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News Corporation Class B - NWS STOCK NEWS

Welcome to our dedicated page for News Corporation Class B news (Ticker: NWS), a resource for investors and traders seeking the latest updates and insights on News Corporation Class B stock.

News Corporation (NWS) is a prominent American media and publishing conglomerate with an international footprint. The company operates across various segments, including Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other segments. News Corporation owns influential publications such as The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph.

The company's Digital Real Estate Services segment includes dominant property listing platforms such as realtor.com®, operated by subsidiary Move, Inc. In the Subscription Video Services segment, News Corp holds a 65% stake in Foxtel, a key player in the Australian subscription video market, with streaming platforms like Kayo for sports and Binge for entertainment.

Through its 61% stake in the REA Group, News Corp also leads the property listings business in Australia. The Book Publishing segment features HarperCollins, one of the largest book publishers globally. The Dow Jones segment offers extensive news, business information, and compliance solutions via leading publications and products, including MarketWatch and Investor's Business Daily.

News Corp's innovative initiatives include the launch of the AI-powered Dow Jones Integrity Check, designed to enhance compliance workflows and investigative due diligence. This platform emphasizes AI's responsible use, aligning with regulatory standards and providing users with reliable, auditable insights.

In recent developments, News Corp through realtor.com® highlighted the best week for home sellers in 2024, while also unveiling the top housing markets for electric vehicle owners and the most affordable beach towns in America. These insights demonstrate the company's commitment to leveraging data analytics and market trends to provide valuable resources for consumers.

News Corp’s diverse portfolio and strategic focus on technology and market trends position it as a significant player in the global media and publishing industry, continuously innovating to meet consumer and business needs.

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Suburbs of major metropolitan areas represented on Realtor.com's Hottest ZIP Codes report, indicating renewed interest in commutable homes as workers return to the office
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Rents for studio units saw their first year-over-year decline since 2020. Median rent in the 50 largest metros increased $15 to $1,759 from June to July 2023, but remains down $18 from the peak 12 months ago. Renters are now spending slightly less on rent relative to their overall income, giving their budgets more breathing room. The downward pressure on rent prices is expected to continue due to a surge in multi-family construction and an uptick in vacancy rates. Affordability is improving in some areas, but remains an issue overall. Coastal and Sun Belt locations are the least affordable rental markets, while Oklahoma City is the most affordable. Midwest rents are rising, eroding affordability in traditionally budget-friendly locations.
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News Corp to release Q4 and FY2023 results on August 10, 2023
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Rent prices in the US dropped by 1.0% year over year, marking the first year-over-year decline for one-bedroom units since 2020, according to the Realtor.com June Rental Report. The median asking rent in the 50 largest metros increased to $1,745, up $7 from last month but down $31 from July 2022 peak. Despite the decline, rents remain significantly higher than in 2019, with a 24.1% increase.
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Realtor.com launches #ThrivePastFive Coaching Program to help new agents succeed in a competitive market
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The U.S. median home listing price slipped -0.9% annually in June, marking the first yearly decline since 2017. Home prices have been weakening due to rising mortgage rates and affordability challenges. However, the drop in prices may present opportunities for buyers to negotiate or consider homes that need some work. The active inventory growth rate slowed for the fourth month in a row, and new listings of homes for sale dipped 25.7% annually.
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Rent prices in the 50 largest U.S. metros have decreased by 0.5% year-over-year, marking the first drop since the start of Realtor.com® rental data tracking in 2020. The median asking monthly rent is now $1,739, down $38 from the peak in July 2022. Despite the decline, rents are still 24.7% higher than in 2019. Western markets have seen the biggest rent drops, while the Northeast has remained relatively strong.
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FAQ

What is the current stock price of News Corporation Class B (NWS)?

The current stock price of News Corporation Class B (NWS) is $31.02 as of December 23, 2024.

What is the market cap of News Corporation Class B (NWS)?

The market cap of News Corporation Class B (NWS) is approximately 17.5B.

What segments does News Corporation operate in?

News Corporation operates in Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other segments.

What are some key publications owned by News Corporation?

Key publications include The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph.

What is the significance of News Corp's Digital Real Estate Services segment?

The Digital Real Estate Services segment includes leading property listing platforms such as realtor.com®, which provides extensive real estate information and resources.

What is Foxtel and what stake does News Corporation have in it?

Foxtel is a key player in the Australian subscription video market, and News Corporation holds a 65% stake in it.

How does News Corporation leverage AI in its operations?

News Corp uses AI in platforms like Dow Jones Integrity Check to enhance compliance workflows and due diligence, ensuring reliable and auditable insights.

What recent analysis did realtor.com® provide about the housing market?

Realtor.com® highlighted the best week for home sellers in 2024 and identified the top housing markets for electric vehicle owners and affordable beach towns in America.

What is the role of HarperCollins in News Corporation?

HarperCollins is one of the largest book publishers globally and a significant part of News Corporation's Book Publishing segment.

How does News Corp's Dow Jones segment contribute to its business?

The Dow Jones segment provides news, business information, and compliance solutions through publications like MarketWatch and Investor's Business Daily.

What is the REA Group and how is it related to News Corporation?

The REA Group is a dominant property listings business in Australia, and News Corporation holds a 61% stake in it.

How does News Corporation's diversification benefit its business strategy?

News Corporation's diversification across various media and publishing segments allows it to leverage market trends, innovate through technology, and meet a wide range of consumer and business needs.

News Corporation Class B

Nasdaq:NWS

NWS Rankings

NWS Stock Data

17.46B
490.70M
40.93%
45.17%
0.65%
Entertainment
Newspapers: Publishing Or Publishing & Printing
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United States of America
NEW YORK