'Rupert Murdoch considering re-merger of Fox Corp and News Corp, court documents and video show' - Reuters

Fox's Roku Deal 'Fundamentally Changes' the Game, Analyst Upgrades Stock to Buy

Fox stock rises after BofA upgrade to Buy. Analyst targets $85, pointing to Roku streaming potential and major cost savings.

Fox shares are trading higher after B of A Securities upgraded the stock from Underperform to Buy rating and raised its price target from $54 to $85.

All You Need to Know About Fox (FOXA) Rating Upgrade to Buy

Fox (FOXA) has been upgraded to a Zacks Rank #2 (Buy) rating, primarily driven by upward trends in earnings estimates. The company is expected to earn $5.94 per share for fiscal year 2027, with analysts raising consensus estimates by 3.4% over the past three months. The upgrade positions Fox in the top 20% of Zacks-covered stocks, suggesting potential for near-term stock price appreciation.

CME Group Set To Introduce Baseball Futures, Effective Oct. 12

New York Post Media Group CEO Sean Giancola Stepping Down

After more than a decade of transformative leadership at New York Post Media Group—including seven years as Publisher and Chief Executive Officer—Sean Giancola has announced he is stepping down from the company. A

Shares of communications services are trading higher after AI executives from firms including Anthropic, OpenAI and SpaceXAI signaled that the industry's growth may have to be slowed, which may limit competition in content creation, advertising sales and other areas. The sector's cash flow from ads and subscription revenue may also be attractive to investors amid elevated bond yields, inflation fears and interest rate expectations.