The Last Word On Kernen Vs. Grantham

Comcast Plunges As CFO Warns Broadband Subscriber Bleeding Won't Stop Comcast shares tumbled after CFO Jason Armstrong warned at the Goldman Sachs Communacopia + Technology Conference that broadband subscriber losses would not improve this quarter from a year earlier. Bloomberg first reported Armstrong's comments, which sent shares down as much as 8.1% around 11:16 a.m. ET, their largest decline in months. Armstrong told the audience at the conference in San Francisco, California, today that he still expects broadband subscriber losses to improve for the full year, although quarterly results will vary. He...

CENTCOM Says Hormuz Naval Blockade Ends As Gulf Energy Flows Reboot Summary: U.S. CENTCOM says U.S. Naval Blockade on Hormuz has been "Lifted"  Kuwait Petroleum CEO says Energy Production to Ramp in a Week  Iran Media says Southern Ports Traffic Begins Normalizing  Hormuz Normalization Begins As Saudi Supertankers Exit And A Flood Of Persian Gulf Oil Heads For Asia The roughly two-month U.S. naval blockade of the Strait of Hormuz has officially ended, according to U.S. Central Command on X. This marks a major de-escalation in the Gulf region, as early signs point to the...

Israeli strikes killed at least six Palestinians in Gaza on Tuesday, including a little boy and his father, health officials in the Strip told Reuters. The boy, Yahia al-Bayouk, and his father, Mahmoud, were killed by an Israeli airstrike in Khan Younis, southern Gaza. Photos and videos from the Nasser Hospital show Palestinians mourning the […]