Comcast Slides After CFO Says Q3 Broadband Losses Unlikely to Improve
Comcast fell after its CFO said Q3 broadband losses won’t improve year over year, citing fiber pricing, faster overbuild, and weaker Orlando demand.
Comcast fell after its CFO said Q3 broadband losses won’t improve year over year, citing fiber pricing, faster overbuild, and weaker Orlando demand.
Charter reported its fourth consecutive quarterly revenue decline, as the company continued to lose internet and video subscribers.
Shares of Charter Communications rallied sharply on speculation of a partnership with SpaceX to expand Starlink mobile services across the U.S. using Charter’s terrestrial infrastructure.
Charter (CHTR), Cognizant (CTSH), Insmed (INSM), Verisk (VRSK) and Zscaler (ZS) will be removed from the Nasdaq-100 Index effective June 22, 2026.
Berkshire bought a $2.6B stake in Delta again and also took a small new position in Macy’s while reshaping its portfolio in Q1 2026.
Charter stock crashes 25% after weak earnings and big internet user losses, raising doubts about growth despite some positives.