Barclays Sees 2026 as a Pivotal Year for Comcast and the Broader Telecom Landscape
On January 13, Barclays analyst Kannan Venkateshwar lowered the firm’s price target on Comcast Corporation (NASDAQ:CMCSA) to $28 from $30 and maintained an Equal Weight rating. The change came as part of a broader adjustment to price targets across the cable, satellite, and telecom services group tied to Barclays’ 2026 outlook.
In the note, the analyst said 2026 “could establish the longer-term operating road map for convergence, which may also require a different capital allocation template across the industry.” Even after the reset, Barclays said Comcast “could be an interesting value opportunity.”
On the business front, Comcast has been leaning into new distribution channels. Earlier in December, the company and Amazon announced the rollout of Amazon Luna across millions of Xfinity TV and streaming devices in the US. Xfinity customers with eligible X1 or Xfinity Xumo Stream Box devices can now access Amazon Luna’s game library directly through their existing entertainment setup.
Amazon Luna itself has also been refreshed. The service has been redesigned to appeal to players with a wide range of interests and experience levels. Prime members now get access to more than 50 games at no extra cost. The offering includes GameNight experiences designed for living-room play, with no controller required. Players can scan a QR code on their TV and join using their mobile phones.
Comcast Corporation (NASDAQ:CMCSA) is a global media and technology company that provides broadband, wireless, and video services through its brands.
While we acknowledge the potential of CMCSA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Barclays is targeting select business cardholders with an offer to earn a $100 statement credit for spending $750 or more within a month. The offers were sent out via email. Check out the details below.
Offer Details
Spend $750 using your JetBlue Business Card between December 23, 2025 and January 23, 2026 and you’ll receive a $100 statement credit. This offer is valid for select cardmembers and is not transferable.
Important Terms
If your account is closed or you switch to another product during the promotional period, you may no longer be eligible for this promotion.
If you receive this offer and spend $750 or more in purchases, less credits, returns and adjustments (“Net Purchases”) with transaction dates between December 23, 2025 and January 23, 2026, you will receive a $100 statement credit.
Net Purchases made during the promotional period that are later returned or rescinded are not eligible. Barclays is not responsible for merchant posting times.
The statement credit earned from this promotion will appear on your statement 6–8 weeks after the end of the promotion.
Guru’s Wrap-up
The offer is going out to select Barclays business cardholders. The email subject is “You could win $10,000 to reinvest in your business”. You can also check the offers section in your Barclays business card account.
Are these the biggest clues yet about who exactly is in the Epstein files?!? Plus an actual name?! HOW IS THIS NOT THE BIGGEST STORY RIGHT NOW???
Donald Trump and his loyal DOJ and FBI leaders shocked some of the MAGA faithful with their about-face on Jeffrey Epstein. They went from teasing a big reveal to actually having teams of agents spend hundreds of hours reading the files… and suddenly deciding it all needed to be swept under the rug.
Well, a small handful of Republicans have stood up to Trump on the Epstein issue, and their leader, Representative Thomas Massie from Kentucky, finally got one of those rug-sweepers in the hot seat this week.
Kash Patel has been testifying to Congress the past couple days, being grilled on numerous scandals and mistakes, by Democrats and Republicans alike. But on Wednesday, Massie got to ask the biggest question we think America has right now: WTF?!?
Kash In Pocket
OK, Massie didn’t say that. But he did confront the seemingly confused FBI director about his inane claim to the Senate on Tuesday that Epstein didn’t traffic the girls to anyone. If you missed that claim, Patel maintained to Senator John Kennedy:
“There is no credible information, none… that he trafficked to other individuals.”
