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向北前行
2023-02-03

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Comcast Sells Nearly 6 Million Shares of Its Buzzfeed Stake Amid Sharp Rally

Buzzfeed stock has rocketed in recent days amid enthusiasm over its use of AIComcast made an equity

Comcast Sells Nearly 6 Million Shares of Its Buzzfeed Stake Amid Sharp Rally

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COMCAST</span></p><p>Comcast Corp. has sold part of its stake in Buzzfeed Inc., which has seen its shares surge in recent days amid enthusiasm for the publisher&#39;s artificial-intelligence efforts.</p><p>Comcast (CMCSA) disclosed Wednesday in a filing with the Securities and Exchange Commission that it sold 5,726,385 shares of Buzzfeed (BZFD) in the open market between Jan. 30 and Feb. 1. The media giant noted in the filing that it owned 19.97% of Buzzfeed shares.</p><p>Buzzfeed disclosed in its last 10-Q filing that there were about 126 million shares outstanding of the company&#39;s Class A stock.</p><p>Shares of Buzzfeed closed at 95 cents Jan. 25, the day before the Wall Street Journal reported on the company&#39;s plans to use ChatGPT creator OpenAI to augment its quizzes and aid in personalization efforts. By the close of trading on Jan. 27, they had shot up nearly 300% to $3.87. They closed Wednesday at $2.18, giving Buzzfeed a market cap above $300 million.</p><p>Comcast expects to sell additional shares depending on market conditions, the company said in the filing, though there are no guarantees that it will indeed sell.</p><p>The company&#39;s NBCUniversal unit made a $200 million equity investment in Buzzfeed in 2015.</p><p>ChatGPT, a chatbot that uses artificial intelligence, has taken the tech world by storm since making its public debut toward the end of 2022. Microsoft Corp. (MSFT) recently announced a &#34;multibillion-dollar&#34; investment in the company, and an analyst commented Wednesday that the service seemed to be growing users faster than TikTok did after it first went global.</p><p>The chatbot has impressed users with its ability to handle creative prompts, though it has also been known to make factual errors and display bias.</p><p>ChatGPT has helped kick off an AI frenzy on Wall Street. Shares of C3.ai Inc. (AI), an enterprise AI company, have rallied nearly 50% since Jan. 25.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Comcast Sells Nearly 6 Million Shares of Its Buzzfeed Stake Amid Sharp Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nComcast Sells Nearly 6 Million Shares of Its Buzzfeed Stake Amid Sharp Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-02-02 10:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Buzzfeed stock has rocketed in recent days amid enthusiasm over its use of AI</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/faa3f63da5100c79ee05875c64bbcfb0\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/><span>Comcast made an equity investment in Buzzfeed in 2015. COMCAST</span></p><p>Comcast Corp. has sold part of its stake in Buzzfeed Inc., which has seen its shares surge in recent days amid enthusiasm for the publisher&#39;s artificial-intelligence efforts.</p><p>Comcast (CMCSA) disclosed Wednesday in a filing with the Securities and Exchange Commission that it sold 5,726,385 shares of Buzzfeed (BZFD) in the open market between Jan. 30 and Feb. 1. The media giant noted in the filing that it owned 19.97% of Buzzfeed shares.</p><p>Buzzfeed disclosed in its last 10-Q filing that there were about 126 million shares outstanding of the company&#39;s Class A stock.</p><p>Shares of Buzzfeed closed at 95 cents Jan. 25, the day before the Wall Street Journal reported on the company&#39;s plans to use ChatGPT creator OpenAI to augment its quizzes and aid in personalization efforts. By the close of trading on Jan. 27, they had shot up nearly 300% to $3.87. They closed Wednesday at $2.18, giving Buzzfeed a market cap above $300 million.</p><p>Comcast expects to sell additional shares depending on market conditions, the company said in the filing, though there are no guarantees that it will indeed sell.</p><p>The company&#39;s NBCUniversal unit made a $200 million equity investment in Buzzfeed in 2015.</p><p>ChatGPT, a chatbot that uses artificial intelligence, has taken the tech world by storm since making its public debut toward the end of 2022. Microsoft Corp. (MSFT) recently announced a &#34;multibillion-dollar&#34; investment in the company, and an analyst commented Wednesday that the service seemed to be growing users faster than TikTok did after it first went global.</p><p>The chatbot has impressed users with its ability to handle creative prompts, though it has also been known to make factual errors and display bias.</p><p>ChatGPT has helped kick off an AI frenzy on Wall Street. Shares of C3.ai Inc. (AI), an enterprise AI company, have rallied nearly 50% since Jan. 25.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1489326972.SGD":"First Eagle Amundi International AHS-MD SGD-H","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","BK4077":"互动媒体与服务","BK4550":"红杉资本持仓","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","BK4100":"有线和卫星","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","BK4581":"高盛持仓","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","BZFD":"Buzzfeed","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","BK4111":"出版","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","CMCSA":"康卡斯特","BK4585":"ETF&股票定投概念","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4566":"资本集团","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","BK4587":"ChatGPT概念"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2308098099","content_text":"Buzzfeed stock has rocketed in recent days amid enthusiasm over its use of AIComcast made an equity investment in Buzzfeed in 2015. COMCASTComcast Corp. has sold part of its stake in Buzzfeed Inc., which has seen its shares surge in recent days amid enthusiasm for the publisher's artificial-intelligence efforts.Comcast (CMCSA) disclosed Wednesday in a filing with the Securities and Exchange Commission that it sold 5,726,385 shares of Buzzfeed (BZFD) in the open market between Jan. 30 and Feb. 1. The media giant noted in the filing that it owned 19.97% of Buzzfeed shares.Buzzfeed disclosed in its last 10-Q filing that there were about 126 million shares outstanding of the company's Class A stock.Shares of Buzzfeed closed at 95 cents Jan. 25, the day before the Wall Street Journal reported on the company's plans to use ChatGPT creator OpenAI to augment its quizzes and aid in personalization efforts. By the close of trading on Jan. 27, they had shot up nearly 300% to $3.87. They closed Wednesday at $2.18, giving Buzzfeed a market cap above $300 million.Comcast expects to sell additional shares depending on market conditions, the company said in the filing, though there are no guarantees that it will indeed sell.The company's NBCUniversal unit made a $200 million equity investment in Buzzfeed in 2015.ChatGPT, a chatbot that uses artificial intelligence, has taken the tech world by storm since making its public debut toward the end of 2022. Microsoft Corp. (MSFT) recently announced a \"multibillion-dollar\" investment in the company, and an analyst commented Wednesday that the service seemed to be growing users faster than TikTok did after it first went global.The chatbot has impressed users with its ability to handle creative prompts, though it has also been known to make factual errors and display bias.ChatGPT has helped kick off an AI frenzy on Wall Street. Shares of C3.ai Inc. 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