|Bid||48.30 x 2200|
|Ask||49.49 x 1100|
|Day's Range||48.47 - 49.00|
|52 Week Range||42.80 - 54.77|
|PE Ratio (TTM)||6.38|
|Forward Dividend & Yield||2.36 (5.09%)|
|1y Target Est||N/A|
Is Alphabet’s (GOOGL) Google back to waging a price war on its cloud-computing rivals? Google recently revamped its consumer cloud storage plans, with changes including rebranding, lowering prices, and releasing brand new plans at competitive prices. The company renamed its paid consumer storage service Google One. Its free storage service will continue to be called Google Drive.
Verizon (VZ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
News about Baidu Inc (ADR) (NASDAQ:BIDU) has brought a new round of volatility. The Chinese-language internet search king saw its stock fall on news of the resignation of COO Qi Lu. While that change creates a degree of uncertainty, it also becomes a speed bump for Baidu stock.
As of May 15, T-Mobile’s (TMUS) market capitalization was ~$47.7 billion, making it the third-largest US mobile operator. In comparison, AT&T’s (T) market cap was ~$197.1 billion, Verizon’s (VZ) was ~$197.5 billion, and Sprint’s (S) was ~$20.5 billion.
Celgene and General Electric were leaders in Thursday's mixed open, as investors sorted news of new tariffs, and a third straight drop in oil prices.
In this part, we’ll look at T-Mobile’s (TMUS) adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) growth trends over the past few quarters. In the first quarter, the company’s adjusted EBITDA expanded significantly YoY (year-over-year) from $2.7 billion to $3.0 billion, mainly due to higher service revenue, lower net losses on equipment sales, and new revenue accounting standards (which made a $95.0 million difference), according to the company. T-Mobile’s adjusted EBITDA margin expanded YoY from 36% to 38%.
Service revenue forms stable revenue streams for mobile operators such as T-Mobile (TMUS), AT&T (T), Verizon (VZ), and Sprint (S). In the first quarter, T-Mobile led the US wireless sector in YoY (year-over-year) service revenue growth for a 16th consecutive quarter, with its service revenue growing ~6.5% YoY to $7.8 billion.
Apple has inked a deal with Volkswagen to turn some of its new T6 Transporter vans into self-driving shuttles for Apple employees. Yahoo Finance's Seana Smith, Dan Roberts and David Pogue discuss.
Thursday, May 24: NFL owners ban kneeling during national anthem, Trump considers auto import tariffs, Uber shares financial data. Yahoo Finance’s Dan Roberts serves the big stories.