So Jeffrey Epstein trafficked underage girls to NO ONE? Despite the victims saying very clearly they were trafficked to powerful men? Well, Massie made his big play here. When Epstein’s victims got together and said they’d make their own list, Massie said he and Marjorie Taylor Greene might be able to reveal it even if the girls couldn’t themselves. And on Wednesday he gave us the first name! He defied Patel, saying:
“According to victims who cooperated with the FBI in that investigation, these documents in FBI possession — in your possession — detail at least 20 men, including Mr. Jes Staley, CEO of Barclays Bank, who Jeffrey Epstein trafficked victims to.”
Whoa, what?!?
HE ACTUALLY NAMED SOMEONE! HE DROPPED A NAME FROM THE EPSTEIN LIST! HOW IS THIS NOT THE BIGGEST STORY OF THE DAY?!
The First Name
Who the heck is James Edward “Jes” Staley? A few months after Epstein’s death, the CEO of Barclays was investigated for mischaracterizing his relationship with him. Ultimately he resigned from his position.
(c) Bloomberg/YouTube
He was later named in a lawsuit against JP Morgan. An Epstein victim accused the bank of enabling Epstein financially — and Staley specifically of knowing exactly what he was doing. According to The New York Times, Staley was Epstein’s “chief defender” at JP Morgan, helping him keep his huge accounts despite suspicions he was up to no good. The lawsuit, revealed in January 2023, alleged Staley personally witnessed Epstein’s abuse of an underage girl.
Why would he look the other way, so to speak? Well, it sounds like Massie says one of the victims told the government she’d been trafficked TO HIM!
Currently he’s only facing civil and financial consequences.
Major Effing Clues!
Massie was far from finished. He may have only given one actual name, but he made very clear there’s a list of men accused of wrongdoing, and it’s in the government’s hands. He spoke about the men who were named by Epstein’s victims — and gave some major clues on who they are! He said:
“That list also includes at least 19 other individuals: One Hollywood producer worth a few hundred million dollars. One royal prince. One high profile individual in the music industry. One very prominent banker. One high profile government official. One high profile former politician. One owner of a car company in Italy. One rock star. One magician. At least six billionaires, including a billionaire from Canada. We know these people exist in the FBI files, the files you control. I don’t know exactly who they are, but the FBI does. Have you launched investigations into any of these individuals?”
YOWZA! That is a lot of clues all at once!
Well, look, the Royal prince one is easy. Prince Andrew is one of the only men who have been accused publicly. Virginia Roberts Giuffre claimed she was trafficked to him by Epstein multiple times, including when she was just 17 years old. Here they are together in a photo with Epstein’s convicted accomplice Ghislaine Maxwell.
(c) BBC/WENN
As for the “high profile government official” and “high profile former politician”? Pretty horrific to know our taxes have supported people like this, isn’t it?
And then there’s “magician” — what a wild profession to throw out, right? But probably the most intriguing to us? A rich Hollywood producer?? A “rock star”? A “high profile individual in the music industry”?? Our minds are racing with ideas, though we’ve never, to our recollection, heard of any connection between Epstein and any specific people who fit these bills. Do YOU know who he’s talking about??
Anyway, let’s check back in on what Patel has to say for himself…
Kash Tries To Pass The Buck
When Patel tried to reiterate that he hadn’t seen credible evidence yet, Massie pressed, remind him VICTIM TESTIMONY is evidence! He straight up asked the FBI head:
“Is it your assertion that these victims aren’t credible? That the 302s maybe didn’t produce credible statements that rise to probable cause?”
Patel said it was the decision of US attorneys, noting some were in past administrations. Totally passing the buck. Massie didn’t let him get away with it. He
“Have you viewed the 302 documents where they victims name the people who victimized them?”
Patel admitted he has not “personally” viewed the documents in question. So Massie hit him with:
“So how can you sit here, and in front of the Senate, and say there are no names? I named one today.”
He sure as hell did.
Patel squirmed again, saying the FBI won’t release “victim names” or “in-credible evidence.” So let’s see if we’ve got this right… Despite the fact he was such a vocal crusader for the Epstein list before this job, Patel hasn’t made it a priority to personally look at any of this evidence, any of the victim testimony, in the nearly SEVEN MONTHS he’s been on the job. Instead, he’s totally satisfied being told there’s nothing to see, and he’s accepted that without looking for himself??
