After more than a decade of leadership at New York Post Media Group, including seven years as Publisher and CEO, Sean Giancola has announced he is stepping down from the company. A search for a new CEO is underway, and Sean has agreed to remain with the Post through early next year to ensure a smooth transition. "Sean has been a savvy steward of the Post during a period of profound media upheaval, and his transformative leadership helped the Post turn profitable for the first time in decades," said Robert Thomson, CEO of News Corp.

8/27 16:00

Rupert Murdoch Considers Recombining Fox Corp. and News Corp.

Rupert Murdoch and his son Lachlan Murdoch are contemplating a recombination of Fox Corp. (FOXA) and News Corp. (NWSA), according to Reuters, citing court documents and video. Discussions of a possible re-merger were revealed during the last few weeks in unsealed court documents and an attorney's testimony related to a family succession saga, said the news service, which notes that the judicial official overseeing the matter released the findings at the end of July.

8/5 16:30

News Corp Reports Q4 Revenue of $2.34 Billion

Reports Q4 revenue $2.34B, consensus $2.25B. Commenting on the results, Chief Executive Robert Thomson said: "We concluded Fiscal 2026 with an exceptional fourth quarter performance, including an 11% increase in revenues to $2.34 billion and the highest profitability on record. Fourth quarter net income from continuing operations soared 167% to $230 million, while our earnings per share were $0.33, up from $0.09 in the prior year, and our adjusted EPS were $0.35, compared to $0.19 last year. Our core growth engines-Digital Real Estate Services, Dow Jones and Book Publishing-fueled a 31% surge in fourth quarter Total Segment EBITDA to $423 million. On a full year basis, News Corp reported another year of record revenue and profitability on a continuing operations basis, with growth accelerating to 7% and 15%, respectively, while operating cash flow grew 26% to $1.24 billion. As a result, free cash flow increased significantly, rising 42% to $811 million. Our enhanced cash position enabled us to aggressively return capital to shareholders, with the buyback accelerating to well over four times the prior year's rate at $643 million. Our record performance is a product of sustained focus on, and reinvestment in, News Corp's core growth engines and our transformation to a digital-first company underpinned by insightful and trusted content. Much of the world is being reshaped by artificial intelligence, but artificial intelligence itself is only as useful and only as trustworthy as the quality of its inputs. We believe that makes News Corp an absolutely critical participant in the emerging AI ecosystem. Without our journalists, our authors, our data, our brands and our professional expertise, users would be drowning in a slimy sea of AI slop. We have trusted content relationships with OpenAI and Meta, and are in advanced discussions with several other companies. However, under our woo and sue approach, we are taking aggressive action against those who pilfer and profit from our work. We will pursue those pilferers, and companies that are clients of these crass kleptomaniacs should know they are patently in possession of stolen goods."

7/22 12:30

Major Averages Mixed as Oil Prices Surge Again

The major averages were mixed near noon as traders take a cautious approach ahead of key earnings reports due from Alphabet, Tesla and IBM after the closing bell. Alphabet's report in particular will provide another major test of whether companies' heavy investments in artificial intelligence continue to generate meaningful returns and investors will closely scrutinize Alphabet's AI monetization strategy and cloud growth.Meanwhile, oil prices were surging once again as escalating tensions in the Middle East raise concerns over potential supply disruptions. Reports that two Saudi oil tankers altered their routes in response to Houthi threats in the Red Sea have added to fears that higher energy prices could reignite inflation pressures and complicate the Federal Reserve's policy outlook.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:AT&Treportedand reiterated its FY26 outlookGE Vernovareportedand raised its FY26 revenue guidanceAMDannounced aas part of a partnership to deploy up to 2 GW of AMD Instinct GPUsRepligenBioLife Solutionsfor $31 per share, or $1.5BPhilip Morrisreportedand cut its FY26 earnings outlook2. WALL STREET CALLS:CoreWeaveto Buy at Truist after 42% pullbackPegasystemsto Market Perform at CitizensCircle Internetwith a Market Perform at Raymond JamesStifelDigitalOceanon selloff, positive data pointsTrimbleto Market Perform at Raymond James3. AROUND THE WEB:Meta'sinternal AI incubator is developing an AI model router, similar to OpenRouter's, to cut costs by sending some AI tasks to lower-cost models, The Information saysNews Corphas countersued Brave Software, alleging the company illegally scraped and sold Wall Street Journal and New York Post articles to AI companies, arguing the practice constitutes copyright infringement rather than fair use, Reuters reportsThe University of Tennessee Research Foundation sued Anthropic in Delaware federal court, arguing the company infringed its patents related to neural networks, Reuters saysPlatinum Equity is close to acquiring a 50% stake in Nestle'sEuropean water business through a joint venture that would value the San Pellegrino and Perrier owner at nearly EUR 5B, FT reportsAmgenhas reached a $74M settlement of a lawsuit accusing the company of waiting too long to disclose that it might owe the U.S. Internal Revenue Service $10.7B for underreporting six years of taxes, Reuters says4. MOVERS:Super Microgains afterArrowheadincreases after announcing its Phase 3 SHASTA-3 and SHASTA-4 studiesAirJoulehigher after announcing with Kubota Corporationanof its water-from-air technology in Texas and CaliforniaAdtranlower afterfor Q2 and Q3Dyne Therapeutics (DYN) falls after announcing a5. EARNINGS/GUIDANCE:Rogers Communications, with CEO Tony Staffieri saying the results "reflect strong execution"Moody'sand narrowed its guidance for FY26Teledyneand provided guidance for Q3 and FY26RPM, with EPS and revenue beating consensusTravel + Leisure, with CEO Michael Brown calling it "another strong quarter"INDEXES:Near midday, the Dow was up 0.33%, or 174.51, to 52,399.15, the Nasdaq was down 0.04%, or 10.89, to 25,826.32, and the S&P 500 was up 0.16%, or 11.77, to 7,520.97.

7/22 06:30

News Corp Countersues Brave Software for Copyright Infringement

News Corp has countersued Brave Software, alleging the company illegally scraped and sold Wall Street Journal and New York Post articles to AI companies, arguing the practice constitutes copyright infringement rather than fair use, Reuters' Jonathan Stempel reports. "The more content Brave copies and sells, the more revenue it generates, and the less incentive AI companies have to negotiate licenses with the publishers who produced the content," the lawsuit said. "Brave profits while publishers are cut out."

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