The Nasdaq 100 reached fresh record highs on Friday, driven by Intel's blockbuster earnings beat that sparked a broad semiconductor rally. Intel surged 22.6% after exceeding revenue and profit forecasts, benefiting from AI server demand. The S&P 500 rose 0.7% while the Dow slipped 0.1%. Tech stocks led gains, with semiconductor ETFs posting their 18th consecutive day of gains. However, Charter Communications collapsed 23% on a subscriber miss, dragging down cable peers.

Comscore signed a recapitalization transaction with preferred stockholders to reduce senior capital, eliminate preferred dividend burden, and enhance stockholder alignment, involving the exchange of preferred shares for common and new preferred stock.

Kaskela Law LLC has commenced an investigation into Charter Communications, Inc. (CHTR) regarding its proposed acquisition of Liberty Broadband Corporation. The investigation seeks to determine if Charter's officers and/or directors violated securities laws in agreeing to the acquisition and if all material information is being properly disclosed to investors.

Halper Sadeh LLC, an investor rights law firm, is investigating the proposed sales of Liberty Broadband, Inari Medical, MoneyLion, and Predictive Oncology, and may seek increased consideration or other relief for shareholders.

Halper Sadeh LLC is investigating potential violations of federal securities laws and/or breaches of fiduciary duties to shareholders related to the proposed sales of Adams Resources & Energy, Staffing 360 Solutions, Liberty Broadband, and EMCORE Corporation.

The M&A Class Action Firm is investigating the proposed mergers of Crossfirst Bankshares, Aerovate Therapeutics, Liberty Broadband, and EMCORE Corporation, providing information to shareholders on the terms of the deals.

Brodsky & Smith is investigating several companies regarding potential breaches of fiduciary duties by their boards in relation to acquisition deals, including whether the shareholders are receiving fair value.

Brodsky & Smith is investigating several companies regarding potential breaches of fiduciary duties by their boards in relation to proposed acquisition deals, including whether the deal terms are fair to shareholders.

Cable One (CABO) delivered earnings and revenue surprises of -24.77% and 1.63%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Rogers Communication, Liberty Broadband and Liberty Global have been highlighted in this Industry Outlook article.

Zacks Cable Television industry participants like RCI, LBRDA and LBTYA are benefiting from growing demand for high-speed Internet and increased media consumption amid cord-cutting.

The U.S. stock market, as gauged by the S&P 500 index, is on track to record its fourth consecutive week of gains, marking its 13th positive week out of the last 14. The broad gains seen across major U.S. stock averages on Friday have been fueled by major tech earnings surpassing expectations and a labor market showing more strength than predicted in January, maintaining high expectations for robust consumer spending in the near future. The S&P 500 was up 0.8% reaching fresh record highs as of midday trading in New York. Meta Platforms Inc. (NASDAQ:META) skyrocketed over 22% following an impressive earnings report and optimistic guidance for 2024. Amazon.com Inc. (NASDAQ:AMZN) soared more than 8% after reporting a 14% jump in revenue and record-breaking profits. Collectively, the market value of the Magnificent Seven has hit $12.9 trillion, ...Full story available on Benzinga.com