Yeah, it didn’t sound like Massie bought any of that. You can see his full interrogation (below):
Out Of The Frying Pan…
Look, so far we’ve only been speaking about Kash Patel getting grilled by Republicans. But when it came to Dems, it was pretty bad, too. Though it did lean a little worse for Trump, as you might imagine…
Eric Swalwell asked Patel did he ever “tell Donald Trump his name is in the files?” The FBI director said he’d never spoken to Trump about Epstein files. (Wow, but OK.) So Swalwell asked next:
“Did you ever tell the the Attorney General that Trump’s name is in the Epstein files?”
This should have been a simple NO, right? Instead Patel gave a non-answer, saying:
“The attorney general and I have had numerous discussions about the entirety of the Epstein files and the reviews conducted by our team.”
Yeah, definitely didn’t answer that one. So Swalwell pressed him on it, asking again if he’d ever told the AG that Trump’s name was in the Epstein files. Patel again tried to skate around the answer, saying:
“During many conversations that the Attorney General and I have had on the matter of Epstein, we have reviewed…”
Swalwell wasn’t having it. He said, “The question is simple,” asking again sarcastically slowly. Patel refused to answer and started attacking Swalwell and his home state of California instead. Eventually the Congressman had to give up and said simply:
“We’ll take your evasiveness as consciousness of guilt.”
SWALWELL: Did you ever tell Donald Trump his name is in the files?
PATEL: I have never spoken with Donald Trump about the Epstein files
SWALWELL: Did you ever tell the AG that Trump’s name is in the Epstein files
It went on like that with some others. At no time, speaking to either side of the aisle, did Patel look like he had any interest in getting to the truth about Epstein and his co-conspirators. Shame.
Do you want Congress to demand release of the full Epstein files? Learn how to peacefully contact your reps to demand action at https://www.usa.gov/elected-officials.
Victoria’s Secret & Co. (NYSE:VSCO) is one of the Best Consumer Cyclical Stocks to Buy According to Hedge Funds.On August 29, Barclays lifted the company’s price objective to $27 from $23, while maintaining an “Overweight” rating, as reported by The Fly. Victoria’s Secret & Co. (NYSE:VSCO) posted a fiscal Q2 2025 beat, which didn’t reflect in the reiterated fiscal 2025 earnings outlook, opines the analyst. However, the firm stated that Victoria’s Secret & Co. (NYSE:VSCO)’s brand initiatives are starting to show progress.
Barclays Lifts PT on Victoria’s Secret & Co. (VSCO) Stock
Victoria’s Secret & Co. (NYSE:VSCO) posted comparable sales growth in Victoria’s Secret and PINK, in North America and throughout the globe, and in its stores and online channels. The business remained robust throughout Q2 2025 and ramped up in July and into August. Victoria’s Secret & Co. (NYSE:VSCO) posted net sales of $1.459 billion for Q2 2025, demonstrating a rise of 3% compared to net sales of $1.417 billion for Q2 2024.
Victoria’s Secret & Co. (NYSE:VSCO) raised its full-year outlook for net sales, and expects it to be between $6.330 billion – $6.410 billion compared to the previous guidance of $6.2 billion – $6.3 billion.
While we acknowledge the potential of VSCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Barclays is targeting select AAdvantage cardholders with an offer to earn up to 5,00 bonus miles or 5,000 Loyalty Points. These offers were sent out by email. Must register by October 31, 2024.
Here are some of the offers that you might see:
Make 1 or more eligible purchases using your AAdvantage® Aviator® Mastercard® in October, November and December to earn 5,000 miles.
Make 1 or more eligible purchases using your AAdvantage® Aviator® Mastercard® in October, November and December to earn 5,000 Loyalty Points.
