55.47 -0.01 (-0.02%)
After hours: 7:23PM EDT
|Bid||55.40 x 3200|
|Ask||55.59 x 800|
|Day's Range||54.56 - 55.63|
|52 Week Range||50.05 - 61.58|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||14.33|
|Earnings Date||Aug 1, 2019|
|Forward Dividend & Yield||2.41 (4.34%)|
|1y Target Est||59.61|
Yahoo Finance's Sibile Marcellus reports live from Grand Central Station in New York, where Yahoo Finance celebrated the recent launch of its newest offering, Yahoo Premium.
Raymond James is betting on the future of 5G, upgrading Apple to outperform with a price target of $250, a decision that was heavily impacted by Apple's settlement with Qualcomm. Today, Verizon launched a 5G hotspot device in St. Paul, Minnesota. Yahoo Finance sat down with Verizon Business EVP & Group CEO, and discussed Verizon's 5G plans.
Verizon is taking big steps to get 5G to more Americans. Yahoo's parent company is launching 5G service in Saint Paul, Minnesota, and just debuted a new 5G-enabled hotspot device. Tami Erwin, Group CEO for Verizon Business, sat down with Yahoo Finance to discuss some of the big partnerships the company has already landed with 5G.
Today, Verizon announced plans to co-develop and lease to purchase a new campus for its Verizon Media workforce, built from the ground up at the Coleman Highline campus in San Jose. “We are embarking on the next chapter of Verizon Media’s journey here in Silicon Valley,” said Guru Gowrappan, Chief Executive Officer of Verizon Media.
The telecom combines steady earnings growth with a high dividend yield, making it one of the best stocks in the industry Continue reading...
AT&T; is upgrading its wireless network after buying Time Warner. AT&T; earnings are stalling and shares are far off highs. Is AT&T; stock a buy right now?
AT&T Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ). VZ and T are the two largest wireless carriers in the U.S. by subscribers. T is scheduled to report Q2 earnings before the market open July 24, and competitor VZ is scheduled to report Q2 earnings before the market opens on Aug. 1.
Nokia (NOK) is likely to report lower revenues in second-quarter 2019, primarily due to risks arising from delay in project timings and deliveries despite a ramp up in 5G deliveries.
Traders came back from the weekend in a much more optimistic mood than how they ended last week. The S&P 500 finished Monday's action up 0.28%, led by Halliburton (NYSE:HAL) and Applied Materials (NASDAQ:AMAT)Source: Shutterstock Halliburton rallied more than 9% after the oil giant topped its second-quarter earnings estimates, and despite missing revenue expectations. Applied Materials advanced 6.1% in response to new bullishness from Goldman Sachs on the entire memory chip sector.Weighing stocks down more than any other was the near-2% tumble from Verizon (NYSE:VZ). The telecom giant's shares fell for no company-specific reason. Rather, telecom names in general, and their income orientation, has been falling out of favor for several days now.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy From This Superstar Fund None of those names are interesting trading prospects headed into Tuesday's action, however. Rather, it's the stock charts of Western Digital (NASDAQ:WDC), Boston Properties (NYSE:BXP) and Huntington Bancshares (NASDAQ:HBAN) that merit the closest technical looks. Western Digital (WDC)On April 17, Western Digital was pegged as a breakout candidate. A choppy but powerful rally managed to shove WDC stock out of a short-term trading range on major volume, simultaneously pushing the tech stock over its 200-day moving average line plotted in white on both stock charts.The move faltered as quickly as it took shape, with Western Digital shares rolling over the next day and not looking back until the late-2018 low was revisited. Then, an even more powerful rally took shape again to wind up bumping into that very same April resistance. This time though, WDC stock has a good chance of following through. * Click to EnlargeThe line in the sand is right around $55.70, where the stock peaked in April, in early July and then one more time yesterday. * Although we've seen this move before to no avail, this time, there's persistent above-average volume behind the advance. * Although the momentum looks and feels healthy, Western Digital might need to pull back one more time before making the final thrust above $55.70. The key will be support at or near the 100-day