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AT&T reaches truce with activist investor

Yahoo Finance's Brian Sozzi, Alexis Christoforous, and Emily McCormick break down AT&T's new business strategy and its earnings report.

  • What's the Average 401(k) Balance by Age?
    Business
    Investopedia

    What's the Average 401(k) Balance by Age?

    It can be hard to determine exactly how much you'll need for your own post-career days, but finding out how others are planning—or not—can offer a benchmark for setting goals and milestones. k) Plan Balances by Generation The good news is that Americans have been making an effort to save more. According to Fidelity Investments, the financial services firm that administers more than $7.4 trillion in assets, the average 401(k) plan balance reached $106,000 in the second quarter of 2019.

  • 42% of people say this is why they aren't investing in the stock market
    Business
    Yahoo Finance

    42% of people say this is why they aren't investing in the stock market

    A recent JPMorgan Chase survey of about 1,200 investors and non-investors says it boils down to liquidity. The survey found that 42% of those who weren't investing yet were staying out of the stock market because they believed they didn't have enough money to invest. Kelli Keough, digital wealth management head at JPMorgan Chase, tells Yahoo Finance's “The First Trade” non-investors, those who are not in the stock market, say it's a struggle to save enough money to invest.

  • Best Buy launches investigation into CEO Corie Barry
    Business
    American City Business Journals

    Best Buy launches investigation into CEO Corie Barry

    Best Buy Co. Inc. CEO Corie Barry is under investigation by the retailer's board after it received an anonymous letter alleging an inappropriate romantic relationship between Barry and another executive before she became CEO last year. It claimed that she had been romantically involved with former Best Buy Senior Vice President Karl Sanft in the period before she took over as the company's CEO, the newspaper said. Best Buy's board has hired law firm Sidley Austin LLP as part of the investigation.

  • Business
    Benzinga

    Barron's Picks And Pans: Apple, Boeing, Disney, Tesla And More

    Barron's Roundtable panelist Rupal Bhansali's makes a case that Apple Inc. NYSE: AAPL) is disadvantaged on many fronts and trying to play catch-up in "Time to Short Apple, Says Rupal Bhansali. Yes, Short Apple."

  • 4 Marijuana Stocks to Buy for the Big 2020 Rebound
    Business
    InvestorPlace

    4 Marijuana Stocks to Buy for the Big 2020 Rebound

    The big rebound in pot stocks can be attributed to favorable fundamental developments (multiple cannabis companies have reported strong fourth quarter numbers in early January), favorable legal developments (among other things, Illinois just legalized recreational marijuana), and a whole bunch of investors deciding that with the new year, comes new opportunity. Demand trends will re-accelerate thanks to new vapes and edibles products, as well as retail footprint expansion. Revenue growth trends will improve.

  • Ocasio-Cortez sums up inequality in 5 words after Dow breaks through 29,000
    Business
    MarketWatch

    Ocasio-Cortez sums up inequality in 5 words after Dow breaks through 29,000

    That's “inequality in a nutshell,” according to Rep. Alexandria Ocasio-Cortez, who fired off those words in a tweet response to NBC's coverage of a fresh high for the Dow Jones Industrial Average (DJIA)on Friday. The New York Democrat was making the point that while the blue-chip index rallied more than 20% last year, U.S. average hourly earnings gained less than 3%. And since stocks are generally held by those with higher wealth levels, the data would support her “rich getting richer” stance.

  • Dramatic video, truck crashes offroad near trooper
    U.S.
    Associated Press Videos

    Dramatic video, truck crashes offroad near trooper

    Officials in the US state of Iowa are urging people to use caution and stay indoors if possible as blizzard conditions continued to wreak havoc in northern and central parts of the state on Saturday. Jan.

  • NIO Stock Soars on Rumors of Potential Billion-Dollar Cash Infusion
    Business
    InvestorPlace

    NIO Stock Soars on Rumors of Potential Billion-Dollar Cash Infusion

    December's quarterly earnings report reignited the spark in NIO (NYSE:NIO) shares when it created an electrifying 54%, single-session gain. Since then, we've seen nothing but bullish behavior, with a second jolt arriving yesterday after rumors swirled that the Shanghai-based EV maker would receive a $1 billion cash infusion from GAC Group. Overnight selling created a down open that has since reversed, driving the  NIO American Depository Receipts (ADRs) up 1.86% on the New York Stock Exchange.