Spend $100 or more using your AAdvantage® Aviator® Mastercard® in October, November and December to earn 5,000 Loyalty Points.
You get 500 miles/points for October, 1,000 for November, 1,500 for December and an additional 2,000 for completing all three.
Guru’s Wrap-up
These are good offers, especially if you just need to make one purchase each month.
Currently American Airlines has two issuers of credit cards: Barclays & Citi. Barclays. This stems back from when Barclays issued the US Airways credit cards and American Airlines acquired US Airways in 2013, the deals were then renewed in 2016. Barclays is allowed to advertise inflight/in airports and Citi has the rest of the acquisition channels.
CNBC is now reporting that American Airlines & Citi are in talks for Citi to become the sole issuer of the American Airline cards in a new long term deal. When the US Airways merger was under way American Airlines did offer Citi the ability to become the sole issuer, this would have also allowed Citi ThankYou points to transfer to American Airlines as well but Citi was unhappy with the asking price. It seems if the deal is completed that Citi would also purchase the back book from Barclays.
Barclays is offering a signup bonus on the business Hawaiian Airlines card for 60,000 miles when spending $2,000 within 90 days. You get an additional 10,000 miles after a purchase is made on an employee card
Card Details
Annual fee of $99 is not waived the first year
Card earns at the following rate:
3x miles on all Hawaiian Airlines purchase
2x Hawaiiamiles on gas, dining and office supply store purchases
1x miles on all other purchases
No foreign transaction fees
ShareMiles, ability to share miles with friends & family HawaiianAirlines.com
Earn up to 40,000 additional miles annually:
20,000 bonus miles after spending $50,000-$99,999 on purchases during your card membership year
40,000 bonus miles after spending $100,000 or more during your card membership year
Barclays is offering increased bonuses on all three Wyndham cards of up to 80,000 points. The offers are as follows:
Earner Rewards: Earn 45,000 bonus points after spending $2,000 on purchases in the first six months.
Earner+ Rewards: Earn 75,000 bonus points after spending $2,000 on purchases in the first six months.
Earner Rewards Business: Earn 40,000 bonus points after spending $4,000 on purchases in the first 90 days and earn 40,000 bonus points after spending $15,000 on purchases within the first 12 months.
Card Details
Earner Rewards:
No annual fee
Card earns
5x points at Wyndham properties and on qualifying gas purchases
2x points on eligible dining and grocery purchases
1x points on all other purchases
Automatic Wyndham gold status
10% discount on go free awards
Anniversary bonus of 7,500 points after you spend $15,000 on eligible purchases
Earner+ Rewards:
Annual fee of $75, not waived first year
Card earns
6x points at Wyndham properties and on qualifying gas purchases
4x points on eligible dining and grocery purchases
1x points on all other purchases
Automatic Wyndham platinum status
10% discount on go free awards
Anniversary bonus of 7,500 points
Earner Business:
$95 annual fee
Card earns
8x points at Wyndham properties and on qualifying gas purchases
Frontier has announced a new benefit to the Barclays Frontier card with cardmembers now receiving two checked bags for free. Details of the new benefit are as follows:
Tickets must be purchased from FlyFrontier.com or the Frontier Airlines mobile app
There is no limit to how many times you can use this benefit
Free checked bag benefit includes golf and ski equipment
Primary cardmembers must use their FRONTIER Airlines World Mastercard at booking to unlock the free checked bag benefit
Interestingly the new benefit isn’t being advertised as a benefit yet on the Barclays Frontier landing pages.
London-based Barclays bankand Amazon have come together to launch a co-branded card in the United Kingdom: Amazon Barclaycard.
“We’ve launched this card for anyone who loves to shop at Amazon and wants to be rewarded for doing so on their everyday spend,” a Barclays spokesperson told Bank Automation News.
