Dernières nouvelles pour Fox (NASDAQ:FOXA) Stock

Fox operates in two segments: cable networks and television. Cable networks primarily includes Fox News, Fox Business, and several pay-TV sports stations. Television primarily includes the Fox broadcast network, 29 owned and operated local television stations, of which 18 are affiliated with the Fox network, and streaming platform Tubi, which is not subscription-based and is completely ad-supported. Fox effectively sold most of its entertainment assets to Disney in 2019, so it no longer creates entertainment content and relies heavily on live news and sports, with nearly all tied to the pay-TV bundle. The Murdoch family controls Fox.

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For the first time, Americans spent more time watching television via streaming platforms than on cable and broadcast combined in May.
According to Nielsen's latest monthly Gauge <a href="https://www.nielsen.com/news-center/2025/streaming-reaches-historic-tv-milestone-eclipses-combined-broadcast-and-cable-viewing-for-first-time/">report</a>, which tracks U.S. television consumption across cable, broadcast, and streaming using broadcast calendar weeks, streaming accounted for 44.8% of total TV viewing in May. That figure outpaced cable's 24.1% and broadcast's 20.1%, which together made up 44.2%. The May report covers viewing from April 28 through May 25 and marks the first full calendar month that streaming has led all television formats.
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<h2 class="wp-block-heading">Older Viewers Fuel Streaming Surge</h2>
While younger demographics have long embraced streaming, Nielsen's data indicates that older Americans — specifically those aged 65 and above — have become a major growth segment.
Viewers over 65 are now the fastest-growing age group watching YouTube on television sets, with TV-based watch time up 106% since May 2023, according to Nielsen. Their viewing levels now match those of children under 11, another cohort known for high YouTube consumption.
These older viewers have gravitated toward free ad-supported streaming television services such as Tubi, Roku Channel, and PlutoTV. According to Nielsen, these platforms collectively made up 5.7% of total television time in May, more than the combined share of Disney+ and Hulu.
Brian Fuhrer, Nielsen's senior vice president of product strategy, told the <a href="https://www.nytimes.com/2025/06/17/business/media/streaming-beats-cable-broadcast.html">New York Times</a> that older viewers are comfortable with ads and are drawn to nostalgic programming. This demographic shift has propelled classic shows like "Gunsmoke," which ended in 1975, back onto Nielsen's list of top-streamed titles.
Trending: This Jeff Bezos-backed startup will allow you to<a href="https://www.benzinga.com/money/bezos-landlord-100-dollars"> become a landlord in just 10 minutes, with minimum investments as low as $100</a>.
<h2 class="wp-block-heading">Cable Declines as Original Programming Wanes</h2>
Cable television's 39% drop in viewership since 2021, as noted by Nielsen, has been attributed in part to a sharp reduction in original scripted content. Networks such as TBS, USA, and MTV, once known for original programming, have pivoted to airing reruns and movie marathons, leading viewers to migrate elsewhere. According to the Times, media companies have diverted resources away from cable toward their respective streaming platforms.
This strategic shift has led to corporate restructuring. NBCUniversal and Warner Bros. Discovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) are reportedly planning to spin off large portions of their cable holdings into separate entities, the Times reported.
Meanwhile, niche streaming platforms like BritBox, Crunchyroll, and Hallmark+ have seen a rise in subscriptions, filling the void once occupied by specialty cable networks, the Times reported.
<h2 class="wp-block-heading">Broadcast Retains Big Events, But Streaming Joins In</h2>
Broadcast television has fared slightly better than cable, with a 20% decline in viewership over four years, according to Nielsen. Big events continue to draw large audiences, but increasingly, these events are also being streamed.
Super Bowl LIX in February <a href="https://corporate.tubitv.com/press/4545/">broke ratings records</a> in part due to its simulcast on Tubi, the streaming platform owned by Fox Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>, FOX)). This year's Oscars were streamed live on Hulu for the first time, expanding access beyond traditional broadcast formats.
<h2 class="wp-block-heading">YouTube And Netflix Lead The Streaming Pack</h2>
According to Nielsen, YouTube accounted for 12.5% of all TV viewing in May, the highest share of any streaming platform. Netflix followed with about 8%. Both platforms have experienced significant growth — YouTube usage has more than doubled since 2021, and Netflix viewership has climbed 27% over the same period.
Ted Sarandos, co-CEO of Netflix, told the Times that company co-founder Reed Hastings predicted the end of cable and broadcast as early as 1999, envisioning a future where "every bit of filmed entertainment is going to come into the home through the internet," Sarandos recalled a 2019 <a href="https://interviews.televisionacademy.com/interviews/ted-sarandos">interview</a> with the Television Academy.
The trend appears to be holding: Nielsen data show that streaming usage has increased by 71% since May 2021.
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Boomers Push Streaming Past Traditional TV as YouTube Viewership Soars 106%

UBS analyst John Hodulik maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Buy and raises the price target from $63 to $65.

