IYZ

Comcast Faces Headwinds: Analysts Adjust Expectations Amid Broadband Struggles and Theme Park Downturns

Comcast Corporation reported worse-than-expected second-quarter sales results yesterday. The company reported a revenue decline of 2.7% year-over-year to $29.69 billion. Comcast shares are trading lower after the company reported the results. BofA Securities reiterates a Buy rating and price target of $50.

Comcast's Paris Olympics Bet For Boosting Peacock's Viewership: Report

Peacock will exclusively stream the 2024 Olympics in Paris for U.S. Viewers. The streaming service will compete against rivals like Netflix and Walt Disney+. Comcast's media division, NBCUniversal, has invested billions in Peacock. The Olympics will be a "defining moment" for the company.

Weekly Report: what happened at IYZ last week (0715-0719)?

Magnificent 7 is the most crowded trade, utilities most OW since 09’ - BofA’s FMS

Magnificent 7 is the most crowded trade, utilities most OW since 09’ - BofA’s FMS. 71% of investors think "Long Magnificent 7" is most crowded. Investors are overweight utilities for the first time since February 2009, the Bof a Securities Global Fund Manager Survey says.

Telecom Giant Verizon Eyes Tower Sell-Off To Monetize Asset

Verizon Communications Inc is reportedly considering a move to sell thousands of mobile phone towers across the U.S. The company has engaged advisors to assess potential buyers for a package of approximately 5,000 to 6,000 towers. A possible sale could yield over $3 billion.

Weekly Report: what happened at IYZ last week (0708-0712)?

What the 2000's Tech bubble says about today’s suspected rotation - analyst

Tech What the 2000's Tech bubble says about today’s suspected rotation - analyst. In the lead-up to the 2000 tech bubble burst, defensive sectors were falling sharply. But by the end of the year, tech stocks were 35-45% higher than before the bubble burst.

Weekly Report: what happened at IYZ last week (0701-0705)?