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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.

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Comcast NBCUniversal is celebrating Hispanic Heritage Month 2024 with a company-wide campaign called 'Celebrating All That We Are (Celebrando Todo Lo Que Somos)'. The initiative highlights the diversity and influence of Hispanic and Latino communities on American culture and entertainment.

Key features include:

  • NBCUniversal and Telemundo's multiplatform, bilingual initiative across their entire portfolio
  • Xfinity's curated collection of bilingual and bicultural content on X1, Stream, Flex, and Xumo Stream Box
  • Guest editor recommendations from celebrities like Eva Longoria, John Leguizamo, and Laurie Hernandez
  • Exclusive interviews and new content debuts
  • Xfinity Rewards program offering special perks and experiences
  • Social media campaign recognizing monumental Latinos
  • Digital equity initiatives through Project UP, partnering with organizations like UnidosUS and Hispanic Federation
  • Employee-led events exploring Latino cultures
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Comcast has opened over 261,000 free Xfinity WiFi Hotspots across Florida in preparation for Hurricane Milton. This initiative aims to help residents and emergency personnel stay connected during the storm. The hotspots are available for anyone to use, including non-Xfinity customers.

Jeff Buzzelli, Senior VP for Comcast's Florida Region, emphasized the importance of internet access during emergencies. Comcast is also positioning crews and equipment to respond quickly to potential network damage. Users can find hotspot locations at Xfinity.com/wifi and connect by selecting the 'xfinitywifi' network. Xfinity customers can sign in with their credentials, while non-customers can access free two-hour sessions.

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NBCUniversal Local's My New Favorite podcast franchise has expanded to include My New Favorite Paralympian, debuting new episodes on August 14 and 21, 2024, ahead of the Paris 2024 Paralympic Games. Led by Olympic medalist Natalie Coughlin and NBC Sports Bay Area reporter Zena Keita, the series profiles inspiring American Paralympians who have overcome adversity.

The episodes feature Paralympic sprinter Nick Mayhugh and wheelchair rugby athlete Sarah Adam. The franchise, which has earned several awards, is available on major podcast platforms and NBC-owned stations' platforms. Nissan supports NBCUniversal Local's coverage of Paris 2024, including this Paralympic series.

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Comcast Business has released its 2024 Cybersecurity Threat Report, analyzing 29 billion attempted cybersecurity attacks against its customers in 2023. The report highlights significant changes in the cybersecurity landscape, driven by sophisticated threat actors, an expanding attack surface, and the transformative power of AI.

Key findings include:

  • AI is amplifying cyber risks but also offering powerful defensive tools
  • Phishing attacks are on the rise, with over 2.6 billion interactions detected
  • Advanced lateral movement techniques are being employed by bad actors
  • Attackers are increasingly using encrypted channels and proxies to hide their activities
  • DDoS attacks and ransomware pose significant risks, with over one billion attempts to destroy data blocked

The report emphasizes the need for a multi-layered approach to cybersecurity to bolster defenses against evolving global threats.

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Comcast NBCUniversal has been recognized as a Best Place to Work for Disability Inclusion for the tenth consecutive year, achieving a perfect score of 100 on the annual Disability Equality Index. This recognition highlights Comcast's ongoing commitment to disability inclusion and equality in the workplace.

The index, a joint initiative of the American Association of People with Disabilities and Disability:IN, is considered the world's most comprehensive benchmarking tool for measuring disability inclusion in the workplace. Comcast's achievement reflects its efforts in creating an inclusive culture, including initiatives such as the MyAbilities Network Employee Resource Group and the Accessibility Center of Excellence for Xfinity customers.

Comcast has also focused on making its products and services accessible to a wide audience. Notable examples include the launch of the Xfinity Large Button Voice Remote in 2022 and the introduction of American Sign Language (ASL) using live Video Remote Interpreting (VRI) service in 2023, improving the in-store experience for deaf customers.

