NWS Stock Recent News

CEO says news publisher is in talks with AI companies to establish the value of its content.

News Corp (NASDAQ:NWS)oration delivered mixed results after the bell Thursday, doing enough in the process to push its stock in the right direction.  The Fox News, New York Post and The Wall Street Journal owner posted fiscal fourth-quarter revenue of $2.43 billion, down 9% year-over-year from $2.67 billion and below the analyst consensus of $2.49 billion.

News Corp stock (NASDAQ: NWSA), a global, diversified media and information services company, is scheduled to report its fourth-quarter results on Thursday, August 10.

News Corporation is expected to report a plunge in its profits and lower revenue as compared to the same period last year when it hands down its latest financial results. The media conglomerate - whose assets include Fox News, New York Post, and The Wall Street Journal - is set to report its fourth quarter fiscal 2023 results on Thursday, August 10.

White House spokesman John Kirby on Wednesday said U.S. officials are continuing to push Russia for more access to detained Wall Street Journal reporter Evan Gershkovich, as he also addressed how Moscow released American basketball star Brittney Griner but continues to hold Gershkovich and businessman Paul Whelan.

George Soros, 92, said on Monday he is passing down his US$25bln empire to his son, further reducing the number of super veterans still running global businesses.  Soros, known for netting US$1bln through shorting the pound back in the 90s, will now let his son, Alexander, take control of his Open Society Foundation (OSF).

Thomson, CEO of The Post's parent company, cited "extreme revenue pressure" and "the uncertain macroeconomic times ahead" for the news business.

Tucker Carlson recently got fired from Fox News (owned by News Corp). This week he announced that he was starting a Twitter show.

Yahoo Finance Live's discusses the rise of News Corp stock on Q3 earnings beat after using cost-cutting measures.

News Corporation (NASDAQ:NWSA ) Q3 2023 Earnings Conference Call May 11, 2023 12:00 PM ET Company Participants Michael Florin - Senior VP and Head of IR Robert Thomson - CEO and Director Susan Panuccio - CFO Conference Call Participants David Karnovsky - JPMorgan Kane Hannan - Goldman Sachs Craig Huber - Huber Research Darren Lung - Macquarie Alan Gould - Loop Capital Operator Welcome to News Corp's Third Quarter Fiscal 2023 Earnings Conference Call. Today's conference is being recorded.