Comcast (NASDAQ:CMCSA) spinoff of NBCUniversal and Sky exposes media profit gap

Comcast said it will spin off NBCUniversal and Sky into a separately listed company, giving shareholders two public stocks but also leaving the new media group with the weaker profit profile in Comcast’s latest segment data.

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US Stock Market Today Updates

MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

#2

Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

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