News Corp tops earnings expectations on strength at Dow Jones, real estate and book publishing units
1. News Corp reported $306 million net income, beating expectations. 2. Real estate and Dow Jones divisions drove strong revenue growth. 3. CEO praised OpenAI deal amidst criticism of generative AI. 4. Quarterly revenue rose to $2.24 billion, up from $2.14 billion. 5. Increased business confidence noted since the election.