$NYT

Analysts made several calls on Tuesday, including upgrades for Nokia (NOK), The New York Times (NYT), Agilon (AGL), and Eli Lilly (LLY). Price targets were raised for NYT ($82), AGL ($125), and Palantir (PLTR, $250). Other notable actions include initiations on Janus Living, Vishay Intertechnology (VSH), and Samsara (IOT).

Wall Street analysts issued research calls on several companies. Eli Lilly (LLY) was upgraded to Buy with a $1,400 target, Etsy (ETSY) to Outperform with a $525 target, and New York Times (NYT) to Buy with an $82 target. Downgrades included Aptiv (APTV) to Neutral with a $56 target, Lear (LEA) to Neutral with a $150 target, and Magna (MGA) to Neutral with a $72 target. New initiations included Autodesk (ADSK) with a Neutral rating and $215 target, Rivian (RIVN) with a Neutral rating and $18 targ

Danielle Rhoades Ha, former SVP of communications at New York Times, has joined Emerson Collective as managing director of communications. Emerson Collective is a media, investment, and philanthropic organization that owns The Atlantic. Rhoades Ha's departure follows the Times' hiring of Katie Hill as its new SVP of communications.

NEW YORK TIMES CO (NYT) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On September 9, 2026, The New York Times Company (the “Company”) announced that Jacqueline Welch would be stepping down

Berkshire Hathaway's cash decreased from $397B to $366B in Q2, investing $31B. Major investments include Alphabet (now its 3rd-largest holding), Delta Air Lines, Macy's, Lennar, and The New York Times. It also repurchased $4.5B of its own shares and sold $3.7B in equity holdings. The company's cash deployment reflects strategic, patient investment decisions.

Berkshire Hathaway increased its stake in The New York Times (NYT). NYT reported 16% digital subscription revenue growth and expects 12%-15% growth in 2024. Management anticipates high single- to low double-digit ad revenue growth and 8%-9% cost increases. Analysts project revenue growth from $2.82B in 2025 to $3.52B in 2028, with an average price target of $78, 17% above current levels.

The US Justice Department supported OpenAI in a lawsuit by the New York Times, arguing that training AI models on copyrighted works benefits the public and economy. The Times alleges OpenAI and Microsoft used its articles without permission. The Justice Department claims the Times' interpretation would create anti-competitive barriers. The Times argues the stance undermines creators' sustainability. A $1.5 billion settlement was reached in a similar case involving Anthropic.

The Trump administration supported OpenAI in a copyright case with The New York Times, arguing that training AI models on internet content is fair use. The Justice Department stated that this practice benefits creativity and national security. The Times argues that OpenAI's use of its content without compensation threatens journalists' livelihoods and undermines copyright law. The case involves multiple news organizations and authors.

The Trump administration supported OpenAI in copyright lawsuits filed by publishers like The New York Times and Ziff Davis, arguing that ruling against OpenAI could hinder AI development and U.S. competitiveness. The government stated that AI models help others compete with large media corporations. The publishers argue that OpenAI's use of their content without permission or compensation undermines creators and AI developers.

News Corp (NWSA) reported Q2 revenue of $2.34B, up 10.8% YoY, beating estimates. Scholastic (SCHL) reported $476.1M, down 6.3% YoY, missing estimates. Warner Music Group (WMG) reported $1.86B, up 10.4% YoY, beating estimates. The New York Times (NYT) reported $762.5M, up 11.2% YoY, beating estimates. NWSA +5.7%, SCHL -17.3%, WMG +8.5%, NYT -10.9% since reporting.