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UBS Maintains Buy on Fox, Raises Price Target to $65

B of A Securities analyst Jessica Reif Ehrlich maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Buy and raises the price target from $60 to $65.

B of A Securities Maintains Buy on Fox, Raises Price Target to $65

Guggenheim analyst Michael Morris maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Buy and raises the price target from $60 to $62.

Guggenheim Maintains Buy on Fox, Raises Price Target to $62

Fox's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NYSE">FOXA</a>) short percent of float has fallen 3.42% since its last report. The company recently reported that it has 15.58 million shares sold short, which is 8.48% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.35 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Fox Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1750708856_0_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Fox has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Fox's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Fox's peer group average for short interest as a percentage of float is 6.19%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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What Does the Market Think About Fox?

FOX Expands its Sports Broadcasting Footprint in Mexico with the Acquisition of a&nbsp;Market Leading Streaming Channel and Sports Rights Catalog
LOS ANGELES, June 19, 2025 /PRNewswire/ --&nbsp;Fox Corporation ("FOX" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>, FOX))) today announced its acquisition of Caliente TV, a leading sports broadcasting platform in Mexico. Carlos Martinez, a longtime industry executive, has been appointed to the role of Executive Vice President and Managing Director, Latin America, Fox Corporation, responsible for overseeing the overall FOX broadcast strategy in&nbsp;Latin America and the transition of Caliente TV&nbsp;in Mexico and the channel's launch in Central America.

FOX Acquires Mexico's Caliente TV To Expand Sports Broadcasting Presence In Latin America; No Financial Terms Disclosed

Fox Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) Fox Advertising on Monday <a href="https://www.benzinga.com/pressreleases/25/06/n45943816/fox-advertising-launches-enhanced-brand-storytelling-program-with-strategic-investment-in-the-ligh" target="_blank" rel="noreferrer noopener">announced a strategic investment</a> in The Lighthouse (part of the Whalar Group), the innovative studio and campus space explicitly designed for Creators to collaborate and develop content.
The financial terms of the deal remain undisclosed.
The investment will also support the launch of Fox&#8217;s new IP development initiative, which aims to fuel Creator-led franchises across its content portfolio.
Also Read: <a href="https://www.benzinga.com/markets/tech/25/06/45876224/youtube-contributed-55-billion-to-us-gdp-new-report-reveals-the-creator-economy-is-just-getting-started-says-ceo-neal-mohan">YouTube Contributed $55 Billion To US GDP, New Report Reveals: &#8216;The Creator Economy Is Just Getting Started,&#8217; Says CEO Neal Mohan</a>
The strategic investment will strengthen Fox&#8217;s commitment to Creator-powered innovation and content creation.
Unveiled at the&nbsp;Cannes Lions International Festival of Creativity, Fox, and The Lighthouse&#8217;s future-forward strategic relationship, together with the launch of Fox&#8217;s new IP development initiative, will bring together the art of storytelling, brand integration, and new media experiences and will allow advertisers to collaborate with Creators around brand sponsorships and advertising inventory tied to new properties, as well as access to a pipeline of Creator-led properties designed for maximum cultural relevance and creative impact.
Fox held $4.82 billion in <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/n45344835/fox-reports-third-quarter-fiscal-2025-revenues-of-4-37-billion-net-income-of-354-million-and-adjus" rel="noreferrer noopener">cash and equivalents</a> as of March 31, 2025.
Fox stock surged 59% in the last 12 months. The company reported <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45350789/fox-q3-win-65-ad-surge-driven-by-super-bowl-tubi-growth" rel="noreferrer noopener">third-quarter revenue</a> of $4.37 billion, up from $3.45 billion a year ago, beating the&nbsp;analyst&nbsp;consensus estimate of $4.16 billion.&nbsp;
Adjusted net income was $507 million, or $1.10 per share, beating the&nbsp;analyst&nbsp;consensus estimate&nbsp;of&nbsp;$0.90.&nbsp;It was&nbsp;$520 million or $1.09 per share a year ago.
Price Action: FOXA stock is trading lower by 0.04% to $49.28 premarket at last check on Monday.
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Photo by KinoMasterskaya via Shutterstock

