Comcast ($CMCSA) podcast mentions
Not having an impact, but obviously the stock already down 30% for the year. Got— I mean, got hit last week. When Comcast at the conference that I was attending actually talked about pricing from competitors in fiber that was non-competitive, or I think Jason Armstrong, the CFO of Comcast at the time, calling it irrational. But there it is. And I actually asked John Stanky about it because of course AT&T has had a very major fiber buildout. And he says, well, you know, when you, when you put it together with T-Mobile, maybe the, the economics are different for us than they are for some of our competitors. But that had another negative impact on a stock that has just had a brutal run. And it's not just Carl, of course, as you well know, this year it's been a long, long period of time. Something I discussed with the CEO, Chris Winfrey, last week when I did get a chance to sit down briefly.
David Faber · Squawk on the Street · 9AM HOUR: AI Leaders Call For Slowdown, Chips Slide, OpenAI's Altman Rules Out 2026 IPO 9/14/26 · 2026-09-14And it was interesting because the same Wolfe note said, you know, Comcast kind of in the same boat, but we've got the NBCUniversal spin. So suddenly that's now, you know, a stabilizer as opposed to a cause for concern. I also noted DSL sunsetting, like all these things you never thought about that were going to be issues for these companies or are Yeah, I think it's safe to say you haven't wanted to own either one of these stocks for any period of time for the last 5 years.
Mike Santoli · Squawk on the Street · 9AM HOUR: AI Leaders Call For Slowdown, Chips Slide, OpenAI's Altman Rules Out 2026 IPO 9/14/26 · 2026-09-14I— oh, and that is pass-through, believe me. I always tell you that we're a service economy, and the service economy may be about to sputter. The stocks of the retail complex are certainly predicting that exact thing. The House of Pain. Even the most reliable chains— take an outfit like Casey General, okay? It flopped this morning, sending the stock down more than 14%. Okay, you think you haven't heard of it? It has 3,000 stores, people, and it is a perfect bellwether because it sells gasoline on the outside. That's all I've got. All that convenience store stuff on the inside— snacks, beer, others. Beer selling really badly. Beverages. The breakfast pizza, which I love so much. Management was quite upbeat about the numbers. However, you can't help but notice that when the price of fuel goes up, people spend less money in the stores and the inside. Same-store sales growth fell from 5.5% last quarter to just 3.2% this quarter. Percentage basis, big. So Wall Street came up to a simple conclusion. It just chose not to pay any attention to management's commentary about how strong certain stocks were, or how, by the way, ready-to-drink liquor did quite well even when beer was bad. Instead, the market decided that the price of oil has gotten too expensive and it's now causing a decline in sales of staples, which has been my biggest fear since the Iranians closed the strait. And now it seems to be happening. This is the first tangible sign that gasoline is now finally having a real deleterious impact on the economy. The Street was quick to send down anything retail today, anything that sold in retail, anything that was inside the buy, anything discretionary like monthly cable bills from Comcast crushed. Staples, plain old food stocks hammered. Home goods, hardware smashed. So the question is, why not just turn ultra bearish? The answer is threefold. First, we have very strong rally in the data center stocks once again, especially semiconductors. Of course, that's not good for all of tech. Apple put out some really cool phones. Including a foldable one that's listed for nearly $2,000. The high price has to do with the chip shortage. So we're in zero-sum territory there. Still, there was enough excitement that Apple was able to bounce off the $3 low to finish just $0.88 down.
Jim Cramer · Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 9/9/26 · 2026-09-09I want to build a great product right now and have a large membership community. And I want to make sure that we are competing on every battleground. And that is yes, absolutely on cable. Yes. On digital. Yes. On YouTube. Yes. In audio. I think that because of the life that this brand lived under previous ownership, pre-spin, there were times when our wings were clipped a little from a business perspective. And that wasn't— if I was sitting in the seats of the leadership team at NBC, I might have made the same decisions. That model, when you're working for a very large, very successful company that NBCUniversal and Comcast are, they need to look at the whole company and figure out where best to invest their dollars. So what they did makes sense for them. But now we're lucky to be a part of Versant, where MSnow is a very successful part of Versant, and Versant has several pieces of their portfolio that we are lucky enough that generate a lot of cash.
Rebecca Cutler · Uncanny Valley _ WIRED · MS NOW Wants to Turn Its Viewers Into a Fandom · 2026-09-09