Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, China July 6, 2023.— The media company's shares jumped nearly 4% after reporting an earnings beat in the fiscal fourth-quarter.
News Corp posted adjusted earnings of 14 cents per share, while analysts polled by Refinitiv had estimated 8 cents per share. Meanwhile, the company's revenue of $2.43 billion missed analyst forecasts of $2.49 billion.
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News Corp. CEO Says “Negotiations Are Well Underway” With AI Companies For Content Payments'The potential is enormous, but garbage in, garbage out, and garbage all about,' Robert Thomson told analysts Thursday.
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Stock Market News Today: Dow, Nasdaq Close Lower; Disney Stock SinksStock futures rose ahead of the release of July’s consumer-price index due this morning. Follow the latest markets updates.
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