  • Will you ‘feel pretty stupid’ holding cash? One trader revisits Ray Dalio’s laughable call and warns of a similar drop
    Business
    MarketWatch

    Will you ‘feel pretty stupid’ holding cash? One trader revisits Ray Dalio’s laughable call and warns of a similar drop

    Almost exactly two years ago, investing legend Ray Dalio turned heads with one of the worst short-term market calls in recent memory. The Bridgewater Associates founder, in an interview at the World Economic Forum back in January 2018, told investors that they were going to “feel pretty stupid” if they were holding cash as stocks climbed toward record highs. So, how stupid did they feel?

  • Disadvantages of Roth IRAs Every Investor Should Know
    Business
    Investopedia

    Disadvantages of Roth IRAs Every Investor Should Know

    A Roth IRA is a tax-exempt retirement savings account that holds investments that you choose using after-tax money. If you're thinking about opening an account, consider the disadvantages of Roth IRAs first. Roth and traditional IRAs are excellent ways to stash money away for retirement.

  • Should Your Required Minimum Distribution Be in Cash?
    Business
    Investopedia

    Should Your Required Minimum Distribution Be in Cash?

    Should you take your RMD by getting the cash or transferring the stock to another account? According to Michael J. Garry, managing member and chief compliance officer at Yardley Wealth Management, it doesn't matter for tax purposes. "There is usually little, if any, tax efficiency added by taking in-kind distributions instead of cash.

  • FCEL Stock Very Well May Be the Next Renewable Stock to Soar
    Business
    InvestorPlace

    FCEL Stock Very Well May Be the Next Renewable Stock to Soar

    FuelCell Energy (NASDAQ:FCEL) often gets compared to Plug Power (NASDAQ:PLUG). Both companies ostensibly are “fuel cell” plays, yet their operating models are completely different. After all, Plug Power uses fuel cell technology to power forklifts and other electric vehicles.

  • 4 Killed, 1 Injured in Family Shooting in Salt Lake City Suburb
    U.S.
    Meredith Videos

    4 Killed, 1 Injured in Family Shooting in Salt Lake City Suburb

    Four members of a family were killed and one injured in a shooting Friday night in a Salt Lake City suburb, local media report.

  • 7 5G Stocks to Connect Your Portfolio To
    Business
    InvestorPlace

    7 5G Stocks to Connect Your Portfolio To

    Large-Cap Stocks to Give a Wide Berth In other words, 5G doesn't just offer an industry from which to pick stocks to buy. Instead, this technology enables other technologies to flourish. It's a force-multiplier, one that comes around only once every several years.

  • What's the Difference Between Retirement in Canada and America?
    Business
    Investopedia

    What's the Difference Between Retirement in Canada and America?

    Key Differences: Retirement Savings Plans When it comes to saving for retirement, Canada and America both offer individuals similar financial vehicles with similar tax advantages. Canada's RRSP vs. America's Traditional IRA In Canada, Registered Retirement Savings Plans (RRSPs) allow investors to receive a tax deduction on their yearly contributions. Money invested in the plan grows tax-deferred, which advances the benefits of compounded returns.

  • You Should Down Luckin Coffee Stock While It’s Hot
    Business
    InvestorPlace

    You Should Down Luckin Coffee Stock While It’s Hot

    Amid the much hyped but ultimately disappointing spate of initial public offerings stands Luckin Coffee (NASDAQ:LK). Since its IPO price of $17, LK stock has launched toward its present level above $45. Although China is traditionally a tea-drinking mecca, the Asian juggernaut has rapidly embraced Western cultural elements and products.

  • The odds aren’t in stock-market investors favor, says billionaire Howard Marks
    Business
    MarketWatch

    The odds aren’t in stock-market investors favor, says billionaire Howard Marks

    Legendary investor Howard Marks likes to analyze probabilities and he's determined that when it comes to the stock market, chances of healthy, future returns are falling, he said in an interview with Bloomberg Television. In the Tuesday interview, Marks equated buying financial assets to games of chance like poker or Black Jack, where results are determined by “skill, luck, and hidden information.” He made a similar comparison in a quarterly report to investors.

