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News Corporation - NWSA STOCK NEWS

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

News Corporation (NWSA) is a global, diversified media and information services company committed to delivering authoritative and engaging content to consumers worldwide. Headquartered in New York, News Corp operates primarily in the United States, Australia, and the United Kingdom. The company encompasses a wide range of businesses across various media sectors, including news and information services, digital real estate services, book publishing, digital education, sports programming, and pay-TV distribution.

News Corp’s media properties include prominent names like The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph. In the Australian subscription video market, News Corp holds a significant stake through its 65%-owned Foxtel, alongside streaming platforms such as Kayo, which focuses on sports, and Binge, which offers general entertainment content.

The company also boasts a strong presence in the digital real estate market, primarily through its 61%-owned REA Group, which dominates property listings in Australia. Additionally, News Corp owns HarperCollins, one of the world’s largest book publishers, and Move, Inc., a leading digital property advertising business in the United States.

News Corp is continually advancing its technological and content delivery capabilities, exemplified by recent achievements like the AI-powered Dow Jones Integrity Check platform. This innovative tool streamlines compliance workflows and enhances due diligence through advanced AI and automation, reflecting the company’s commitment to leveraging technology for improved service delivery.

Recent news highlights include a new analysis from Realtor.com® indicating that April 14-20, 2024, is the optimal week to sell a home in the U.S., key insights into the top housing markets for electric vehicle owners, and significant developments in Dow Jones's AI-powered compliance tools. These initiatives underscore News Corp’s dedication to providing valuable, timely information and services to its diverse audience.

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Home prices rose in August (+0.7%) as active inventory shrank (-7.9%), according to the Realtor.com August Monthly Housing Trends Report. Newly listed homes increased by 3.5% from July to August. Affordability concerns persist as home prices are up nearly 38% from August 2019 levels and mortgage rates have increased by 21.7% from August 2022.
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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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FAQ

What is the current stock price of News Corporation (NWSA)?

The current stock price of News Corporation (NWSA) is $28.62 as of November 15, 2024.

What is the market cap of News Corporation (NWSA)?

The market cap of News Corporation (NWSA) is approximately 16.5B.

What is News Corporation (NWSA)?

News Corporation (NWSA) is a global media and information services company offering news, digital real estate services, book publishing, digital education, sports programming, and pay-TV distribution.

Where is News Corporation headquartered?

News Corporation is headquartered in New York, United States.

What are some of the key properties owned by News Corporation?

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

What is the significance of News Corp’s REA Group?

News Corp’s REA Group, in which it holds a 61% stake, is the leading property listings business in Australia, playing a significant role in the digital real estate market.

What recent technological advancements has News Corp introduced?

Recent advancements include the launch of the AI-powered Dow Jones Integrity Check platform, which streamlines compliance workflows and enhances due diligence processes.

What are some recent news highlights related to News Corporation?

Recent highlights include analysis from Realtor.com® on the best week to sell a home in 2024, insights into top housing markets for EV owners, and developments in AI-powered compliance tools by Dow Jones.

How does News Corp contribute to the sports programming and pay-TV sectors?

News Corp contributes through its 65%-owned Foxtel and streaming platforms like Kayo (focused on sports) and Binge (focused on entertainment).

What digital education services does News Corp provide?

News Corp offers digital education services through various platforms, focusing on delivering engaging and authoritative educational content.

What role does HarperCollins play within News Corporation?

HarperCollins, one of the world’s largest book publishers, is a key component of News Corp, offering a wide range of books across various genres and markets.

How does News Corp ensure it remains a leader in the media industry?

News Corp remains a leader by continuously innovating its content delivery methods, leveraging advanced technologies, and maintaining a strong portfolio of influential media properties.

News Corporation

Nasdaq:NWSA

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NWSA Stock Data

16.54B
379.37M
0.08%
102.54%
1.32%
Entertainment
Newspapers: Publishing Or Publishing & Printing
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United States of America
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