and 200-day lines, marked in gray and white, respectively, on both stock charts. Boston Properties (BXP)Far more often than not, a wedge-shaped pattern made by a stock or index chart squeezes that index or stock toward a tip of the wedge, building pressure the whole time. Once there's no means of containing that pressure, it's unleashed, pushing that underlying instrument higher or lower in a big way.Boston Properties has dished out the opposite of that typical converging wedge pattern since early 2017, however. That is to say, the trading range has been expanding rather than narrowing. It's not mattered yet, but as of Monday, BXP stock is dangerously close to breaking under a near-term support area that could drive shares considerably lower. * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk * Click to EnlargeThe last bastion of support in play for Boston Properties is the floor at $126.87, where it made a low in June, and where yesterday's low was made. Notice the 200-day moving average line, plotted in white, is also under attack. * If that floor should end up failing to keep the stock propped up, a slide all the way back to the $100/105 area is possible. That's where the lower boundary of the expanding wedge currently lies. * The odds are working against the bulls, and for the bears. Early this month, the stock tried to rebound, but met clear resistance at the purple 50-day line and grey 100-day moving average line (highlighted). Huntington Bancshares (HBAN)Late last month, Huntington Bancshares was making a third attempt to hurdle a well-established, falling resistance line that had been repeatedly augmented by the 200-day moving average line. The swell of bullish volume behind the effort at the time, however, made that particular move the most compelling yet.HBAN ended up clearing the hurdle, but soon found another one. That is, the April/May high near $14 once again kept the bulls at bay. The buyers may have only needed to regroup though. The odds of a full-blown breakout thrust developing here continue to improve, even if Huntington Bancshares stock seems range-bound for the time being. * Click to EnlargeThe ceiling to watch is just above $14, plotted with a red dashed line. HBAN has topped out there twice since April. * Although it ultimately failed to make a higher high, over the course of the past couple of weeks, the white 200-day moving average along with the gray 100-day line have served as a support level, letting the market regroup. * What's missing thus far that wasn't missing near the end of June is a healthy amount of volume to fuel a sustained breakout.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy From This Superstar Fund * 7 Stocks to Buy This Summer Earnings Season * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post 3 Big Stock Charts for Tuesday: Western Digital, Huntington Bancshares and Boston Properties appeared first on InvestorPlace.
Verizon Communications (VZ) closed at $55.50 in the latest trading session, marking a -1.93% move from the prior day.
Continued weakness within the cloud and service provider verticals, and decline in average selling price are likely to take a heavy toll on Juniper's (JNPR) Q2 financial performance.
SANTA CLARA, Calif./HONG KONG, July 23 (Reuters) - China's Huawei Technologies laid off more than two-thirds of the 850-strong workforce at its Futurewei Technologies research arm in the United States, after being blacklisted by the government. Futurewei, which has offices in Silicon Valley and the greater Seattle, Chicago and Dallas areas, said it cut more than 600 jobs.
Verizon stock usually is a dividend play, as are the shares of its rival AT&T.; But Verizon 5G lies ahead. Here's what various analyses say about Verizon as 5G wireless comes into play.
AT&T (T) is likely to record higher operating income from the Communications segment that generates the lion's share of total revenues.
New Verizon Software Defined Networking solution that allows enterprises to quickly and easily connect to an Equinix data center. Great for enterprises who want to avoid a.
AT&T (T) is likely to record soft Q2 performance in the WarnerMedia segment that generates a significant share of total revenues.
Shares of Warren Buffett’s investment firm have come up far short of the S&P 500’s nearly 19% rise so far this year. Oregon’s pension fund, one of the largest in the world, unloaded Berkshire stock in the second quarter.
