Bernstein SocGen Group has reiterated its Outperform rating on Charter Communications (CHTR) with a price target of $380.00, despite the stock trading at $258.77 and falling over 10% since the upgrade. The firm believes Charter is undervalued based on its Fair Value model and expects ARPU growth to offset projected subscriber losses of over 1 million in 2025. While acknowledging potential EBITDA pressure in the second half due to increased spending on broadband and mobile customer acquisition, Bernstein projects full-year EBITDA growth. The company currently generates $55.22 billion in revenue and $22.18 billion in EBITDA. Bernstein also notes that Charter’s free cash flow has historically been below interest expense from 2023 to 2025, but expects this to reverse in 2026 with declining capital expenditures. In a separate development, Charter suspended its share repurchase agreement with Advance/Newhouse Partnership, effective after the next closing date, pending the completion or termination of a transaction outlined in a JO:NTUJ Agreement dated May 16, 2025, involving Charter, Charter Communications Holdings, LLC, and Cox Enterprises, Inc. The transaction has been approved by shareholders with over 99% voting in favor. UBS has lowered its price target to $355 from $425, maintaining a Neutral rating due to weaker-than-expected second-quarter results, including 0.6% year-over-year revenue growth and a 0.1% EBITDA decline (excluding items), compared to 4.8% growth in the first quarter.

Steven A. Miron and Steven O. Newhouse have resigned from the board of Warner Bros. Discovery following a U.S. Department of Justice investigation into potential violations of Section 8 of the Clayton Antitrust Act. The probe focuses on their simultaneous service on the boards of Warner Bros. Discovery and Charter Communications, which are competitors in the video distribution sector. Both individuals are connected to the Newhouse family, which holds approximately 8% of WBD stock through its prior ownership in Discovery. Miron is also a director at Charter, as is Michael Newhouse, another family member. The resignation comes amid scrutiny over overlapping board memberships between competitors.

The article highlights that S&P 500 gains in 2025 are heavily concentrated in 10 mega-cap technology stocks, with weak market breadth and underperformance across other sectors. Key laggard stocks include Gartner, Charter Communications, Fortinet, Novo Nordisk, Trade Desk, Chipotle, and Vertex, facing sector-specific challenges such as competition, slowing growth, and bearish sentiment. Healthcare, IT services, and communications sectors are under pressure. The article suggests investors consider these plunging stocks as potential value opportunities, comparing them to more stable stocks like AT&T, Verizon, and McDonald's. Since April 2 (Liberation Day), just 10 large stocks have accounted for approximately 80% of the S&P 500's returns, indicating a lack of broad market participation.

Parks Associates' latest research indicates that 47% of U.S. internet households own a security solution, either a system or device, with 35% subscribing to a paid security service. The research highlights the growing integration of AI in residential security, emphasizing features like intelligent presence detection, contextual awareness, and adaptive learning. A virtual roundtable titled 'Intelligence Over Hardware: Security Meets Smart Tech' is scheduled for August 12 at 12 PM CT, co-hosted by Parks Associates and Ubiety Technologies, featuring executives from ADT, Brinks Home, Evolution Digital, and Hotwire Communications. The event explores how AI-driven platforms are transforming traditional security systems into responsive, user-centric solutions that reduce false alarms and improve customer experience.

Warner Bros. Discovery has announced the appointment of Daniel Sanchez to its board of directors, effective October 1. Sanchez, who previously served on the Discovery board prior to the 2022 WarnerMedia merger, brings legal expertise in tax law and tax planning to the company. He is the nephew of John Malone, a major shareholder in media companies such as Liberty Global Ltd. and Charter Communications, and currently serves on the boards of Liberty Global and Liberty Latin America. Malone is also a mentor to Warner Bros. Discovery CEO David Zaslav.