Relative Strength Index (RSI)
|Bid||16.05 x 21500|
|Ask||16.09 x 29200|
|Day's Range||15.57 - 16.12|
|52 Week Range||14.46 - 21.53|
|Beta (5Y Monthly)||0.77|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 19, 2023 - Jul 24, 2023|
|Forward Dividend & Yield||1.11 (6.89%)|
|Ex-Dividend Date||Apr 06, 2023|
|1y Target Est||20.73|
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Comcast (CMCSA) announces the expansion of high-speed Internet and other services to rural community of Florida to expand its footprint and boost the top line.
CISCO LIVE -- Cisco (NASDAQ: CSCO) and AT&T announced new solutions to enhance connectivity and advance the calling landscape for hybrid workforces. Whether on the shop floor, the top floor, at the branch office, the home office, or the commute in between, the modern workforce is not tethered to a single space, device, or geography. With the new offerings, including Cisco's Webex Calling and SD-WAN solutions alongside AT&T mobile network, businesses of any size can offer employees a simple, secu
(Bloomberg) -- New York City Mayor Eric Adams plans to direct a cumulative $60 billion of contractual work to minority- and women-owned businesses, known as MWBEs, by 2030; an ambitious goal requiring the city to more than double its annual rate of contracts to these underrepresented communities.Most Read from BloombergThese Are the World’s 20 Most Expensive Cities for Expats in 2023Tech Stocks Sputter as Traders Consider July Hike: Markets WrapFlights to LaGuardia Airport Grounded as Smoke Blan
Just the thought of Amazon.com entering the wireless telecom business—as Bloomberg reported on June 2—was enough to send shares of Verizon Communications and AT&T tumbling. It also sent their dividend yields to mouthwatering levels. Wolfe Research’s chief investment strategist, Chris Senyek, has a three-pronged test for finding dividends that are too good to be true.
AT&T snagged an upgrade from MoffettNathanson on Tuesday, but the team of analysts is hardly upbeat on the stock or telecoms in general. MoffettNathanson lifted their rating on shares of AT&T (ticker: T) to Market Perform from Underperform on Tuesday, but it’s all about stock action rather than fundamentals. The company “has now overshot our target price, and we do not believe a further cut to our target price is warranted,” Craig Moffett and his fellow analysts wrote, maintaining a $17 price target on shares.
You might expect all of America's top CEOs to have an MBA from an Ivy League school, but they hail from all kinds of academic backgrounds.
The average brokerage recommendation (ABR) for AT&T (T) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
While major wireless carriers have denied it, e-commerce and cloud computing giant Amazon (NASDAQ: AMZN) is reportedly considering adding a free or inexpensive wireless service plan onto its prime membership. Shares of AT&T (NYSE: T) have dropped since the news broke, although the stock has been weak for months. Since peaking in early April, AT&T stock has shed nearly 25% of its value.
In this article, we discuss 10 5G stocks billionaires are loading up on. If you want to see more stocks in this selection, check out 5 5G Stocks Billionaires Are Loading Up On. The global market for 5G technologies is projected to experience substantial growth, with an expected increase from $30.62 billion in 2022 to […]
A report that Amazon could offer free or low-cost mobile plans to Prime subscribers is hitting telecom stocks. All three fell on Friday and an HSBC analyst cut his price targets Monday. However, not all analysts are convinced Amazon is working toward offering a wireless plan to Prime subscribers.
If you thought Amazon couldn't cast its net even wider, you're mistaken. The e-commerce giant is reportedly considering a move into mobile phone service that could cut monthly phone bills to less than...
T-Mobile holds an edge in 5G wireless spectrum but will its market share gains vs. rivals continue? A big stock buyback is underway.
VZ stock provides a dividend but a buyback has been shelved amid 5G wireless investments. When will revenue growth reaccelerate?
NEW YORK, June 05, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that, on behalf of its affiliated and third-party insurance clients and other investors, it has agreed to invest $2.0 billion in preferred equity securities to be issued by AT&T Mobility II LLC, a subsidiary of AT&T Inc. (NYSE: T). AT&T Mobility II LLC will use the proceeds from the investment to partially replace the $8 billion of preferred interests that were outstanding prior to the fourth quarter of 2022. The inve
Saudi Arabia cuts oil production at tense OPEC+ summit, Amazon denies wireless ambitions, and other news to start your day.
This up-and-coming wireless powerhouse's acquisition of Sprint in 2020 is just beginning to yield results.
Is Amazon going to offer free or cheap wireless service to Prime members? Why it's doubtful, according to a veteran telecom analyst.
Amazon (NASDAQ: AMZN) rose to prominence on the back of its now sprawling e-commerce business, which has become not only the largest digital retailer in the U.S., but also the world. While not all of its ventures have been successful, Amazon's track record has been sufficient to strike fear into the hearts of those it might rival. Oftentimes, stocks will fall at the mere prospect of having to compete with the company -- a well-documented phenomenon known as "the Amazon effect."
Telecom stocks including AT&T (NYSE: T), Verizon (NYSE: VZ), and T-Mobile (NASDAQ: TMUS) were all pulling back Friday on some surprising news. According to Bloomberg, Amazon (NASDAQ: AMZN) is considering entering the wireless market, as it's held discussions about offering nationwide mobile phone service to Prime members, either for free or at a discount. Bloomberg said that Amazon is negotiating with Verizon, T-Mobile, and Dish Network (NASDAQ: DISH) to get a low wholesale price for service that it could then turn around and offer to Prime members for $10 a month or even free as an incentive to join and stick with the membership program.
Telecom investors are feeling some pain Friday following reports that Amazon.com is looking into entering mobile phone service. Bloomberg News reported Friday that the retailing giant has been talking with wireless carriers about offering low-cost or free mobile to Prime subscribers. AT&T, Verizon and T-Mobile all fell 3% or more.
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**↗️** [**Lululemon Athletica (LULU)**](https://www.wsj.com/market-data/quotes/LULU): The athletic-gear maker raised its annual outlook on sales growth in China. Shares climbed around 12%, snapping a nine-day losing streak.
Dish Network Corp (NASDAQ: DISH) stock is up Friday amid reports of selling wireless plans for its mobile phone service through Amazon.Com Inc(NASDAQ: AMZN). Amazon has been talking with wireless carriers about offering Prime subscribers $10 a month or possibly for free and bolster loyalty among its biggest spending customers. The company is negotiating with Verizon Communications Inc (NYSE: VZ), T-Mobile US Inc (NYSE: TMUS), and Dish for the lowest possible wholesale prices, Bloomberg reported
Shares of Verizon Communications Inc , AT&T Inc and T-Mobile US Inc declined on Friday after a report said Amazon.com Inc was in talks with the U.S. telecom firms to offer low-cost wireless services to its Prime members. Bloomberg News reported that Amazon was negotiating to get the lowest possible wholesale prices and could offer wireless plans for $10 a month or lower to Prime members through these partnerships. "We are always exploring adding even more benefits for Prime members, but don't have plans to add wireless at this time," an Amazon spokesperson said in response to a Reuters query.
Major U.S. wireless carriers on Friday said they not in talks with Amazon.com Inc to offer low-cost wireless services to its Prime members. Wireless shares fell Friday after Bloomberg News reported that Amazon was negotiating to get the lowest possible wholesale prices and could offer wireless plans for $10 a month or lower to Prime members through the partnerships, including a possible tie-up with Dish Network. "We are always exploring adding even more benefits for Prime members, but don't have plans to add wireless at this time," an Amazon spokesperson said in response to a Reuters query.