In this article VZ CMCSA CHTR Cunaplus_m.faba | Istock | Getty Images Internet service providers like Charter, Verizon and Comcast have quietly scaled back their efforts to revive the Affordable Connectivity Program, an expired federal internet subsidy that helped low-income households pay for broadband. The $14.2 billion program provided a discount of up to $30 per month for some qualifying households and up to $75 a month for households on eligible tribal land. But it officially ended in June after Congre ...

New York, NY, Aug. 28, 2024 (GLOBE NEWSWIRE) -- In a challenge brought by Charter Communications, Inc., BBB National Programs' National Advertising Division determined that Verizon Communications Inc. provided a reasonable basis for certain claims for its Verizon Home Internet but recommended that it discontinue or modify others. Three primary services are included under Verizon Home Internet: Fios Home (using fiber-to-the-home), 5G Home (using mid-band and high-band 5G wireless), and LTE Home (using 4G LTE ...

Charter Communications (CHTR) has partnered with Paramount Global (PARA) to announce that Paramount+ Essential, the ad-supported version of PARA's streaming service, is now included in all Spectrum TV Select and Mi Plan Latino packages nationwide at no extra charge. Under this new multi-year distribution agreement, Spectrum video customers can start streaming a vast library of more than 40,000 episodes of shows and movies. This integration of Paramount+ Essential adds significant value to Spectrum's video p ...

STAMFORD, Conn., Aug. 16, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that Christopher Winfrey, President and Chief Executive Officer, will participate in the Goldman Sachs Communacopia + Technology Conference in San Francisco, California on Wednesday, September 11, 2024. Mr. Winfrey's remarks are scheduled to begin at 9:30 a.m. PT (12:30 p.m. ET). A live webcast of the event can be accessed on Charter's investor relations website ...

NFL Sunday Ticket and Peacock Sports Pass Now Available for Spectrum Business® Bars, Restaurants, Hotels and Other Commercial Venues via EverPass Media Spectrum Business Becomes EverPass' First Official Channel Partner STAMFORD, Conn. and NEW YORK, Aug. 1, 2024 /PRNewswire/ -- Spectrum and EverPass Media, a comprehensive media platform dedicated to commercial businesses, today announced an agreement offering Spectrum Business® customers the ability to get NFL Sunday Ticket and Peacock Sports Pass via EverPa ...

M. Suhail Recap In our last article titled "Charter Q4'23 Earnings: Net Broadband Losses, Robust Mobile Net Adds, 8% FCF Yield," we highlighted that internet broadband net adds had been under pressure due to low market activity and heightened competition from Fixed Wireless Access ("FWA") operators and fiber overbuilders. However, one of the FWA operators suggested that net adds below its quarterly trend were still sufficient to reach its 2025 target. Moreover, fiber overbuilders revised their fiber deploym ...

Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. CHTR has a P/S ratio of 1.01. This compares to its industry's average P/S of 1.32. Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the ...

What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Clearly, options traders are pricing in a ...

Charter Communications Inc CHTR reported better-than-expected second-quarter financial results on Friday. Charter Communications reported fiscal second-quarter 2024 revenue growth of 0.2% year-on-year to $13.69 billion, beating the analyst consensus estimate of $13.59 billion. EPS of $8.49 beat the analyst consensus estimate of $7.95. The stock price gained after the results, according to data from Benzinga Pro. Charter lost 154,000 residential Internet customers, largely driven by the end of the FCC's Affo ...

Charter's surprisingly resilient earnings cause short-covering rally Charter's fundamentals on display Just as the 16% crash after the Q4/23 earnings release was an overreaction, I think Friday's rally was no different, just in a different direction. Short sellers were caught wrong-footed and hastily covered their bets, causing the price to overshoot on the upside. Over the next few months, the market will likely return to ignoring much of Charter's solid fundamentals and instead focus on short-term headwin ...