Fox Backs The Lighthouse To Develop Creator-Led Franchises

FOX Advertising announced today a strategic investment in&nbsp;The Lighthouse (part of the Whalar Group), the innovative studio and campus space designed specifically for Creators to collaborate and develop content. The
FOX Advertising announced today a strategic investment in&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4449292-1&amp;h=271618661&amp;u=https%3A%2F%2Fwww.thelighthouse.com%2F&amp;a=The+Lighthouse">The Lighthouse</a> (part of the <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4449292-1&amp;h=2909397130&amp;u=https%3A%2F%2Fwhalargroup.com%2F&amp;a=Whalar+Group">Whalar Group</a>), the innovative studio and campus space designed specifically for Creators to collaborate and develop content. The investment will also support the launch of FOX's new IP development initiative aimed at fueling Creator-led franchises across its content portfolio.
At a time when brands and media companies are seeking immersive, IP-first ecosystems that blend content, commerce and culture, this strategic investment will further strengthen FOX's commitment to Creator-powered innovation and content creation.

FOX Invests in Creator Studio The Lighthouse to Launch New Franchise-Driven Content Initiative

President Donald Trump's upcoming birthday bash comes with tanks, troops—<a href="https://www.benzinga.com/topic/donald-trump">and no primetime</a>.
What Happened: A $45-million military parade in Washington D.C. to celebrate <a href="https://www.benzinga.com/markets/25/05/45184301/us-armys-250th-anniversary-parade-to-coincide-with-trumps-79th-birthday">the Army's 250th anniversary</a>—and Trump's 79th birthday on June 14—won't air on any major broadcast networks, as top media outlets prioritize sports and streaming.
Unlike events like <a href="https://www.benzinga.com/general/entertainment/25/01/43139381/how-many-people-watched-donald-trumps-2025-inauguration-spoiler-less-than-biden-four-years-ago">Trump&#8217;s inauguration in January</a>, the president's military parade will be relegated to streaming platforms and off-broadcast television for major media networks.
ABC News, which is a unit of The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), will cover the parade on its ABC News Live streaming platform Saturday, Variety <a href="https://variety.com/2025/tv/news/trump-military-parade-tv-news-coverage-cbs-nbc-abc-1236425125/">reported</a>.
Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) will utilize its NBC News Now streaming outlet to cover the event instead of its NBC broadcast channel.
Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) will cover the event on its CBS News 24/7 streaming network.
Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) will also keep coverage off its FOX channel. Instead, it will utilize the right-leaning Fox News Channel, which will have four hours of special coverage from 6 p.m. ET to 10 p.m. ET.
Many media companies are choosing to air regularly scheduled programming over the parade.
Disney's ABC broadcast channel has the UFL Championship game Saturday night during the parade window. Comcast's NBC has US Open Golf coverage. CBS plans to air local programming, evening news and regularly scheduled programming. FOX has Major League Baseball coverage.
Along with the broadcast television sports coverage, there will also be Game 5 of the <a href="https://www.benzinga.com/news/sports/25/06/45783102/canadas-32-year-stanley-cup-drought-could-end-in-2025-oilers-vs-panthers-odds-schedule-how-to-watch">Stanley Cup Finals</a> taking place 8 p.m. ET during the parade time window. The NHL game will air on TNT and truTV and stream on MAX, which are all owned by Warner Bros. Discovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>).
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Why It's Important: Whether viewers tune into streaming coverage of the parade remains to be seen. The Army expects up to 200,000 people to attend and estimates it&#8217;ll <a href="https://apnews.com/article/military-parade-army-trump-birthday-veterans-0912f4009b4d9fc157b35bb9edf9375a">cost</a> taxpayers up to $45 million — a <a href="https://www.dailymotion.com/video/x9l5srk">price Trump called &#8220;peanuts.&#8221;</a>
Portions of Washington, D.C., will be closed for the event, which will feature heavy-duty army vehicles, aircraft, military members and a fireworks show at 9:45 p.m. ET.
Given the lack of coverage by broadcast television and the parade&#8217;s competition with several sporting events, viewership for the parade will likely be low. It will likely become a political talking point for those not supporting the current administration.
<a href="https://www.benzinga.com/general/entertainment/25/01/43139381/how-many-people-watched-donald-trumps-2025-inauguration-spoiler-less-than-biden-four-years-ago">Viewership for Trump's inauguration</a> was 24.5 million, less than the 33.8 million who tuned in for President Joe Biden's inauguration in 2021. It&#8217;s also down from the 30.6 million that watched Trump's first-term inauguration in 2017. Viewers watching on streaming platforms like Rumble Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) weren't included in the final tally.
The parade on Saturday comes as<a href="https://www.benzinga.com/news/politics/25/06/45851810/trump-supports-arrest-of-california-governor-gavin-newsom-as-us-deploys-700-marines-to-los-angeles"> protestors in California</a> and other regions of the country bring attention to Trump&#8217;s <a href="https://www.benzinga.com/news/events/25/06/45878983/us-cities-brace-for-escalating-immigration-protests-los-angeles-enforces-curfew-national-guard-deployed-amid-trump-crackdown">immigration crackdown</a> and use of the National Guard. Trump <a href="https://x.com/atrupar/status/1932479661386145833">warned</a> protestors who want to come out to Washington, D.C., that "they will be met with very heavy force.&#8221;
The U.S. Constitution protects the right to peacefully protest.
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Airtime Denied: Trump B-Day, Military Parade Gets Streaming Treatment

