Comcast and Disney have modified their Hulu agreement to enable the expected buyout of Comcast’s one-third stake in the streamer to begin on September 30 instead of next January. The news was shared at a Goldman Sachs conference appearance by Comcast CEO Brian Roberts, who said the initial minimum valuation of $27.5 billion for Hulu agreed to in 2019 was “just a hypothetical.” He suggested the final price tag...

More than a year after Netflix signed its original ad deal with Microsoft, Netflix reportedly revamped its ad deal to boost growth. Netflix has also held preliminary discussions about selling ads from other companies, the report said. The report added that Netflix has lowered its fees for advertisers, from $45-$55 to $39-$45 for about 1,000 views in a recent deal.
Some Netflix executives expressed displeasure at Micr...

In the three months ended June, AT&T posted an impressive free cash flow of $4.2 billion, effortlessly surpassing the market consensus of $3.60 billion, as reported by Visible Alpha. This achievement reflects the successful implementation of cost-cutting measures and customer-centric strategies that have strengthened the company’s financial position.
The importance of AT&T’s lower cost bill cannot be understated, given its su...

General Motors’ U.S. vehicle sales increased by 18.8% in the second quarter compared with subdued results a year ago.
The Detroit automaker reported sales Wednesday of 691,978 new vehicles from April through June, including 15,652 EVs.
GM’s second-quarter sales, along with those of other automakers such as Honda Motor, Nissan Motor and Stellantis, indicate demand for new vehicles remains strong.
General Motors’ U.S. vehicle sales i...

Lucid Group Inc Stock Forecast:
Currently, Lucid Group Inc’s stock price is USD 5.47, as of the last closing. The stock price has experienced a decline of -15.59% over the past week, -28.12% over the past month, and a significant drop of -71.53% over the last year.
Lucid Group Inc. News:
Aston Martin, the renowned British luxury car manufacturer, has recently announced a groundbreaking partnership with Lucid Grou...