  • Man who made a killing during financial crisis says that, at some point, the stock market will slow down — but, till then, ‘I love riding a horse that’s running’
    Business
    MarketWatch

    Man who made a killing during financial crisis says that, at some point, the stock market will slow down — but, till then, ‘I love riding a horse that’s running’

    The U.S. stock market has enjoyed a nearly uninterrupted assault on records, highlighted by the Dow Jones Industrial Average (DJIA) closing at a milestone above 29,000 for the first time and the S&P 500 (SPX) achieving its own landmark close above the psychological round-number at 3,300, while investors in the Nasdaq Composite Index (COMP) may have their sights trained on 10,000.

  • These 13 Tempting Dividend Stocks Torched Investors
    Business
    Investor's Business Daily

    These 13 Tempting Dividend Stocks Torched Investors

    Investors wound up losing money despite each of these stocks yielding 3% at the start of 2019 — because the stocks themselves plummeted. The SPDR S&P 500 ETF Trust, in comparison, started 2019 yielding just 2.01% (it's down to 1.7% now). Losing money especially stung in 2019, when the S&P 500 rose nearly 29%.

  • 3 Factors to Consider Before Gambling on GE Stock
    Business
    InvestorPlace

    3 Factors to Consider Before Gambling on GE Stock

    Once an iconic industrial giant, few companies have suffered as ignominious a loss as General Electric (NYSE:GE). In fact, the GE stock price peaked in the 2000s era dot-com bubble, never threatening to regain its former glory. Not only did GE stock peak roughly 20 years ago, it plummeted following a sizable rally leading up to the 2008 financial crisis.

  • 3 “Strong Buy” Stocks for the 5G Revolution in 2020
    Business
    TipRanks

    3 “Strong Buy” Stocks for the 5G Revolution in 2020

    Investors in Tower Semiconductor stock can expect to see "low double-digit" organic growth in 2020, says Needham analyst Rajvindra Gill. And while that may not sound like much, it's significantly faster -- potentially as much as twice as fast -- as the 6.7% growth rate that most Wall Street analysts are expecting (which could mean additional upgrades will follow as Tower delivers on its promises). Tower aims to aggressively expand capacity at its factories churning out 200mm and 300mm chips to supply growing demand for 5G smartphones, which are experiencing "stronger than expected 5G proliferation."

  • Business
    Benzinga

    Bulls And Bears Of The Week: IBM, Microsoft, Tesla And More

    Also, the next phase of presidential impeachment process has begun. Benzinga continues to examine the prospects for many of the stocks most popular with investors. The following are just a few of this past week's most bullish and bearish posts that are worth another look.

  • ‘I’m 22 with $70,000 in savings and investments, but I’m addicted to checking my brokerage accounts multiple times a day’
    Business
    MarketWatch

    ‘I’m 22 with $70,000 in savings and investments, but I’m addicted to checking my brokerage accounts multiple times a day’

    I do not want to live like that. I am addicted. I check my brokerage accounts multiple times a day and my mood is greatly affected by how the markets are doing.

  • 3 Reasons Nvidia Stock Could Be Set for a Monster 2020
    Business
    InvestorPlace

    3 Reasons Nvidia Stock Could Be Set for a Monster 2020

    Coming into the fourth quarter of 2018, Nvidia stock was riding high. Because crypto-mining had inflated the company's top- and bottom-lines and those buyers suddenly vanished, it sent Nvidia into a tumultuous fall. Nvidia stock was going to get hit hard regardless during this time, as the S&P 500 and Nasdaq endured peak-to-trough declines of ~20% in less than three months.

  • Should Insider Buying Tempt You Into These 7 Stocks?
    Business
    InvestorPlace

    Should Insider Buying Tempt You Into These 7 Stocks?

    Conversely, insiders buying shares suggests that the executive group is bullish on the company's near-term prospects. Investors may search out large-capitalization companies that had insiders buying shares in recent months. There are four technology companies, two consumer discretionary firms and one health company that have reported notable insider buying activities.