Verizon (VZ) maintains its market-leading position with the launch of Inseego 5G hotspot, which is its fifth 5G-enabled device. The company also adds 5G Ultra Wideband mobility service in Saint Paul.
Increased 5G deployment, thrust on digital and media business along with focus on edge computing capabilities are likely to enable AT&T (T) to generate higher second-quarter 2019 revenues.
(Bloomberg) -- The largest U.S. telephone companies last year asked regulators to kill limits on the rates smaller carriers can be charged for connecting to the giants’ networks.Now the small carriers are claiming they have successfully defended the regulations as the Federal Communications Commission nears conclusion of a proceeding it has acted on in parts.“We see it as a huge victory,” said Chip Pickering, chief executive officer of the trade group Incompas. Its member companies that offer broadband service and need to connect through lines controlled by companies such as AT&T Inc. and Verizon Communications Inc.The regulations are designed to ensure small companies have access to lines that carry traffic for businesses, schools and homes -- and can use those connections to expand broadband competition by building new fiber links.USTelecom, a trade group with members including AT&T and Verizon, filed the petition with the FCC to eliminate rules in May 2018 and is claiming a partial victory.“We’re thrilled about the steps taken by the FCC to grant important parts” of the petition, Jonathan Spalter, chief executive officer of USTelecom, said in an interview.Eliminating the rules clears the way for more investment in modern networks, according to the trade group.1996 RulesIn its petition, USTelecom said more companies are offering service, undermining the need for the rules put in place in 1996, as the U.S. opened communications markets to more competition.For instance, companies subject to the rules served 186 million wholesale and retail land lines in 2000 compared with 35 million in 2018, according to the petition, which added that some 60% of U.S. households have turned to wireless service.“The mandates at issue here -- principally involving access to old copper network facilities and protections related to an extinct ‘long distance voice market’ -- are not necessary to protect competition or consumers,” USTelecom said in its petition.The agency eliminated some reporting requirements in April, and earlier this month lifted pricing regulations for lines that carry bulk business traffic in most of the country -- decisions that together represented “substantial and meaningful” progress, according to a blog post by Spalter.In June, USTelecom withdrew its request to remove rules around fiber lines that can carry signals from town to town, usually in less populated areas. And in July it withdrew its request to kill rules about local lines that can carry broadband.Copper LinesThe FCC must act on the remainder of USTelecom’s petition by Aug. 2, and Chairman Ajit Pai has recommended the agency remove rate mandates on old copper lines that provide voice service, according to a background document provided by the FCC.The FCC, while not commenting on the outcome, said in a statement that the issues that remain to be decided “were intended to open monopoly local phone companies to competition in voice services” and are no longer necessary.Incompas, representing the small service providers, says it scored victories with the withdrawals by USTelecom of portions of the petition in June and July. The trade group led a campaign that included letters from more than 9,000 customers to the FCC, where Pai has emphasized creating more broadband connections.“When it comes to fiber, they’re removing barriers,” said Pickering, the Incompas leader. “We won the case by being consistent with the commission’s priorities.”Spalter, the USTelecom chief, said his group would continue to make the case for lifting old rules. “As surely as the sun sets in the west, there will be time and space for the FCC to modernize the outdated rules, to make them reflect the competition that exists,” Spalter said.To contact the reporter on this story: Todd Shields in Washington at email@example.comTo contact the editors responsible for this story: Jon Morgan at firstname.lastname@example.org, John HarneyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
AT&T's (T) 5G capabilities and Microsoft's Azure cloud facilitate exceptional solutions for mutual customers, and are likely to shape the future of media and communications.
Verizon (Engadget's parent company) has unveiled the latest device that connects to its 5G network. The Inseego MiFi M1000 is the first 5G hotspot available through Verizon, and it costs $650 upfront. If that's a little out of your price range, there's a payment plan through which you can pick up the hotspot for $27.08/month for 24 months or it's available for $500 with a two-year contract.