Warner Bros. Discovery (WBD) shares have dipped 27.6% year to date, underperforming the broader Zacks Consumer Discretionary sector's return of 1.8%. WBD shares have also lagged the Zacks Broadcast Radio and Television industry's growth of 23.5% and its peers Netflix (NFLX) , Fox (FOXA) and Roku (ROKU) . Over the same time frame, shares of NFLX and FOXA have gained 44% and 35.6%, respectively, while shares of Roku fell 17%. In the first half of 2024, WBD revenues fell 7.1% year over year to $19.6 billion du ...

Warner Bros. Discovery (WBD) closed the most recent trading day at $8.24, moving -1.9% from the previous trading session. This change lagged the S&P 500's 0.19% loss on the day. On the other hand, the Dow registered a gain of 0.09%, and the technology-centric Nasdaq decreased by 0.36%. Heading into today, shares of the operator of cable TV channels such as TLC and Animal Planet had gained 12% over the past month, outpacing the Consumer Discretionary sector's gain of 2.68% and the S&P 500's gain of 2.06% in ...

On Sept. 18, 2024, the Federal Reserve cut interest rates by 50 basis points in response to the cooling inflation scenario. This was the first time that interest rates were slashed since March 2020. While a 25-basis-point rate cut was more or less assured, the 50-basis-point rate cut highlights the Fed's increasing focus on bolstering the job market. The Fed signaled that it will cut the rate by another half a percentage point in the current year. The economy is likely to benefit from this considerable rate ...

Peter Fleming/iStock Editorial via Getty Images Sometimes, when a CEO speaks, it means far more to the market than any other way to get the message across. David Zaslav, the CEO of Warner Bros. Discovery (NASDAQ:WBD), spoke at the Goldman Sachs Communacopia + Technology Conference. Since that likely had far more influence (especially on the stock price) than several other people speaking for the company at various places and times, he will be quoted frequently in this article (from his presentation at the G ...

Wall Street has its eyes on Warner Bros (NASDAQ: WBD) as the stock becomes one of the most actively traded equities on the market, driven by a surge in volume and price. Despite a turbulent year in which WBD shares have fallen over 27%, recent developments have sparked renewed interest among investors. According to the latest market data, WBD ended the September 13 trading session valued at $8.43, a gain of over 10% for the day, with a market cap of $20.81 billion. WBD YTD stock price chart. Source: Finbold ...

hapabapa Warner Bros. Discovery (NASDAQ:WBD) is not for the faint-hearted. The company's earnings are contracting due to declining linear TV viewership, it is also saddled with a mountain of debt. The stock is cheap, though, very cheap! Warner Bros is trading at ~3.5x adjusted earnings and also owns a bunch of valuable intellectual property. We initiated the coverage of Warner Bros. in June and are now revising our initial buy thesis after it was announced that the company will lose NBA broadcasting rights ...

Key Takeaways Warner Bros. Discovery shares surged after the entertainment giant renewed its distribution deal with Charter Communications. The agreement increases the fees Charter will pay to carry certain Warner Bros. TV channels and maintains stable fees for TNT. Executives reportedly believe the deal could provide leverage as Warner Bros. Discovery negotiates renewals with other pay TV providers. Warner Bros. Discovery (WBD) shares soared 10% on Thursday, the top performance in the S&P 500, after the en ...

Topline Warner Bros. Discovery's stock experienced one of its strongest days of trading in recent months on Thursday, after the media conglomerate announced a deal with Charter Communications that will bring the Max streaming service to standard cable packages. Warner Bros. Discovery shares closed up 72 cents. (Photo Illustration by Budrul Chukrut/SOPA ... [+] Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Key Facts Warner Bros. Discovery shares closed up 10.3% at $7.66, recov ...

Warner Bros. Discovery, Inc. (NASDAQ:WBD) Goldman Sachs Communacopia + Technology Conference September 12, 2024 1:10 PM ET Company Participants David Zaslav - President & Chief Executive Officer Conference Call Participants Mike Ng - Goldman Sachs Mike Ng Thank you, everybody. Welcome to the Warner Bros. Discovery fireside chat at the Goldman Sachs Communacopia and Technology Conference. I have the privilege of introducing David Zaslav, who is the President and CEO of Warner Bros. Discovery. David has been ...

Warner Bros. Discovery, Inc. (NASDAQ:WBD) Goldman Sachs Communacopia + Technology Conference September 12, 2024 1:10 PM ET Company Participants David Zaslav - President & Chief Executive Officer Conference Call Participants Mike Ng - Goldman Sachs Mike Ng Thank you, everybody. Welcome to the Warner Bros. Discovery fireside chat at the Goldman Sachs Communacopia and Technology Conference. I have the privilege of introducing David Zaslav, who is the President and CEO of Warner Bros. Discovery. David has been ...