AT&T CEO John Stankey told CNBC on Friday the company can maintain its dividend payment while still investing in growth businesses like direct-to-consumer streaming service HBO Max. Stankey made in the comments on “Squawk on the Street” in response to a question from CNBC’s David Faber, who asked the CEO if money AT&T used to
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Check out the companies making headlines before the bell: Oracle (ORCL) – Oracle reported an adjusted quarterly profit of $1.16 per share, 5 cents above estimates, and the business software giant’s revenue was slightly above Wall Street forecasts. However, revenue in Oracle’s cloud division fell short of analyst projections, and Oracle shares fell 5.4% premarket.
ChargePoint Holdings (NYSE:CHPT), an EV charging company that has come to market via the Switchback Energy Acquisition Corp. (NYSE:SBE) SPAC, has been a volatile. Indeed, CHPT stock has fallen approximately 40% from its 52-week high late last year. Source: Michael Vi / Shutterstock.com There are a couple of factors driving shares lower. Among these are the rise
Canadian enterprise software group Blackberry (NYSE:BB) has had a rollercoaster ride in recent weeks. BB stock finished 2020 at $6.63. Then, on Jan. 27, it hit a multi-year high of $28.77. By March, the share price was down to $8.82, but today BB rests at around $11.50. Source: Shutterstock This recent volatility in BB stock has,
The rise of the gig economy has been a boon for FVRR (NYSE:FVRR) stock, a platform that connects business to a global network of freelancers. Source: Temitiman / Shutterstock.com Following the 2008 recession, gig jobs were are largely dispersed with 97% of freelancing happening offline. Micah Kaufman, the founder of Fiverr set out to change
Scott Flanders, CEO of eHealth Adam Jeffery | CNBC Company: eHealth Inc. (EHTH) eHealth provides private health insurance exchange services to individuals, families, and small businesses in the United States and China. Its e-commerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare,
A visitor in front of the Wall Street Bull, a bronze sculpture in the Financial District of Manhattan New York, May 19, 2020. Timothy A. Clary | AFP | Getty Images A year after the Covid pandemic forced the nation into a shutdown, the stock market has been overhauled in ways Wall Street never imagined.
Organigram Holdings (NASDAQ:OGI) is just another one of the many Canadian cannabis companies struggling to get profitable. As a result, OGI stock is down 26% from its high of $6 on Feb. 10. Good luck with this company getting profitable enough to justify that price again. Source: Shutterstock In fact, in the past year OGI
How much does health insurance cost? Across the United States, Americans pay wildly different premiums monthly for health insurance. While these premiums are not determined by gender or pre-existing health conditions, thanks to the Affordable Care Act, a number of other factors impact what you pay. We explore those factors below to help you understand
Social Capital Hedosophia Holdings Corp. IV (NYSE:IPOD) stock is another special purpose acquisition company (SPAC) that has all the advantages and risks of SPAC investing strategies. There’s potential for high returns, but at the same time quite a bit of risk. Therefore, let’s look at the main factors to consider when investing in IPOD stock.
To say the world changed in the last 12 months is a massive understatement. How we think about things is fundamentally different, thanks to the coronavirus pandemic. It’s those changes, however, that create new investing opportunities, such as one that exists today with CrowdStrike (NASDAQ:CRWD) stock. Source: VDB Photos / Shutterstock.com Since Covid-19 was declared a
Shares of Invitae rose over 25% this week, a sharp move higher that came after Ark Invest’s Cathie Wood called the company one of her most underappreciated stocks in a CNBC interview on Monday. Invitae was the 11th-largest holding in Wood’s flagship fund, the Ark Innovation ETF (ARKK), as of Thursday, giving it a weighting larger
Traders on the floor of the New York Stock Exchange Source: NYSE Bonds could be volatile in the week ahead. If yields go higher, that could make it difficult for big tech and other growth stocks to gain traction. Rising bond yields have been challenging growth stocks. Names like Apple, Tesla, and Amazon have been
iBio (NYSEAMERICAN:IBIO) stock is up 12% in the past year and up 74% in the year-to-date period. However, since I last wrote about IBIO stock on Nov. 20, the stock is mostly flat, including two big drops,lending credence to my concerns. Source: Shutterstock My worry at the time was that the company would continue to issue
Planning your tactical buys during market corrections is critical to execution and long-run success
It was yet another wild week in the market as tech stocks continued to lag while the S&P 500 rallied to new all-time highs. Source: Shutterstock We’ll analyze the broad action in today’s new episode of MoneyLine and I’ll highlight where I think stocks are heading next. But even more importantly, we’ll turn back the
Airlines didn’t do much flying last year, but carriers like American Airlines (NASDAQ:AAL) still show signs of a strong rebound. According to many analysts, this is the perfect time to add some airline names like AAL stock to your portfolio. Source: GagliardiPhotography / Shutterstock.com Why? With the worst of the pandemic behind us, the sector
Edwards Air Force Base is seen in California’s Mojave Desert in this photo taken by an astronaut on the International Space Station. NASA Elon Musk’s SpaceX is preparing to further test its Starlink satellite internet in a demonstration for the U.S. Air Force, the company revealed in a recent request to the Federal Communications Commission. “SpaceX
Check out the companies making headlines before the bell: Ulta Beauty (ULTA) – Ulta Beauty announced that CEO Mary Dillon will step down in June to be replaced by company President David Kimbell. Dillon will move to the role of executive chairman. Separately, the cosmetics retailer beat estimates on the top and bottom lines for
Seasoned investors realize dividend investing is a time-tested strategy that might be appropriate for most buy-and-hold retail portfolios. They are not interested in timing highly volatile momentum. Instead their investment strategy is, at least in part, to buy shares in high quality dividend-paying companies and then reinvest those dividends over a long period of time,