Fox's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NYSE">FOXA</a>) short percent of float has risen 8.13% since its last report. The company recently reported that it has 16.14 million shares sold short, which is 8.78% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.31 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Fox Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748872827_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Fox has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Fox's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Fox's peer group average for short interest as a percentage of float is 6.00%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About Fox?

Millions of people around the world will watch the Indianapolis 500 race on Sunday, May 25. Cryptocurrency investors and fans, especially those who like Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) may have more reasons to tune into this year's race.
2025 Indianapolis 500:<a href="https://www.benzinga.com/markets/cryptocurrency/21/06/21613689/doge-car-returns-to-nascar-how-to-get-merchandise-and-bet-on-the-car-to-win"> Cars in NASCAR</a> and other racing leagues have been adorned with versions of the iconic Shiba Inu logo used by Dogecoin and on Sunday, fans watching the Indianapolis 500 will see the Dogecoin logo on Devlin DeFrancesco's car.
The number 30 car from Rahal Letterman Lanigan Racing qualified 16th and will be one of the many cars trying to win the Indianapolis 500.
The race kicks off at 12:30 p.m. ET on Sunday, May 25, and will be covered on FOX, a unit of Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>).
Read Also: <a href="https://www.benzinga.com/markets/cryptocurrency/21/12/24814327/2021-was-the-year-of-dogecoin-a-month-by-month-retrospective-with-top-stories">2021 Was The Year Of Dogecoin: A Month By Month Retrospective With Top Stories</a>
Betting Odds: DeFrancesco has five starts for IndyCar in the 2025 season and 39 career <a href="https://www.indycar.com/Drivers/Devlin-DeFrancesco">starts</a>. The driver has never won a race and does not have any top-10 finishes.
DeFrancesco has raced in the Indianapolis 500 twice, with his best finish being 13th in 2023. The driver improved on his starting position in each of those two races.
The Dogecoin ambassador has odds of +10,000 to win the Indianapolis 500 at sportsbook DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>). This means a $1 bet would pay out a profit of $100 if DeFrancesco wins the race.
Bettors can also wager on a top-two finish (+4,000), top-three finish (+2000), or top-five finish (+1,300).
The favorites to win the race are Pato O'Ward (+500), Alex Palou (+550) and Scott Dixon (+800). Josef Newgarden, who has won the last two Indianapolis 500 races and could become the first three-time consecutive winner, is listed with the seventh-best odds at +950.
Crypto bettors can also place wagers on prediction markets like <a href="https://polymarket.com/event/2025-indy-500-winner?tid=1748030326438">Polymarket </a>and <a href="https://kalshi.com/markets/kxindy500/indy-500-winner">Kalshi</a>.
On Polymarket, DeFrancesco has a 1% chance of winning the race, with Palou and O&#8217;Ward the favorites at 17% and 16%, respectively.
On Kalshi, DeFrancesco is listed with a 1% chance of winning the race, with O&#8217;Ward and Palou the favorites at 18% and 17%, respectively.