Amazon Barclaycard users can earn the following rewards:
1% rewards on Amazon purchases;
0.5% rewards on everyday spending outside of Amazon; and
2% back on Amazon during designated shopping event days, like Prime Day.
Customers can claim their rewards within the Barclaycard app or manage their card via the Barclays app, the spokesperson told BAN.
The Amazon Barclaycard is an expansion of the ongoing relationship between the $1.9 trillion bank and the tech provider, the Barclays spokesperson said. The pair launched the financing solution Instalments by Barclays in December 2021.
Ross Jones, global head of corporate payments at Barclays, will speak at Bank Automation Summit Europe 2024 on Tuesday, Oct. 8 at 3 p.m. GMT+1. The summit takes place at the Hilton Frankfurt in Frankfurt, Germany. Learn more and register here for Bank Automation Summit Europe 2024.
Barclays focused on the simplification of its operations and organization during the first half of 2024 as it leaned into its cloud strategy and upgraded legacy systems. The London-based bank plans to increase its workload on the cloud to 85% to 90% from 75%, according to today’s earnings presentation. Additionally, Barclays is upgrading its legacy […]
For some time there has been an issue with the bonus from the Barclays Wyndham Rewards Earner Business Card. Users that signed up for the 100,000 bonus (now expired) have reported receiving the first tier of the bonus and receiving 45,000 points (this should have been 50,000 points).
We reached out to both Wyndham & Barclays to inform them of this issue some time ago and finally Barclays has acknowledged the issue and stated that this has since been rectified and they are currently in the process of adding missing points to any impacted customers and expect this to be business by the end of the day tomorrow. Thank you to the team at Wyndham for helping us sort this mess out.
Barclays & Hawaiian have announced a renewal of their cobranded partnership and Barclays will continue to issue the Hawaiian Airlines World Elite Mastercard and the Hawaiian Airlines World Elite Business Mastercard. It’s unclear how long the extension is for, but Barclays & Hawaiian have been partners since 2013.
London-based B2B core banking platform XYB named Derek Joyce as its chief executive on May 30. Joyce previously worked at American Express, Klarna, Bread and Alloy and brings 20 years of experience to XYB, according to a company release. Joyce “actually came in and built a business plan and fundraised in the background” before his […]
Barclays is looking to cut costs through structural changes as it seeks efficiencies in the face of falling profits. “We achieved around 200 million pounds of gross cost efficiency savings in Q1 out of our targeted 1 billion pounds for the full-year 2024,” Chief Executive C.S. Venkatakrishnan said today during the bank’s first-quarter earnings call. […]
5,000 bonus points after making your first purchase within 180 days of account opening
3 months of Game Pass Ultimate after making your first purchase within 180 days of account opening
No annual fee
Earn two 3-month Game Pass Ultimate codes. When you spend $7,000 or more within your first 12 months of opening your account
Card earns at the following rates:
5X Card Points for every $1 spent on eligible products at the digital Microsoft Store
3X Card Points for every $1 spent on eligible streaming services such as Netflix®, Disney+® and Spotify
3X Card Points for every $1 spent on eligible dining delivery services such as Grubhub® and DoorDash
1X Card Points for every $1 spent on everyday purchases
Our Verdict
This card has no redeeming features. Sign up bonus is poor, as are the earning rates and benefits. Better to just stick with another card that offers a high sign up bonus instead.
No direct link to offer, available via referral. Find & share your referrals in this linked post.
