SANTA BARBARA, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Software billionaire Dan O’Dowd, the world’s leading authority on software that never fails and can’t be hacked, kicks off a public awareness campaign about the defects of Artificial Intelligence via full-page ads running in today’s Wall Street Journal and New York Times.  The ads also mark the launch of a wider AI-focused campaign from O’Dowd’s software safety advocacy group The Dawn Project, which for the past two years has focused on raising public ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores ...

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The New York Times Company (NYT) continued its decent performance in the second quarter of 2024. The company's adjusted earnings per share came in at 45 cents, which surpassed the Zacks Consensus Estimate of 40 cents. The figure marked an increase from the year-ago adjusted earnings of 38 cents a share. Total revenues of $625.1 million came ahead of the Zacks Consensus Estimate of $623 million and increased 5.8% year over year. The company added approximately 300,000 net digital-only subscribers compared wi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number 1-5837 THE NEW YORK TIMES COMPANY (Exact name of registrant as specified in its charter) New York 13-1102020 (State or other jurisdiction o ...

Key TakeawaysThe New York Times Co. on Wednesday reported second-quarter revenue and profit that beat analysts' estimates.The media outlet topped 10 million digital subscribers and reported digital advertising revenue rose 7.8% year-over-year.Shares rose more than 5% in intraday trading. Shares of the New York Times Co. (NYT) surged in intraday trading Wednesday after the media outlet's second-quarter results beat estimates as its surpassed 10 million digital subscribers for the first time. The Times report ...

For the quarter ended June 2024, New York Times Co. (NYT) reported revenue of $625.1 million, up 5.8% over the same period last year. EPS came in at $0.45, compared to $0.38 in the year-ago quarter.The reported revenue represents a surprise of +0.35% over the Zacks Consensus Estimate of $622.92 million. With the consensus EPS estimate being $0.40, the EPS surprise was +12.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

Second Quarter 2024 Earnings Presentation August 7, 2024 Times Forward-Looking Statements Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Terms such as "aim," "anticipate," "believe," "confidence," "contemplate," "continue," "conviction," "could," "drive," "estimate," "expect," "fore ...

New York Times Co. (NYT) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this newspaper publisher would post earnings of $0.18 per share when it actually produced earnings of $0.31, delivering a surprise of 72.22%.Over the last four quarters ...