Comcast lost 409,000 video customers in the first quarter, more than twice of what it lost last quarter. At the same time the company added 477,000 high-speed Internet customers, slightly up from last quarter. The cable giant told investors on an analyst call Thursday that it expects the rate of video customer losses to increase as people look to cut costs as a result of the economic downturn. ...
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Instacart’s Bleak Second-Half Outlook: Slower Growth, Lower Profits
Instacart’s first couple of quarters on the public markets could come with slower revenue growth and lower profits than it reported in the first half, according to private forecasts from analysts at banks that underwrote Instacart’s initial public offering this month. The low expectations could further dent Instacart’s stock price, which has still been hovering around its IPO...
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