Core Viewpoint - A class action lawsuit has been filed against Charter Communications, alleging that the company misled investors regarding its business operations and financial outlook, particularly in relation to the impact of the FCC's Affordable Connectivity Program ending [1][4]. Group 1: Lawsuit Details - The class action lawsuit, Sandoval v. Communications, Inc., was initiated in the United States District Court for the Southern District of New York, targeting individuals who purchased Charter securities or options between July 26, 2024, and July 24, 2025 [1]. - The lawsuit claims that Charter's executives failed to disclose significant adverse facts about the company's performance and outlook, leading to misleading statements about its operations and growth potential [4]. Group 2: Financial Performance - Charter reported an EBITDA of $5.7 billion for Q2 2025, indicating a 0.5% year-over-year growth; however, this growth was largely attributed to a one-time benefit of $45 million, which, if excluded, would have resulted in a 2.4% miss against consensus estimates and a 0.3% decline year-over-year [5]. - The company experienced a decline of 117,000 Internet customers in Q2 2025, nearly double the loss of 66,000 customers in the previous quarter and an increase from the loss of 99,000 customers in Q2 2024 [6]. Group 3: Market Reaction - Following the release of its Q2 2025 financial results, Charter's stock price fell by $70.25 per share, or 18.4%, closing at $309.75 per share on July 25, 2025, reflecting investor concerns over the company's declining customer base and misleading financial statements [6].

Core Viewpoint - Berkshire Hathaway disclosed its Q2 holdings report, revealing a reduction in Apple and Bank of America shares, while also unveiling new investments in healthcare, steel, and real estate sectors [2][5]. Group 1: New Investments - Berkshire initiated positions in six new stocks during Q2, including UnitedHealth (UNH), Nucor Steel (NUE), Lennar (LEN), D.R. Horton (DHI), Lamar Advertising (LAMR), and Allegion (ALLE) [2][6]. - The total market value of these new positions at the end of Q2 was approximately $3.65 billion [6]. Group 2: Reduction in Holdings - In Q2, Berkshire reduced its stake in Apple by 20 million shares, a decrease of about 6.67%, while still maintaining it as the largest holding [9]. - Additionally, Berkshire sold over 26.3 million shares of Bank of America, representing a reduction of approximately 4.17% [9]. Group 3: Market Reaction - Following the announcement of new positions, stocks like UnitedHealth and Nucor Steel saw significant after-hours gains, with increases exceeding 8% [3]. Group 4: Investment Strategy - The new investments are viewed as defensive positions with potential for valuation recovery, aligning with Buffett's investment philosophy of seeking companies with a "moat" [7].

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Charter Communications and its officers or directors, following a significant decline in customer numbers and a sharp drop in stock price [1][3]. Financial Performance - Charter Communications reported a decline of 117,000 total internet customers in Q2 2025, compared to a decline of about 100,000 in Q2 2024, after adjusting for the impact of the Affordable Connectivity Program [3]. - The company also experienced a decrease of 80,000 total video customers during the same period [3]. - Following the release of these financial results, Charter's stock price fell by $70.25, or 18.5%, closing at $309.75 per share on July 25, 2025 [3].

Core Insights - Shamis & Gentile, P.A. is investigating claims on behalf of investors of Charter Communications, Inc. regarding potential securities fraud or unlawful business practices [1][2] - Charter Communications reported disappointing second quarter 2025 financial results, with EBITDA of $5.7 billion, which was below consensus estimates, and a significant loss of Internet customers [3] Financial Performance - Charter's EBITDA for Q2 2025 was $5.7 billion, missing consensus estimates [3] - The company lost 117,000 Internet customers in the second quarter, nearly double the loss of 66,000 customers in the previous quarter [3] - Following the announcement of these results, Charter's stock price fell by $70.25 per share, or 18.4%, closing at $309.75 per share on July 25, 2025 [3] Legal Investigation - The investigation by Shamis & Gentile focuses on whether Charter and its officers or directors engaged in securities fraud or other unlawful business practices [2] - Investors affected by the potential misconduct are encouraged to contact the law firm for more information [1]

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Charter Communications and its officers or directors, following a significant decline in customer numbers and a sharp drop in stock price after the release of the company's second quarter financial results [1][3]. Financial Performance - Charter reported a decline of 117,000 total internet customers in Q2 2025, compared to a decline of about 100,000 in Q2 2024, adjusted for the end of the Affordable Connectivity Program [3]. - The company also experienced a decrease of 80,000 total video customers during the same period [3]. - Following the financial results announcement, Charter's stock price fell by $70.25, or 18.5%, closing at $309.75 per share on July 25, 2025 [3].

