Comcast shares had a tough 2022, sinking more than 30% in value. But the media giant has begun recovering, helped in part by strong content.
Yahoo Finance's Akiko Fujita and Diane King Hall break down Tuesday's biggest stories, including Home Depot earnings report, the FTC suing to block Amgen's deal to buy Horizon Therapeutics, and Comcas
Yahoo Finance's Akiko Fujita, Diane KIng Hall discusses Comcast CEO Brian Roberts' comments that the company is likely to sell its 33% stake in Hulu, as the streaming service is set to combine with Di
Yahoo Finance Live's Rachelle Akuffo breaks down the news of Comcast selling its 33% stake in Hulu to Disney and the companies' partnership to merge into a new app by Year's end.
Comcast Corp will likely sell its 33% stake in streaming platform Hulu to Walt Disney Co early next year, CNBC reported on Tuesday, citing Comcast Chief Executive Brian Roberts.
Disney already owns a two-thirds stake in Hulu and has operational control over the streaming service.
Comcast Corporation is up 40% after bottoming at 8.3X earnings, the lowest valuation in the company's history. Comcast remains a 36% undervalued, Warren Buffett-style "fat pitch" ultra-value buy.

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Easing inflation is gradually boosting Amazon's e-commerce segments. Meanwhile, Disney seems to be on a growth path after a string of wins at the box office.
The deal marks the first time an NFL postseason game will only be available through streaming as opposed to a cable or network broadcast.
Twitter head Elon Musk announced on Friday that he has chosen his replacement as chief executive of the company: Linda Yaccarino.
It's official: Elon Musk on Friday named Linda Yaccarino, a veteran media executive with experience in advertising, as Twitter's new CEO, months after promising to cede control.
Elon Musk said he has found a new CEO for Twitter, or X Corp. as it's now called, and multiple media reports identify her as Linda Yaccarino, an executive with NBCUniversal.
Linda Yaccarino has resigned from her role as the Head of Global Advertising at NBCUniversal effective immediately.
Musk said he will oversee product, software and systems operations as Twitter's chief technology officer and executive chair.
NBCUniversal's head of advertising, Linda Yaccarino, is in talks to become the new CEO of Twitter, the Wall Street Journal reported on Thursday, citing people familiar with the situation.
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