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Top 2 Tech And Telecom Stocks That May Keep You Up At Night This Quarter - Fox (NASDAQ:FOX), Paranovus Entertainment (NASDAQ:PAVS)
Benzinga· 2025-12-09 11:50
Group 1 - As of December 9, 2025, two stocks in the communication services sector are showing signs of being overbought, which may concern momentum-focused investors [1][2] - The Relative Strength Index (RSI) is a key momentum indicator, with a value above 70 indicating that a stock may be overbought [2] Group 2 - Warner Bros Discovery Inc (NASDAQ:WBD) has an RSI value of 82.3, with its stock price rising 4.4% to close at $27.23 on Monday, following a tender offer from Paramount Skydance Corp at $30 per share, valuing the company at $108.4 billion [6] - Fox Corp (NASDAQ:FOX) reported fiscal first-quarter 2026 results with revenue of $3.74 billion, a 5% year-over-year increase, and adjusted net income of $686 million, or $1.51 per share, exceeding analysts' expectations [6] - Fox's stock has gained approximately 24% over the past six months, closing at $61.26 on Monday, with a 52-week high of $61.66 and an RSI value of 70.9 [6]
Rightmove under pressure as activist investor takes £250m stake
Yahoo Finance· 2025-12-05 06:00
Rightmove’s grip on Britain’s property market makes it an attractive asset - M4OS Photos/Alamy An activist investor has bought a near £250m stake in Rightmove, piling fresh pressure on the embattled property giant. London-based Independent Franchise Partners (IFP) has built up a 5.8pc stake in the house-buying portal in recent weeks, becoming Rightmove’s third-biggest shareholder. The investment was made after the company warned its profit growth will slow next year because of investment in AI. That ann ...
Trump Says Murdochs, Dell Likely Part of Group Buying TikTok in the US
Investopedia· 2025-09-22 12:10
Core Insights - President Trump has extended the deadline for ByteDance to sell TikTok's U.S. operations to mid-December, amid national security concerns [3][7] - A group of prominent figures, including Rupert Murdoch, Lachlan Murdoch, Michael Dell, and Larry Ellison, are reportedly involved in the potential acquisition of TikTok's U.S. operations [2][3][7] - The new U.S. owners of TikTok are expected to lease the algorithm, with Oracle tasked to recreate and secure the recommendation software, ensuring U.S. control over the algorithm [4] Company Involvement - Rupert Murdoch has expressed interest in owning a small stake in TikTok U.S. if a deal is reached, with Fox Corp likely to hold the investment [5] - The consortium of new investors and existing backers is projected to own approximately 80% of the company controlling TikTok's U.S. operations [5] User Base - TikTok has around 170 million users in the U.S., highlighting its significant market presence [3]
How new deal could change TikTok in America
NBC News· 2025-09-22 08:35
Tik Tok users bracing for what's next as the White House outlines what a new US controlled app could look like and who could be involved. President Trump suggesting the Murdoch will have a role. >> Really great people, very prominent people, and they're also uh American patriots.>> A source familiar tells NBC News that Lachland Murdoch would not be involved in the Tik Tok deal individually, but that Fox Corp would serve a role. Murdoch officially took over Fox Corp and News Corp earlier this month. The deal ...
How new deal could change TikTok in America
NBC News· 2025-09-22 00:00
Tonight, Tik Tok users bracing for what's next. I think my biggest fear is just, okay, we all have to migrate to a new app. As the White House outlines what a new US controlled app could look like and who could be involved.President Trump suggesting the Murdochs will have a role. Really great people, very prominent people, and they're also uh American patriots. A source familiar tells NBC News that Lachlan Murdoch would not be involved in the Tik Tok deal individually, but that Fox Corp would serve a role.M ...