Author: i2wtc
Brian Roberts, Chairman and CEO of Comcast, attends the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on July 9th, 2025. David A. Grogan | CNBCComcast reported earnings Thursday, and it could shed light on how executives view regulators’ attitude toward a potential NBCUniversal-Warner Bros. Discovery merger.Warner Bros. Discovery, the owner of TNT Sports, CNN, HBO, Warner Bros. studio and other media assets, officially put itself up for sale after “receiving interest from multiple parties,” WBD CEO David Zaslav said in a statement last week. CNBC reported Comcast is among the interested parties.Several pundits and analysts…
Alphabet stock jumped 4% Thursday after the company reported third-quarter financial results that beat across the board and increased its capital expenditures for the year.The Google parent company bumped its spending expectations on artificial intelligence infrastructure to $91-$93 billion from $85 billion the prior quarter, noting continued strong cloud demand.CEO Sundar Pichai said the company had a $155 billion backlog for Google Cloud at the end of the quarter.”Looking out to 2026, we expect a significant increase in CapEx,” Chief Financial Officer Anat Ashkenazi told investors on the earnings call Wednesday.Deutsche Bank said in a note that there was “virtually no…
Information Minister Shibli Faraz. SCREENGRAB/FILE ISLAMABAD: The Supreme Court on Wednesday rejected Pakistan Tehreek-e-Insaf (PTI) leader Shibli Faraz’s plea to suspend the schedule for the Senate election on his vacant seat, stating that it would not interfere in the electoral process. Earlier, a special anti-terrorism court (ATC) in Faisalabad had sentenced Faraz and PTI’s Omar Ayub to 10 years in prison each for their alleged role in the May 9, 2023, riots. Following their conviction, the Election Commission of Pakistan (ECP) disqualified Faraz as Senate opposition leader and Ayub as National Assembly opposition leader. Later, both of them challenged their…
Information Minister Shibli Faraz. SCREENGRAB/FILE ISLAMABAD: The Supreme Court on Wednesday rejected Pakistan Tehreek-e-Insaf (PTI) leader Shibli Faraz’s plea to suspend the schedule for the Senate election on his vacant seat, stating that it would not interfere in the electoral process. Earlier, a special anti-terrorism court (ATC) in Faisalabad had sentenced Faraz and PTI’s Omar Ayub to 10 years in prison each for their alleged role in the May 9, 2023, riots. Following their conviction, the Election Commission of Pakistan (ECP) disqualified Faraz as Senate opposition leader and Ayub as National Assembly opposition leader. Later, both of them challenged their…
U.S. President Donald Trump and Chinese President Xi Jinping react as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. Evelyn Hockstein | ReutersPresident Donald Trump and President Xi Jinping reached a trade truce during a high-stakes meeting in South Korea on Thursday, de-escalating a dispute over rare earth elements that had threatened to push the world’s two largest economies into a full-blown trade war.China has agreed to pause for one year the sweeping export controls on rare earths announced on Oct. 9…
Comcast topped Wall Street earnings and revenue estimates for the third quarter on Thursday, despite once again reporting a loss in broadband customers. The company said it lost 104,000 domestic broadband customers during the period, bringing its total subscriber base to roughly 31.4 million. This marked the fourth quarter in a row that Comcast failed to grow its broadband customer base. Earlier this year the company outlined initiatives meant to drive broadband growth — the cornerstone of Comcast’s business — as it has faced fraught competition from alternative providers, namely 5G companies. The company, soon to be led by co-CEOs Brian Roberts…
A worker walks past inside the Asian Development Bank (ADB) headquarters in Manila. Photo: Reuters/ File ISLAMABAD: The Green Climate Fund (GCF) has approved $250 million for Glaciers to Farms — a flagship adaptation programme led by the Asian Development Bank (ADB) to build resilient water and agriculture systems for vulnerable communities in glacier-dependent regions of Central Asia, the South Caucasus, and Pakistan. GCF’s funding will be provided mostly as grants and invested alongside $3.25 billion from ADB over the next decade in a series of projects identified by the countries covered by the programme, according to ADB press statement received…
Stocks on display at the Nasdaq on Sept. 10, 2025. Danielle DeVries | CNBCThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Magnificent or not?Magnificent Seven members Alphabet, Microsoft and Meta Platforms all beat Wall Street’s expectations yesterday, exceeding estimates for earnings per share and revenue while talking up expansion plans. But investors’ responses varied widely.Here’s what to know:Alphabet shares surged more than 7% after the Google parent beat the Street’s forecasts for revenue tied to its Google Cloud and YouTube businesses. Executives…
A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom.John Keeble | Getty ImagesRestaurant Brands International on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by growth of its international restaurants and Tim Hortons.Combined, the two divisions account for roughly 70% of the company’s earnings, according to CEO Josh Kobza.Shares of Restaurant Brands rose 3% in premarket trading.Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $1.03 adjusted vs. $1 expectedRevenue: $2.45 billion vs.…
JIUQUAN, Oct. 30 (Xinhua) — Chinese astronauts Zhang Lu, Wu Fei and Zhang Hongzhang will carry out the Shenzhou-21 crewed spaceflight mission, and Zhang Lu will be the commander, the China Manned Space Agency announced at a press conference on Thursday. The Shenzhou-21 crewed spaceship is scheduled to be launched at 11:44 p.m. Friday (Beijing Time) from the Jiuquan Satellite Launch Center in northwest China, said Zhang Jingbo, spokesperson of the agency.A press conference on the Shenzhou-21 crewed spaceflight mission is held in Jiuquan Satellite Launch Center in northwest China on Oct. 30, 2025. (Xinhua/Ma Jinrui)Chinese astronauts Zhang Lu (C),…