Sign up for the AAdvantage Aviator Red World Elite MasterCard and receive a signup bonus of 60,000 AAdvantage miles after you make your first purchase in the first 90 days and pay the $99 annual fee and an additional 10,000 points after you add an authorized user and make a purchase within the first 90 days
Card Details
No foreign transaction fee
Annual fee of $99 is not waived the first year
First checked bag free, for the primary cardmember and up to 4 companions on eligible bags when traveling on domestic itineraries operated by American Airlines
Group 5 boarding, for the primary cardmember on domestic itineraries operated by American Airlines
25% inflight savings on food, beverages, and headsets on American Airlines-operated flights
Earn 2x miles on all eligible American Airlines purchases
50,000 point sign up bonus after $2,000 in spend (worth $500 towards flights)
$89 annual fee (not waived first year)
Card earns at the following rates:
Earn 10x on Nicer Bundles, Nicest Bundles and Trip Add-Ons (5x from this card, 5x as standard)
Earn 4x on on Nice Bundles (2x from this card, 2x as standard)
Earn 2x on on No Flex Fares (1x from this card, 1x as standard)
earn 2x on Eligible Grocery Store & Restaurants
1x on all purchases
One-Way Bundle Upgrade with every $15,000 in purchases
Earn 7,500 Anniversary Bonus BreezePoints after every account anniversary when you spend $10,000+
Our Verdict
Very underwhelming benefits and even the sign up bonus is so so. I think there are better Barclays bonuses currently available and getting approved for multiples can be difficult so I would prioritize those. Because of that we won’t be adding this to our list of the best credit card bonuses.
Barclays is saving money and improving its customer experience through technology investments. Total operating expenses for its investing banking arm were 7.7 billion pounds ($9.4 billion) in 2023, down 6% from 2022, reflecting that investment in talent and technology were driving down costs, according to the bankâs fourth-quarter earnings presentation.  The $1.7 trillion bank […]
Shares of semiconductor company Advanced Micro Devices (NASDAQ: AMD) were up 8.2% as of 10:45 a.m. ET Tuesday — and it’s no great secret why.
On Tuesday morning, not one, not two, but three analysts raised their price targets on AMD stock, citing decent performance in graphics processing units and a big boost to business as the artificial intelligence (AI) trend enters its “second wave.”
Price targets nearly double
AMD’s biggest vote of confidence came from analysts at British bank Barclays, who nearly doubled their share price target on the semiconductor stock from $120 to $200. Barclays named AMD as a beneficiary of this second wave of AI interest as more customers jump on the bandwagon and begin looking for more suppliers of AI chips.
In AMD’s case, that mainly refers to its MI300X line of accelerator chips. Analysts at KeyBank were just behind Barclays in their enthusiasm for AI, setting a $195 price target and predicting we’ll see a “meaningful inflection in demand” for AMD’s new AI chip this year, according to TheFly.com. And as MI300 sales ramp up, KeyBank forecasts $8 billion in GPU sales for AMD this year.
Rounding out the list, Susquehanna Research reports that GPUs are selling “around MSRP,” which suggests at least decent demand for GPUs used to facilitate AI functions.
Caveats and provisos
Not all the news is great. In its report, Susquehanna injected notes of caution regarding weaker segments of the semiconductor universe. Buyers of automotive and industrial semiconductor chips are still flooded with inventory, it seems, and are engaged in a period of “destocking” as they work through their inventories. That won’t be great for pricing. Demand for PC chips is still “bouncing along the bottom,” too, it asserts. Cellphone chip demand seems more or less flat, with weakness evident in China — primarily affecting Apple‘s suppliers.
All this notwithstanding, it’s the AI story that is resonating with investors on Tuesday. If AMD books $8 billion in GPU sales this year as KeyBank predicts, that would be a huge boost to its business, which booked barely $22 billion in revenues over the last 12 months across all of its product lines. While AMD stock looks admittedly pricey at more than 1,100 times trailing earnings right now, a big boom in AI chip demand, undergirded by strong pricing in these chips, has analysts forecasting AMD will earn enough this year to drive its price-to-earnings ratio down to just 39.
AMD investors are betting that price will look cheap a year from now — and are buying the rumor in hopes of profiting from the news.
Should you invest $1,000 in Advanced Micro Devices right now?
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Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices and Apple. The Motley Fool recommends Barclays Plc. The Motley Fool has a disclosure policy.