About DeFrancesco: The race car driver was <a href="https://dogecoin.org/blog/2025-05-07-devlin/">born </a>15 weeks premature and weighed only one pound with a small chance of living. Overcoming significant odds at life and becoming a professional race car driver, DeFrancesco has lived by the motto "Born fast."
"It's a miracle we still don't fully comprehend," DeFrancesco said.
DeFrancesco's parents said their son couldn't sit still in his early years. A commercial featuring racing legend Mario Andretti prompted DeFrancesco to love racing from the age of 6.
The racer worked his way up to IndyCar through various other racing leagues. He also demonstrated a passion for other drivers and the embodiment of the "Do Only Good Everyday &#8221; philosophy, which Dogecoin is known for today.
Dogecoin Sponsorship: The number 30 Honda car will feature a fan-voted design, and Dogecoin will be one of the main sponsors of the vehicle in the race.
The Dogecoin Foundation is named a corporate partner for the car, and the House of Doge also sponsors the vehicles. DeFrancesco's firesuit features the Dogecoin logo.
"Dogecoin's about community and defying expectations. That's my race, too, where the finish line is the moon!" DeFrancesco said.
The race car driver credits his brother with helping him invest in Dogecoin in 2020. DeFrancesco, who loves dogs and believes in the "Do Only Good Everyday" mantra, was impressed by the Dogecoin community.
"It's more than a currency – it's a community that lifts everyone up."
Beyond the sponsorship, DeFrancesco also receives a portion of his salary in Dogecoin, becoming the first professional race car driver to do so.
"I first invested in Dogecoin in 2020 and drove everyone crazy, telling anyone who would listen that they needed to own it."
The driver has also teamed up with the Dogecoin Foundation and House of Doge to make donations to a charity close to his heart. DeFrancesco supports the Riley Hospital for Children, a pediatric research hospital in Indiana.
"Riley's is giving children like me a fighting chance. Now it's my turn to help others cross their finish line."
DeFrancesco has encouraged fans to donate to the children's hospital and will be auctioning off his helmet from the race, featuring the Dogecoin logo, with proceeds going to the hospital.
With the Dogecoin community rallying behind DeFrancesco, the number 30 Honda may have a little extra support in this year's Indianapolis 500.
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Dogecoin Car To Race In Indianapolis 500: How To Watch, Bet On Driver Devlin DeFrancesco

Wells Fargo analyst Steven Cahall maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Overweight and raises the price target from $58 to $62.

Wells Fargo Maintains Overweight on Fox, Raises Price Target to $62

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Fox shares are trading higher after multiple firms raised their respective price targets on the stock.

Loop Capital analyst Alan Gould maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Buy and raises the price target from $62 to $64.

Loop Capital Maintains Buy on Fox, Raises Price Target to $64

Barclays analyst Kannan Venkateshwar maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Equal-Weight and raises the price target from $45 to $52.

Barclays Maintains Equal-Weight on Fox, Raises Price Target to $52

Morgan Stanley analyst Benjamin Swinburne maintains Fox (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) with a Equal-Weight and raises the price target from $57 to $60.

