Peacock's streaming subscription plans are about to cost a little more. The NBCUniversal brand is increasing the prices on its monthly and annual plans, with changes going into effect this summer. The news comes after parent company Comcast announced that the streaming platform added 3 million new paid subscribers in the first quarter of 2024. Beginning July 18, new customers will pay more for subscriptions: $8 per month for Peacock Premium and $14 a month for Peacock Premium Plus -- both are $2 increases. ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

NBCUniversal is hiking the price of Peacock for the second time in two years, tacking $2 onto the cost of the streaming service this summer, around the time of the Paris Olympics. Beginning in July, the monthly price for Peacock Premium will increase to $7.99. Premium Plus, which offers limited advertising, download capability and live local programming, will now be $13.99. Annual plans will go up to $79.99 for Premium and $139.99 for Premium Plus. The change will take effect starting July 18 for new custo ...

Comcast (CMCSA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this cable provider have returned -11% over the past month versus the Zacks S&P 500 composite's -2% change. The Zacks Cable Television industry, to which Comcast belongs, has lost 9.1% over this period. Now the key question is: Where could the stock be headed in the near term? Although media ...

MarsBars Planning for retirement or early retirement doesn’t have to be daunting, so long as one is focused on taking a step-by-step, brick-by-brick approach. As Rome wasn’t built in a day, neither does an investment portfolio. That’s because the power of compounding can work wonders through a combination of dividend reinvestment and capital appreciation. Thanks to the stock market, one can pick up as much or as little as they want at a time without risking too much all at once. This brings me to the fo ...

Ken Griffin's Hedge Fund Continues Its Win Streak With These 3 Stocks Larry Busacca / Getty Images With roughly $60 billion in assets under management, Citadel is a giant among hedge funds. The Miami-based firm, headed by Ken Griffin, delivered $25 billion in profits over the past six years, including $7 billion in 2023 when other hedge fund traders were grappling with high rates.Citadel is infamous in retail investor circles for its role in the GameStop (NYSE: GME) short squeeze of 2021. That’s when it s ...

Justin Horrocks/E+ via Getty Images Comcast (NASDAQ:CMCSA) provided Q1 earnings this week. Despite beating on the top and bottom line, the share price fell 6% in one day, resulting in the lowest close since April 26, 2023. The stock is now down over 10% this month and has fallen nearly 14% in 2024. Bears have long pointed to the rapid decline in the cable and media businesses as an inexorable headwind that will derail the company. Furthermore, some point to developments highlighted in this quarter’s res ...

Nearly 16 years ago, Senator Sheldon Whitehouse received a closed-door briefing from the Bush administration about the impending financial crisis to shake the economy and crash the stock market.Shortly thereafter, Whitehouse took action, selling $600,000 worth of Comcast (NASDAQ: CMCSA) stock of a leading 5G network provider and other holdings in his portfolio, thus avoiding significant losses during the 2008 financial crisis. Fast-forward to the present: Senator Whitehouse recently divested his entire CMCS ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from to Exact Name of Registrant; State of Incorporation; Address and Telephone Commission File Number Number of Principal Executive Offices I.R.S. Employer Identi ...

Comcast (CMCSA) reported first-quarter 2024 adjusted earnings of $1.04 per share, which beat the Zacks Consensus Estimate by 6.12% and increased 13% year over year.Consolidated revenues increased 1.2% year over year to $30.05 billion and beat the Zacks Consensus Estimate by 1.12%.Domestic broadband average rate per customer increased 4.2% and drove domestic broadband revenue growth of 3.9% to $6.6 billion in the first quarter.Comcast lost 65K domestic broadband customers in the reported quarter. Moreover, i ...