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Comcast NBCUniversal has donated $1 million to support Hurricane Helene relief efforts in the Southeast U.S. The donation includes $500,000 in cash and $500,000 in advertising time for public service announcements across five states. Comcast is also providing $200,000 to the Comcast NBCUniversal Employee Disaster Assistance Fund.

The company is working to repair network damage and has opened over 360,000 Xfinity WiFi Hotspots for free public use in affected areas. Comcast employees and contractors are working nonstop to aid recovery efforts, coordinating with local power companies to restore services.

Comcast has provided tips for customers to stay connected and updated on service interruptions, including text alerts and mobile apps. The company also emphasizes the importance of preventing further damage to communication lines during recovery efforts.

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Comcast announced 500 additional small business recipients for its Comcast RISE program, which has now supported 14,000 small businesses nationwide with over $140 million in grants. The latest round includes comprehensive grant packages for businesses in Atlanta, Houston, Jacksonville, Richmond, VA, and southern Colorado. Each package includes business consultation services, educational resources, a $5,000 monetary grant, creative production, media schedule, and a technology makeover.

Comcast RISE, launched in November 2020 to help businesses affected by COVID-19, has evolved to focus on economic growth and community investment. The program is part of Comcast's Project UP, a $1 billion commitment to advance digital equity. Loren Hudson, SVP and Chief Diversity Officer at Comcast, emphasized the importance of supporting small businesses as a means of investing in local communities.

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Comcast celebrates Black Fine Art Month with the premiere of 'Who's Behind Black Art', a four-part docuseries now available on Black Experience on Xfinity and Xumo Play. The series spotlights five emerging Black artists - Adrian Armstrong, Jewel Ham, Laurena Finéus, Mario Joyce, and Tae Ham - as they navigate the art world and its challenges.

The docuseries includes a roundtable discussion with 14 experts and celebrities from the art ecosystem, and culminates with an exhibition opening at the World Trade Center in New York City. Written and directed by John Campbell, the series aims to provide insight into the struggles and triumphs of young artists.

Black Experience on Xfinity, launched in 2021, is a destination for Black entertainment, available on Xfinity X1, Flex, and the Xfinity Stream app. It features original content and programming from major studios and network partners at no additional cost to Xfinity customers.

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Comcast 's Xfinity has launched a new Hispanic advertising campaign called 'Light the Way', featuring World Champion B-Boy and U.S. Olympian Victor Montalvo. The campaign, airing on Telemundo and NBC, showcases Victor's journey to becoming a World Champion B-Boy and highlights the support he received from his Latino family and community.

As part of the campaign launch, Victor visited dance students at a Miami arts magnet school, sharing his experiences and leading a breaking demo. Comcast's Project UP surprised the students with free laptops. Victor discussed the campaign's significance, his family's role in his success, and the importance of staying connected while traveling for competitions. He also shared his thoughts on breaking's debut at the Olympic Games Paris 2024 and his advice for aspiring athletes.

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Comcast has announced the premiere of 'Wade in the Water: A Journey into Black Surfing and Aquatic Culture' on its Black Experience on Xfinity channel and Xumo Play streaming app. Directed by David Mesfin, this award-winning documentary explores the 1,000-year-old tradition of Black surfing, challenging conventional surf culture stereotypes. The film aims to inspire a new generation of Black surfers and promote diversity in aquatic sports.

Loren Hudson, SVP & Chief Diversity Officer at Comcast, emphasized the company's goal of providing a platform for emerging content creators and diverse talent. The documentary's release represents a step towards a community-based, disruptive independent film distribution model, making it accessible to a global audience and continuing the dialogue on Black aquatic culture.

The Black Experience on Xfinity, launched in 2021, is available on channel 1622 for Xfinity customers at no additional cost, featuring original content from Comcast NBCUniversal and other major studios.

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FAQ

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

The current stock price of Comcast (CMCSA) is $38.22 as of December 20, 2024.

What is the market cap of Comcast (CMCSA)?

The market cap of Comcast (CMCSA) is approximately 144.4B.

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

144.36B
3.79B
0.7%
87.35%
1.51%
Telecom Services
Cable & Other Pay Television Services
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