Fox Corp. Class A

Jim Cramer updates his media stock ranking and puts Fox over Disney

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CNBC’s Jim Cramer on Thursday updated his ranking of major media stocks, putting Fox at the top of the list, trailed closely by Disney. Five months ago, Cramer ranked Disney as No. 1, with Fox in second, followed by Warner Bros Discovery and then Paramount. But according to him, it’s time to revisit this ranking … Read more

Dana Walden could defy critics and make history

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Dana Walden, co-chair of Disney Entertainment Rich Polk | Getty Images In 1994, a captain of the media and entertainment industry saw something in Dana Walden that made him think she was capable of a bigger role. Thirty years later, that may happen again. That first time, the executive was Peter Chernin, then president of … Read more

ESPN executives talk streaming plans in CNBC documentary

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Disney‘s ESPN is at a crossroads. For more than 40 years, the world’s largest all-sports network has grown annual revenue by increasing cable subscription fees. ESPN first charged pay-TV distributors less than $1 per month per subscriber in the 1980s. In 2023, ESPN’s monthly carriage fee was $9.42 per subscriber, according to data from S&P … Read more

Wall Street high on AI euphoria

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Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today  Markets positive Wall Street … Read more

The U.S. economy seems to be holding up

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People shop at a retail store in Manhattan, New York City, on Jan. 5, 2024. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? … Read more

The U.S. economy is humming along

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This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today  Wall Street surgesThe S&P 500 soared to new highs on Thursday … Read more

Worries over rate cuts persist

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Traders work on the floor of the New York Stock Exchange during morning trading on July 06, 2023 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Wariness over rate cuts lingers

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Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2023. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to … Read more

Is the final leg of inflation fight the hardest?

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Patrons shop for produce at a Mr. Pina Market in the Brooklyn borough of New York, US, on Tuesday, Dec. 26, 2023.  Victor J. Blue | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to … Read more

Is the battle against inflation getting tougher?

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A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023.  Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more