Comcast Fails to Add Broadband Subscribers for First Time Ever as Economy Slows
KEY POINTS Comcast reported earnings for the second quarter before the bell on Thursday Comcast broadband subscribers were flat at 32.2 million for the quarter. Revenue rose 5.1% from a year earlier to $30.02 billion, boosted by theme parks and studios. Peacock paid subscribers remained flat at 13 million after adding 4 million last quarter. Comcast reported second-quarter revenue and earnings that topped analyst estimates, but the cable provider didn’t add broadband customers in a quarter for the first time ever.Comcast shares slid 0.85% after posting financial results.Comcast’s high-speed internet customers in the quarter were flat, trailing the 84,000 average analyst estimate, according to FactSet. Revenue rose 5.1% to $30.02 billion from a year prior, helped by NBCUniversal’s theme parks and studios businesses. Adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, rose 10.1% to $9.8 billion.Comcast is seeing grow
UP Fintech Holding Limited to Report First Quarter 2022 Financial Results on June 10, 2022
SINGAPORE, May 27, 2022 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that it will report its financial results for the first quarter ended March 31, 2022, before the U.S. market opens on June 10, 2022. UP Fintech’s management will hold an earnings conference call at 8:00 AM on June 10, 2022, U.S. Eastern Time (8:00 PM on June 10, 2022 Singapore/Hong Kong Time). Conference Call Information: All participants wishing to attend the call must preregister online before they may receive the dial-in numbers. Preregistration may require a few minutes to complete. Preregistration Information: Participants may register for the conference call by navigating to:http://apac.directeventreg.com/registration/event/2768763 Once preregistration has been completed, participants will receive dial-in numbers, direct event passcode, and registrant ID. The conference ID is 2768763. T
Reminder: U.S. Market Will Be Closed on May 30 for Memorial Day
Memorial Day is around the corner. The U.S. market will be closed on Monday, 30 May 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.
Tiger Chart | Here's What Top 10 Institutional Investors Buy and Sell for Latest 13F Season
It's 13F season, where hedge funds disclose their holdings. The flurry of filings gives investors a chance to see what they bought and sold during the quarter, including long positions, call and put options. During the first quarter ended Mar. 31, mega-cap growth stocks are under strong selling pressure. $Meta Platforms(FB)$ is dumped by BlackRock and JPMorgan. While $Tesla(TSLA)$ is overweighted by BlackRock and Renaissance Technologies. Oil Stocks are mostly favored by institutions, Berkshire and BlackRock both invest $Chevron(CVX)$, and JPMorgan buys oil giant $Exxon Mobil(XOM)$. Citigroup has increased its investment in options. Bridgewater has invested heavily in emerging market ETFs. What do these t