These are the stocks posting the largest moves in midday trading.
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 beats profit estimates on cost cutsNews Corp beat estimates for fourth-quarter profit on Thursday, benefiting from its cost-cutting measures and a rise in digital subscriptions for its Dow Jones news and data services.
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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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NBC Los Angeles🚨Traffic Alert🚨 Riverside EB 91 Van Buren Blvd, car fire that sparked a brush fire. WATCH NBCLA LIVE:
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Stock market news today: US stocks fall ahead of July CPI reportUS stocks fall as investors brace for July CPI report
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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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X Corp. CEO Linda Yaccarino says she has 'autonomy' under Elon MuskLinda Yaccarino in an interview with CNBC said that X Corp., previously known as Twitter, was a healthier safer place than before Elon Musk took it over.
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