[Click here for information about joining the class action] On July 25, 2025, Charter released its second quarter 2025 financial results, reporting that total internet customers had declined by 117,000, compared to about 100,000 in the second quarter of 2024, when adjusted to remove the prior year's impact of the end of the Affordable Connectivity Program. The Company's total video customers also decreased by 80,000. On this news, Charter's stock price fell $70.25 per share, or 18.5%, to close at $309.75 pe ...

Core Insights - Insider buying activity from CEOs of MSCI, Charter Communications, and Healthpeak Properties indicates confidence in long-term growth despite short-term challenges [1][4][10] Group 1: MSCI - MSCI provides investment decision support tools, including indexes, portfolio construction, risk management products, and ESG research [2] - CEO Henry Fernandez purchased approximately 12,500 shares for about $6.7 million, coinciding with a dip in share price, reflecting confidence in positive EPS and long-term outlook [3][4] - The stock currently holds a Zacks Rank 2 (Buy) due to positive EPS revisions [2] Group 2: Charter Communications - Charter Communications is the second-largest cable operator in the U.S., providing video, internet, and voice services [6] - CEO Christopher Winfrey bought around 3,600 shares for just over $1 million, aligning with a decline in share price [6] - Analysts have lowered EPS outlooks, indicating potential short-term challenges, but the CEO's long holding period may provide an advantage [7] Group 3: Healthpeak Properties - Healthpeak Properties is a REIT focused on healthcare real estate [8] - CEO Scott Brinker purchased approximately 6,000 shares for about $100,000, increasing his total ownership to over 210,000 shares [8] - The stock is currently rated Zacks Rank 4 (Sell) due to negative earnings estimate revisions, suggesting continued weak performance in the near term [9]

Core Points - Spectrum has entered into a multi-year marketing partnership with the St. Louis Cardinals, becoming the Official Telecommunications Partner of the team [1][4] - The sponsorship includes advertising rights on various platforms, including radio broadcasts, the team's website, and social media channels, as well as prominent signage at Busch Stadium [2][3] Company Overview - Spectrum, operated by Charter Communications, serves over 31 million customers across 41 states and is the number one TV provider in the nation [3][6] - The company offers a range of services, including high-speed internet, TV, mobile, and voice, supported by a 100% U.S.-based workforce [6] Partnership Significance - The partnership is seen as a natural fit due to Spectrum's strong ties to the St. Louis area and the shared goal of connecting with fans [4] - Spectrum aims to leverage this partnership to engage with the local community and support the local economy [3][4]

Core Viewpoint - Charter Communications is under investigation for potential securities fraud and unlawful business practices following a significant decline in customer numbers and a sharp drop in stock price [1][2][3]. Financial Performance - In Q2 2025, Charter reported a decline of 117,000 total internet customers, which is a larger decrease compared to a decline of about 100,000 in Q2 2024 when adjusted for the Affordable Connectivity Program's end [2]. - The company also experienced a decrease of 80,000 total video customers during the same period [2]. Stock Market Reaction - Following the release of the disappointing financial results, Charter's stock price fell by $70.25 per share, representing an 18.5% decline, closing at $309.75 per share on July 25, 2025 [3].

Core Points - Charter Communications has received over 99% approval from stockholders for its transaction with Cox Communications [1] - The completion of the transaction is expected in mid-2026, pending regulatory approvals and customary closing conditions [2] Company Overview - Charter Communications, Inc. is a leading broadband connectivity company and cable operator, serving over 57 million homes and businesses across 41 states under the Spectrum brand [3]