Morgan Stanley Maintains Equal-Weight on Fox, Raises Price Target to $60

Today FOX Advertising announces the launch of the&nbsp;OneFOX converged media platform, powered by AdRise built on a foundation of AI-driven technology and tools.
This intelligence platform will harness audience &amp; contextual signals along with behavioral, creative and campaign analytics to create more personalized ad experiences for consumers and increase ad efficacy for advertisers.
The genesis of the platform began a little over a year ago with AdRise developing the proprietary building blocks that support unified planning tools, activation and measurement across FOX Entertainment, FOX Sports, FOX News Media and Tubi.
The accelerated growth and evolution of machine learning and LLMs, has unlocked new entrants into the category and with FOX's investment, AdRise has been at the forefront in building next gen capabilities to better connect fans and brands. These solutions are underpinned by a data strategy that moves from an over-reliance on identities to AI-driven matches and inferences focused on outcomes. This strategy will also evolve clean-rooms and retail media networks towards true secure data co-ops.
"There is a lot of buzz about AI, but we're actually seeing a growing number of partners and customers experiment with AI-driven audience modeling and advanced targeting that will dramatically enhance current identity-based infrastructures," said Stephano Kim, Chief Strategy and Operations Officer, FOX Ad Sales. "As we lean into protecting consumer data and their privacy, we are looking for better alternatives to connecting brands and their consumers in a safe and compliant way."
OneFOX has been building towards a unified solution for the last few years and this Upfront season will culminate in a platform release that enables marketers to activate FOX's portfolio with precision across its premium live, on-demand and digital content. This proprietary intelligence platform will dynamically align brand goals with the right audience, programming, and consumer touch point to make every moment count for advertisers and FOX's audiences.&nbsp;
"OneFOX is known for delivering valuable and incremental audiences from across our portfolio of best-in-class content," said Jeff Collins, President of FOX Ad Sales, Marketing &amp; Brand Partnerships. "We've heavily invested in these next gen solutions so that advertisers can now maximize the impact they have when engaging with our leaned–in audience."
Key capabilities include:
<ul>
<li>AI-Powered Planning: Predictive models surface optimal campaign strategies across genres and platforms—&nbsp;from the big game to breaking news. &nbsp;</li>
<li>Unified Activation: Converged audience insights enable holistic planning to be activated across linear, addressable and digital media. &nbsp;</li>
<li>Outcome-Based Measurement: Real-time insights tie media strategies to business outcomes and client objectives, including sales lift, engagement, and brand resonance.</li>
</ul>

FOX Announces Launce Of AI-Driven Converged Media Platform Across Its Portfolio

Fox shares are trading higher after the company reported Q3 financial results and beat its adjusted EPS and revenue estimate.

Fox Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) reported&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/n45344835/fox-reports-third-quarter-fiscal-2025-revenues-of-4-37-billion-net-income-of-354-million-and-adjus" rel="noreferrer noopener">fiscal third-quarter</a>&nbsp;results on Monday.
The company reported quarterly revenue of $4.37 billion, up from $3.45 billion a year ago, beating the&nbsp;analyst&nbsp;consensus estimate of $4.16 billion.&nbsp;
Adjusted net income was $507 million, or $1.10 per share, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst&nbsp;consensus estimate </a>of&nbsp;$0.90.&nbsp;It was&nbsp;$520 million or $1.09 per share a year ago.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/02/43468780/fox-q2-earnings-revenue-and-eps-beat-fall-sports-schedule-and-election-cycle-drove-performance-plans-new-streaming-service" rel="noreferrer noopener">Fox Q2 Earnings: Revenue And EPS Beat, Fall Sports Schedule and Election Cycle Drove Performance, Plans New Streaming Service</a>
The stock gained after the report.
Cable Network Programming reported quarterly segment revenues of&nbsp;$1.64 billion, an increase of&nbsp;11% Y/Y.&nbsp;Television reported quarterly segment revenues of&nbsp;$2.70 billion, an increase of 40% Y/Y.
Affiliate fee revenues increased by 3.5% to $2.01 billion, driven by 4%&nbsp;growth in the Television and 3% increase in Cable Network Programming segments.&nbsp;
Advertising revenues increased 65% to $2.04 billion, primarily due to the impact of&nbsp;Super Bowl LIX, continued digital growth led by the Tubi AVOD service, and stronger news ratings and pricing.
More advertisers have turned to the company to capture its growing viewership amid economic uncertainty due to changing U.S.&nbsp;trade policies.
During the quarter, the company bought back about $250 million of its Class A common stock; under the current buyback program, about $650 million remains.
Price Action: FOXA stock is up 5.5% at $53.03 at last check on Monday.
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Photo: DavideAngelini/Shutterstock

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Fox Corporation President and Chief Operating Officer John Nallen to Participate in MoffettNathanson's Media, Internet & Communications Conference 2025

FOX REPORTS THIRD QUARTER FISCAL 2025 REVENUES OF $4.37 BILLION, NET INCOME OF $354 MILLION, AND ADJUSTED EBITDA OF $856 MILLION

FOX UNVEILS NAME OF NEW STREAMING SERVICE - FOX ONE

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Puja Vohra Joins Fox Corporation as Chief Marketing Officer and Executive Vice President, Advertising Sales

FOX Advertising Enhances Its Converged Media Platform Through New Collaborations with Experian & TransUnion and Its Expanded Relationship with LiveRamp

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