Russia Strikes Back At Ukraine's Ground Incursion Into Kursk
Portfolio Pulse from Michael Juliano
Russia countered Ukraine's ground incursion into the Kursk region with missiles, drones, and airstrikes. Ukrainian forces had advanced into Russian territory, leading to a week-long battle. News organizations covering the war saw mixed stock movements.
August 13, 2024 | 8:43 pm
News sentiment analysis
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NEUTRAL IMPACT
Fox Corporation saw a slight decline of 0.08% to $36.22 despite the increased news coverage of the Russia-Ukraine conflict.
Despite the increased news coverage, Fox Corporation's stock saw a slight decline, indicating other factors may be influencing its stock price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
News Corporation, which owns The Wall Street Journal, rose 1.53% to $27.52 as news coverage of the Russia-Ukraine conflict increased.
The rise in News Corporation's stock price is likely due to increased engagement and traffic from its coverage of the Russia-Ukraine conflict.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The New York Times Company saw a 1.63% increase in stock price to $54.71 as news coverage of the Russia-Ukraine conflict trended upward.
Increased news coverage of the Russia-Ukraine conflict likely drove more traffic and engagement to The New York Times, positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Thomson Reuters Inc. saw a 1% increase in stock price to $162.25 as news coverage of the Russia-Ukraine conflict trended upward.
Increased news coverage of the Russia-Ukraine conflict likely drove more traffic and engagement to Reuters, positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80