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SpaceX just put every US carrier on notice
TheStreet50d agoneutral
SpaceX just put every US carrier on notice

Every industry runs on a comfortable order, right up until someone from outside decides the rules do not apply to them. In US wireless, that order has held for a long time. Three companies, Verizon (VZ), AT&T (T) and T-Mobile (TMUS), control almost every phone in your pocket. They build the ...

Reuters50d agoneutral
Verizon bids $3.2 billion to win US spectrum licenses

Verizon ‌Communications successfully ‌bid nearly $3.2 billion ​for wireless licenses in a Federal ‌Communications ⁠Commission auction for mid-band ⁠spectrum, the agency said ​Friday. AT&T, ​T-Mobile ​and Space ‌X also won spectrum licenses in the auction that ‌raised ​about $3.5 ​billion. T-Mobile successfully ‌bid $278 million, ​T-Mobile $121 ​million and Space X $8.5 ​million, ‌the FCC ​said.

Social Security Pays $1,976 a Month. Here’s What a $393,000 Portfolio Generates Instead
24/7 Wall St.50d agoneutral
Social Security Pays $1,976 a Month. Here’s What a $393,000 Portfolio Generates Instead

The Social Security Administration’s headline benefit figure for the average retired worker, $2,071 a month, is the starting line of nearly every retirement income conversation. It is still well below what the average household actually spends. The Bureau of Labor Statistics’ Consumer Expenditure Survey put average annual household outlays at $78,535 in 2024, or roughly ... Social Security Pays $1,976 a Month. Here’s What a $393,000 Portfolio Generates Instead

The Dividend Strategy That Sends Your Grandkids To College
24/7 Wall St.50d agoneutral
The Dividend Strategy That Sends Your Grandkids To College

College has become so expensive that many students and parents struggle to cover the cost on their own. Grandparents are often in a different position, having accumulated assets over decades that younger generations have not had time to build. That makes tuition one of the most meaningful gifts they can provide. Rather than leaving an ... The Dividend Strategy That Sends Your Grandkids To College

SpaceX reportedly plans Starlink mobile service for US consumers
Proactive50d agoneutral
SpaceX reportedly plans Starlink mobile service for US consumers

SpaceX Corp (NASDAQ:SPCX) is considering launching a Starlink-branded mobile phone service in the United States, according to a Financial Times report published on Friday, potentially expanding the company's role in the telecommunications market. The report cited comments from SpaceX...

Alphabet Joined the Dow—and It Didn’t Help. What to Do With the Stock Now.
Barrons.com51d agoneutral
Alphabet Joined the Dow—and It Didn’t Help. What to Do With the Stock Now.

Alphabet has gone from AI loser to winner and back again, and its addition to the this past week has only seemed to make things worse. After hitting record highs of more than $400 in the first half of May, Alphabet has dropped around 15%. High-profile departures of artificial-intelligence researchers and an $85 billion equity raise have tested investors’ nerves, culminating in a $225 billion fall in market capitalization on a single day on Monday, the company’s worst-ever one-day loss in value.

Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports
Reuters51d agoneutral
Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports

Elon Musk's SpaceX has ‌told investors ‌that it plans to ​launch a Starlink mobile service for U.S. consumers, the Financial ‌Times ⁠reported on Friday, citing people familiar ⁠with the matter. SpaceX was considering ​launching a ​Starlink ​retail product ‌and could build its own terrestrial U.S. mobile network, President Gwynne Shotwell told ‌investors during ​a recent ​IPO ​roadshow, according ‌to the FT ​report. Reuters ​could not immediately verify the report.

Verizon (VZ) Stock Fair Value Edges Higher After Mixed Analyst Revisions
Simply Wall St.52d agoneutral
Verizon (VZ) Stock Fair Value Edges Higher After Mixed Analyst Revisions

The fair value price target for Verizon Communications has been nudged to about US$51.90 from US$51.85, reflecting only a very small adjustment in the latest valuation work. Behind that modest move, recent research points to a mixed setup, with some analysts emphasizing improving earnings quality, while others focus on slower growth relative to peers and execution risk around convergence. As you read on, you will see how these shifting views can shape the evolving Verizon Communications story...

Could Nike Get the Boot from the Dow? Why Berkshire Hathaway Might Take Its Place.
Barrons.com52d agoneutral
Could Nike Get the Boot from the Dow? Why Berkshire Hathaway Might Take Its Place.

Nike could be the next company dropped from the given its low stock price—and that might allow Berkshire Hathaway to finally make it into the venerable index. S&P Dow Jones Indices, which oversees both the Dow industrials and S&P 500 index, said that Verizon is leaving in part because its low stock price–around $46—gave the company an “immaterial impact” on the price-weighted index. Verizon’s weighting was around 0.5%, while Goldman Sachs whose stock trades for nearly $1,100 a share, has the highest weighting in the index at around 13%.

60 With $800,000. Here Are the 4 Yield Machines To Buy
24/7 Wall St.52d agobullish
60 With $800,000. Here Are the 4 Yield Machines To Buy

At 60 with $800,000, I want yield without sleepless nights. Capital costs are climbing again, which squeezes any dividend payer that leans on debt markets. I’m running a margin-of-safety check on four high yielders: Verizon, Altria, Realty Income, and Enterprise Products Partners. The Four Yield Machines at a Glance Stock Yield Payout vs EPS Streak ... 60 With $800,000. Here Are the 4 Yield Machines To Buy

What Verizon Communications (VZ)'s Dow Exit and Simpler Plans Strategy Means For Shareholders
Simply Wall St.52d agoneutral
What Verizon Communications (VZ)'s Dow Exit and Simpler Plans Strategy Means For Shareholders

In June 2026, Verizon Communications completed cash tender and exchange offers covering about US$1.86 billion of subsidiary notes while also being removed from the Dow Jones Industrial Average, where Alphabet will take its place. Together with launching simplified Simplicity and Verizon One plans to address subscriber losses, these moves signal a focus on cleaner financing and more customer-centric wireless and broadband offerings. We’ll now examine how Verizon’s Dow exit and push into...