U.S. stocks traded mostly lower, with the Nasdaq Composite falling around 20 points on Wednesday. Here are some big stocks recording gains in today’s session.
New York Times Co (NYSE: NYT) reported third-quarter FY23 sales growth of 9.3% year-on-year to $598.3 million, beating the consensus of $589.4 million.
Stock futures indicate a subdued opening on Wednesday after several consecutive gains in major averages. Traders are eagerly awaiting Federal Reserve Chair Jerome Powell’s speech for insights into possible rate cuts. Media earnings, including Walt Disney Co.
News Media Alliance (NMA) is a nonprofit trade association representing around 2,000 print and digital news and magazine media companies in the U.S. and Canada.