fixed wireless options. NOW Mobile offers unlimited 5G data and access to millions of WiFi hotspots. The products feature all-in pricing, no contracts, and can be purchased month-to-month. NOW aims to cater to consumers seeking affordable, easy-to-use connectivity options without compromising quality.
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Comcast announces Comcast RISE program to support small businesses in Atlanta with grant packages and resources to advance digital literacy and equity. The program includes coaching sessions, education resources, a $5,000 monetary grant, creative production, media schedules, and technology makeovers. The goal is to help entrepreneurs grow their businesses and close the digital divide in Atlanta.
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FAQ
What is the current stock price of Comcast (CMCSA)?
The current stock price of Comcast (CMCSA) is $36.3 as of February 24, 2025.
What is the market cap of Comcast (CMCSA)?
The market cap of Comcast (CMCSA) is approximately 137.5B.
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
137.46B
3.72B
0.7%
87.2%
1.48%
Telecom Services
Cable & Other Pay Television Services
United States
PHILADELPHIA