On July 28, Thomson Reuters rose 5.17% in regular trading, trading at $104.925/share, with turnover of $106 million.

On the news front, the company recently announced the sale of a 51% stake in its global print unit to KKR for approximately $500 million, forming a joint venture expected to close in Q4. Thomson Reuters will retain 49% ownership along with intellectual property rights and complete editorial control. The newly formed entity will hold an exclusive license to distribute legal and tax content through print channels and the ProView digital platform.

Simultaneously, the company is accelerating its AI transformation, cutting up to 500 engineering positions while planning to add over 250 net-new senior and AI-native roles over the next two years. The upcoming quarterly earnings report is scheduled for August 5, with consensus EPS estimated at $0.96. Market attention remains focused on the company's AI-driven growth trajectory, including its CoCounsel assistant reaching one million users and expanded partnerships with Anthropic.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)