|Day's Range||7.05 - 7.05|
Reports say HBO Max spent between $600 million up to “billions” for “The Big Bang Theory” in the streaming war of the reruns.
U.S. stock futures pointed to a lower open for Wall Street after the Federal Reserve cuts U.S. rates for the second time this year; Apple Arcade launches Thursday; Datadog raises $648 Million in its initial public offering; AT&T; reportedly is looking to either spin off DirecTV or combine it with Dish.
AT&T; shares were indicated higher in pre-market trading Thursday amid reports that it could be preparing to either spin-off its DirecTV business or orchestrate a deal to combine it with Dish Network.
Brazilian telecommunications firm Oi SA is in talks with Spain's Telefonica SA and Italy's Telecom Italia SpA to sell its mobile network to avoid insolvency, five people with knowledge of the matter said. Oi has been struggling to turn around its business since filing for bankruptcy protection in June 2016 to restructure approximately 65 billion reais of debt. Brazil's largest fixed-line carrier expects to raise more than 10 billion reais ($2.4 billion) by selling its mobile operations, according to two of the sources, who spoke on condition of anonymity because the talks are confidential.
Dow futures: The stock market rally held up after a Fed rate cut and Fed chief Jerome Powell's comments. Apple is a buy again. Microsoft rose late on a buyback. Will AT&T; sell DirecTV?
In another blow to the vaping industry, CBS Corp., WarnerMedia and Viacom Inc. reportedly said Wednesday that they will no longer air commercials for electronic cigarettes.
There's been a lot of hand-wringing about how “Hustlers” did so well while a prestigious Pulitzer Prize winner like “The Goldfinch” could do so poorly, writes film critic Eleanor Ringel-Cater.
With new details pouring in about forthcoming digital video services from Apple Inc. and NBCUniversal, and blockbuster licensing deals at Netflix Inc. and HBO Max, the streaming wars are heating up. Apple (NASDAQ: AAPL) has thrown down the gauntlet with plans to launch on Nov. 1 at a price point of $5 per month — or free for a year for subscribers who buy an Apple device.
Georgia Tech doesn’t rely on four meager cameras anymore to capture sports action around campus. Now the school has 23, and they’re all operated out of a new state-of-the-art broadcast production facility. ACC Network launched its 24/7 linear channel on Aug. 22 and delivered its first football broadcast in Clemson a week later.
Google is up against a lot of scrutiny from U.S. regulators, which overshadows its legal win in Germany, self-driving prowess and strategic wins at traditional automakers.
AT&T; (T) stock fell about 0.40% on Tuesday. The stock closed the trading day at $37.16. The stock is trading 4.10% lower than the 52-week high of $38.75.
Cable is at the end of its market cycle as streaming services enter the growth phase. Media firms are pivoting to remain competitive in the evolving digital economy.
One of the best ways to invest for longer-term growth is to identify massive, ground-shifting developments. Once you identify these, find companies which are set to become leaders in the new market.Technology is one of those sectors which tends to present many new developments. These companies mint billionaires from founders and make millions more for the savvy individual investors who get into them early. And one of the big new-new things in technology is Artificial Intelligence stocks, or AI.AI is a big blanket of technology and application. Even some of the most mundane bits of mechanicals can be called AI. Take most modern transmissions in cars. Transmissions used to be dumb. They shifted in pre-determined patterns if automatic -- or merely followed the shifts from manual inputs from drivers. But today's automatic units including from ZF (a public-private company in Germany) have learning capabilities which adapt, learning how the driver of the car operates.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThen there is the example that I use on a daily basis involves artificial intelligence (AI). I have a Bloomberg Terminal, which is a vital tool for pulling all sorts of data and information on any economy, market or security. But it also comes with over 2,700 journalists around the globe generating news and other stories each and every day.But interestingly, Bloomberg has adopted AI which combs basic company news releases as well as economic data releases and other basic news and lets its army of robotic writers do the work which increasingly provides a larger percentage of its posted stories.Nothing yet subjective in the robotic writing -- but you never know how this will develop. By the way, I am not a robot. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars But AI has a lot further to go. It can and will lead to autonomous cars and new medical and surgical treatments, as well as design of goods and a host of other applications. This also includes trading of stocks, bonds and other securities. But like for any newer, developing and evolving technology, AI has a lot than can go wrong for individual companies. So, I'll present some artificial intelligence stocks that are proven in their capabilities and will be there for the longer run. And to boot, they also pay dividends. Artificial Intelligence Stocks to Buy: Hercules Capital (HTGC)Hercules Capital Total Return Source BloombergHercules Capital (NYSE:HTGC) is based in the U.S. tech mecca of Palo Alto, California, with offices around the nation. It focuses on working with technology companies and has a good track record of financing startups that become bold-faced names in the tech market. The company makes loans and provides other financing, and it also takes equity participation in its portfolio companies. It then works with them like bankers used to do by guiding them along to an exit strategy of being bought or through an IPO.It has numerous hardware and software companies that are part and parcel of the AI sector.Its net interest margin (NIM) which is measure of the cost of funding against interest earnings is ample at 8.9% and the efficiency ratio is good at 52.5% (the lower the ratio, the greater the profitability). Revenues are up 8.8% for the trailing year. That feeds a nice annual dividend stream, including regular special distributions, yielding around 10%.It is a proven performer -- including for the year to date, with a return so far of 18%, before you count in the dividends. Microsoft (MSFT)Microsoft Total Return, Source: BloombergMicrosoft (NASDAQ:MSFT) is a major provider of all sorts of software and services which are mission critical for AI. The company offers software and systems which are used to design and operate AI components and whole systems. And to make AI truly work -- particularly with remote devices, including autonomous cars -- you need cloud computing. And Microsoft is currently the second largest cloud company with its Azure services unit.The company continues to move to further its reformation as the poster child for successful tech companies. It's moving from one-off hardware or software sales to recurring revenues from subscriptions as well as contract sales.Revenues are climbing, gaining 14% in the trailing year. Operating margins are fat at 34%, and in turn, these drive a return on equity of a whopping 42.4%.The dividend is a bit less at 1.34% but the distributions continue to rise, with five-year annual gains at 10.44%.And the stock market continues to recognize its very real performance, with the Microsoft stocki price gaining 37% year to date. AT&T (T)AT&T Total Return, Source: BloombergYes, Ma Bell. AT&T (NYSE:T) is also vital for AI. Sure, chip makers might get a lot of the attention. But just like for Microsoft, it is the mainstream companies that provide the guts for AI to operate. And as Hercules provides the next up-and-comers' products, Ma Bell and its wireless services will make them all be able to get access to data to operate.The company is the leading wireless communications company and provides fixed-line data communications for data centers and cloud operations. It also has cable and satellite transmission and content units, including Warner Brothers. Warner Brothers, of course, provides AI engineers with visions of what could be from science fiction films and series.Revenues are a little tamer for now, gaining 6.4% in the trailing year. But operating margins are good at 15.3% which makes for a good return on equity for a big company at 9.5%.The dividend is running at a whopping 5.5% and the distributions keep rising year in and year out by an average of over 2% per year.And thanks to more in the market figuring out what's under the hood of the company including some activist investment funds - the shares have returned 39.08% year to date. Digital Realty Trust (DLR)Digital Realty Trust Total Return, Source: BloombergAs noted above in Microsoft, cloud computing is vital to AI. And to make the cloud work, you need massive data centers everywhere.This is where Digital Realty Trust (NYSE:DLR) comes in.This is a real estate investment trust (REIT) which owns data centers around the U.S. and in major markets around the world where AI is being developed and implemented. And data centers are hard to quickly replicate -- making the assets of the REIT all the more valuable.Revenues are up in the trailing year by 23.9%. And the return from its funds from operations (FFO), which measures the return just from the actual revenues from its properties, is a very high for a REIT rate of 16.40%.And like for REITs in general, the dividend is higher than the general stock market at 3.38%. It has been on the rise just over the past twelve months by 7.32% in distribution amounts.Digital Realty Trust is also a good performer for shareholders with a total return for just the year to date of 23.04%. That is right on track with the returns over the past 10 years at 330.91% for an average annual equivalent return of 15.72%. And one more word on that nice dividend. Thanks to the Tax Cuts & Jobs Act of 2017 and a particular line item, the dividend comes with a 20% deduction for individual investors from their income tax liability, making the yield even higher on a tax-equivalent basis.Those are my picks for artificial intelligence stocks with proven companies with less risk and attractive dividends. Perhaps you might like to see more of my market research and recommendations for further safer growth and bigger reliable income. For more, look at my Profitable Investing. Click here to learn more.Neil George was once an all-star bond trader, but now he works morning and night to steer readers away from traps -- and into safe, top-performing income investments. Neil's new income program is a cash-generating machine…one that can help you collect $208 every day the market's open. Neil does not have any holdings in the securities mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars * 5 Stocks to Buy With Great Charts * 5 Goldman Sachs Stocks to Buy with Over 20% Upside Potential The post 4 Artificial Intelligence Stocks for Any Investor appeared first on InvestorPlace.
(Bloomberg) -- A group of Korean institutional buyers has acquired a majority stake in AT&T Inc.’s global headquarters in Dallas, according to a person with knowledge of the deal.The deal price and size of the stake weren’t disclosed, but the entire building, One AT&T Plaza, is valued at about $250 million, the person said, asking not to be named because the matter is private. The buyers within the Korean consortium also weren’t disclosed.The 37-story tower, built in 1983, has been the global headquarters for AT&T since 2008. It is centered in AT&T’s downtown campus, which includes seven office and parking buildings over five blocks. CBRE Group Inc. represented the seller, Woods Capital Management LLC, on the deal.Dallas-based Woods Capital didn’t immediately respond to emails and calls seeking comment. A spokesman for CBRE declined to comment.One AT&T Plaza is fully leased by the telecommunications giant through the end of 2031, with no termination options. The building houses about 3,000 employees of AT&T, which is investing about $100 million to renovate its entire downtown campus.Foreign investors are increasingly turning to U.S. second-tier markets, where yield prospects are more attractive than in costly coastal areas such as New York and San Francisco. Dallas is one of the most popular secondary markets for foreign capital in the U.S., with $5 billion invested in development in the central business district since 2010, according to CBRE.There’s also growing interest from Korean buyers in U.S. real estate. Earlier this month, China’s Anbang Insurance Group Co. agreed to sell a luxury hotel portfolio for $5.8 billion to Mirae Asset Management Co. of South Korea.To contact the reporter on this story: Natalie Wong in Toronto at email@example.comTo contact the editors responsible for this story: Rob Urban at firstname.lastname@example.org, Christine MaurusFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Currently, AT&T; has reached parts of 21 cities with its 5G mobile services. The company plans to reach certain parts of 29 cities by the end of this year.
Sell AT&T; on strength to its annual risky level at $38.53 or on a sell stop, given a price gap below its semiannual and monthly pivots at $36.58 and $36.38. This zone was tested Wednesday morning.
Randall Stephenson, chairman and CEO of AT&T (T) states that investors should expect share buybacks to be added to the mix of the company's capital allocation approach.