BUZZ-News Corp shares slide despite Q2 revenue beat

Reuters

Feb 06

BUZZ-<a href="https://laohu8.com/S/NWSAL">News Corp</a> shares slide despite <a href="https://laohu8.com/S/QTWO">Q2</a> revenue beat

** Shares of media and information service firm News Corp NWSA.O fall nearly 3% to $23.5 in premarket trading

** Co reported Q2 revenue of $2.36 billion, beating LSEG estimates of $2.29 billion on strength in its Dow Jones, real estate, and publishing units

** J.P. Morgan maintains an "overweight" stance on the stock, says, with the downward move parallel to several other firms in the business and data services sector, the catalyst was investor focus on Anthropic's Claude Cowork, which rolled out earlier this year

** Brokerage also notes that NWSA is establishing new AI partnerships and is in advanced negotiations for more deals

** Nine analysts rate the stock "buy" on average; median PT is $38 - data compiled by LSEG

** As of last close, NWSA is down ~16% in the past 12 months

(Reporting by Akriti Shah in Bengaluru)

((akriti.shah@thomsonreuters.com))

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Morgan maintains an \"overweight\" stance on the stock, says, with the downward move parallel to several other firms in the business and data services sector, the catalyst was investor focus on Anthropic's Claude Cowork, which rolled out earlier this year</p><p>** Brokerage also notes that NWSA is establishing new AI partnerships and is in advanced negotiations for more deals</p><p>** Nine analysts rate the stock \"buy\" on average; median PT is $38 - data compiled by LSEG</p><p>** As of last close, NWSA is down ~16% in the past 12 months</p><p>(Reporting by Akriti Shah in Bengaluru)</p><p>((akriti.shah@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4111","symbol_name":"出版","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260206:nL6N3Z20RR:1","article_id":"2609591585","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609591585","pubTimestamp":1770386878,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-News Corp shares slide despite Q2 revenue beat** Shares of media and information service firm News Corp NWSA.O fall nearly 3% to $23.5 in premarket trading** Co reported Q2 revenue of $2.36 billion, beating LSEG estimates of $2.29 billion on strength in its Dow Jones, real estate, and publishing units** J.P. Morgan maintains an \"overweight\" stance on the stock, says, with the downward move parallel to several other firms in the business and data services sector, the catalyst was investor focus on Anthropic's Claude Cowork, which rolled out earlier this year** Brokerage also notes that NWSA is establishing new AI partnerships and is in advanced negotiations for more deals** Nine analysts rate the stock \"buy\" on average; median PT is $38 - data compiled by LSEG** As of last close, NWSA is down ~16% in the past 12 months","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4111":"出版","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","NWSA":"新闻集团","BK4588":"碎股","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念"},"translate_title":"尽管第二季度营收超出预期，新闻集团股价仍下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NWSA":0.9},"content_text":"BUZZ-News Corp shares slide despite Q2 revenue beat** Shares of media and information service firm News Corp NWSA.O fall nearly 3% to $23.5 in premarket trading** Co reported Q2 revenue of $2.36 billion, beating LSEG estimates of $2.29 billion on strength in its Dow Jones, real estate, and publishing units** J.P. Morgan maintains an \"overweight\" stance on the stock, says, with the downward move parallel to several other firms in the business and data services sector, the catalyst was investor focus on Anthropic's Claude Cowork, which rolled out earlier this year** Brokerage also notes that NWSA is establishing new AI partnerships and is in advanced negotiations for more deals** Nine analysts rate the stock \"buy\" on average; median PT is $38 - data compiled by LSEG** As of last close, NWSA is down ~16% in the past 12 months(Reporting by Akriti Shah in Bengaluru)((akriti.shah@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}