{
News Corp

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}
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strong financial results reported by news corp and other asx companies

News Corp reported a revenue of US$2.24 billion, marking a 5% year-over-year growth, with net income rising 58% to US$306 million. REA Group achieved A$873 million in revenue, up 20% YoY, while Beach Energy's sales revenue reached A$990 million, reflecting a 5% increase. Pexa Group announced a significant rise in its impairment forecast, and upcoming earnings reports are anticipated from AGL Energy, Charter Hall Retail REIT, Nick Scali, and Lithium Energy.
IG
United States Dollar Australian Dollar Argentina Lithium & Energy Corp. Wesfarmers Ltd Amcor plc PEXA Group Limited Nick Scali Limited Charter Hall Retail REIT Beach Energy Ltd AGL Energy Ltd REAC Group, Inc. Magellan Financial Group Ltd News Corp USA AUS Liz Vance Owen Wilson Show more
Finance & Economy, Market Report
02:05 07.02.2025

ASX 200 rebounds on global optimism and strong corporate earnings

The ASX 200 rose 95 points (1.13%) to 8512, driven by optimism from Wall Street and strong corporate earnings, including a 6.15% gain for News Corp after its quarterly report. The financial sector rebounded, while the energy sector struggled, with Beach Energy down 3.63% despite a 20% earnings surge. The index remains in a bullish trend, supported above 8380-8360.
IG
Chinese Yuan United States Dollar Australian Dollar Premier Investments Limited Mineral Resources Ltd Westpac Banking Corp Adairs Limited Ampol Ltd. Beach Energy Ltd Rio Tinto Group Aristocrat Leisure Ltd News Corp Harvey Norman Holdings Ltd Woodside Energy Group Ltd Santos Ltd Fortescue Ltd AUS Show more
Finance & Economy, Market Report
06:20 06.02.2025

ubs upgrades news corp to buy rating

UBS analyst Tom Beadle has upgraded News Corp (NWS:AU) (NWSA) to a Buy rating. This decision reflects a positive outlook on the company's performance in the market. For further details, premium subscribers can access the full article on StreetInsider.com.
StreetInsider.com
News Corp AUS Tom Beadle
Finance & Economy, Market Report
13:29 04.02.2025

News Corp shares soar as UBS upgrades stock rating to buy

Shares of News Corp reached a record high of A$51.72, rising 1.8% after UBS upgraded the stock rating from "neutral" to "buy" and increased the target price to A$64.5. The upgrade follows revised earnings estimates for FY25 and FY26, attributed to lower net interest expenses after the sale of Foxtel. Investors are keenly awaiting updates on the strategic review post-sale and management's outlook on interest expenses.
Boursorama
Australian Dollar News Corp AUS
Business & Industry, Market Report
05:11 04.02.2025
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