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Why AT&T (T) Shares Are Sliding Today
StockStory72d agoneutral
Why AT&T (T) Shares Are Sliding Today

Shares of telecommunications conglomerate AT&T (NYSE:T) fell 3.8% in the afternoon session after Oppenheimer downgraded the stock to 'Perform' from 'Outperform,' citing rising competitive threats from low-Earth-orbit satellite internet providers.

US Supreme Court backs FCC in clash with wireless carriers over fines
Reuters72d agoneutral
US Supreme Court backs FCC in clash with wireless carriers over fines

The U.S. Supreme Court backed the Federal Communications Commission's system for levying fines, ruling on Thursday against wireless carriers AT&T and Verizon in their challenge to the agency and handing a win ‌to President Donald Trump's administration. At issue in the legal dispute was whether the agency's in-house proceedings for ‌imposing the penalties deprived the companies of their right to a jury trial under the U.S. Constitution. Trump's administration defended the FCC's system for assessing financial penalties, known ​as forfeiture orders.

How to Maximize Dividend Income in Retirement Before RMDs Change the Math
24/7 Wall St.72d agoneutral
How to Maximize Dividend Income in Retirement Before RMDs Change the Math

At the 24% federal bracket, a portfolio throwing off $40,000 in high-yield dividend income hands roughly $9,600 to the IRS every year when those shares sit in a taxable account treated as ordinary income. For investors in the gap years between retirement and RMD age 73, that drag compounds quietly until required minimum distributions force ... How to Maximize Dividend Income in Retirement Before RMDs Change the Math

JP Morgan’s Analyst Focus List for June Has 5 Top Passive Income Dividend Picks
24/7 Wall St.73d agoneutral
JP Morgan’s Analyst Focus List for June Has 5 Top Passive Income Dividend Picks

All the major Wall Street firms we cover here at 24/7 Wall St. have a list of the top stock picks for their institutional and retail clients to invest in. Typically, these are companies that analysts have a high level of conviction in and feel strongly about their fundamentals and forward-looking prospects. In addition, they ... JP Morgan’s Analyst Focus List for June Has 5 Top Passive Income Dividend Picks

Here Be SpaceX, Destroyer of Worlds
Barrons.com73d agoneutral
Here Be SpaceX, Destroyer of Worlds

Elon Musk’s SpaceX which will probably get a $1.8 trillion price tag when it debuts on the Nasdaq next week, carries a host of superlatives. Part of the problem is SpaceX itself. The company combines Musk’s space, satellite, social media, and artificial intelligence divisions, and is expected to float roughly 555 million shares with a share price of about $135.

Can Pure Dividend Stocks Replace a $110,000 Dual-Income Household Income? Here’s What It Would Take
24/7 Wall St.73d agoneutral
Can Pure Dividend Stocks Replace a $110,000 Dual-Income Household Income? Here’s What It Would Take

A combined household income of $110,000 is close to the national norm for a two-earner household. For a 56-year-old couple hoping to retire at age 60 and fund their lifestyle entirely through dividend income, that annual amount becomes the income target their portfolio must replace. The basic calculation is straightforward: divide the desired income by ... Can Pure Dividend Stocks Replace a $110,000 Dual-Income Household Income? Here’s What It Would Take

AT&T Valuation Debate Grows As SpaceX IPO Highlights Broadband Threat
Simply Wall St.73d agoneutral
AT&T Valuation Debate Grows As SpaceX IPO Highlights Broadband Threat

AT&T (NYSE:T) has been downgraded by a major Wall Street analyst, citing rising competitive pressure in broadband from satellite providers. SpaceX’s expanding satellite internet service, Starlink, is highlighted as a potential long term threat to AT&T’s core broadband business. The announcement of a SpaceX IPO is drawing fresh attention to satellite broadband and raising questions about future market share across the sector. AT&T (NYSE:T) is a key player in US telecoms, with broadband as an...

T-Mobile drops new free perks for customers as pressure builds
TheStreet73d agobearish
T-Mobile drops new free perks for customers as pressure builds

T-Mobile is boosting its appeal to customers amid recent challenges in retaining their loyalty. The carrier is rolling out additional free customer perks after seeing a slight uptick in churn over the past few months. During an earnings call in April, T-Mobile CEO Srini Gopalan said the ...

SpaceX IPO Could Be a Killer—in More Ways Than One
Barrons.com73d agoneutral
SpaceX IPO Could Be a Killer—in More Ways Than One

Elon Musk’s SpaceX, which is likely to get a $1.8 trillion price tag when it debuts on the Nasdaq next week, carries a host of superlatives. Part of the problem is SpaceX itself. The company combines Musk’s space, satellite, social media, and artificial intelligence divisions, and is expected to float 555 million shares next week with a share price of around $135.

What's justifying SpaceX's $2T valuation target ahead of IPO?
Yahoo Finance Video73d agoneutralVIDEO
What's justifying SpaceX's $2T valuation target ahead of IPO?

According to Reuters, SpaceX (SPAX.PVT) is gunning for an IPO date of Friday, June 12, with hopes to begin trading on the Nasdaq at $135 per share. This could launch the value of Elon Musk's private space operator to $2 trillion. Yahoo Finance Senior Reporter Pras Subramanian lays out the most valuable segments of the space company that Wall Street is watching.

AT&T Stock Drops After Downgrade. Blame SpaceX.
Barrons.com73d agobearish
AT&T Stock Drops After Downgrade. Blame SpaceX.

Such concerns led Oppenheimer analyst Timothy Horan to downgrade shares of AT&T to Perform from Outperform on Wednesday and removed his previous price target of $32. Rising competition from providers of satellite broadband, like Amazon Leo and SpaceX’s Starlink, could take market share from AT&T’s internet business. SpaceX is expected to go public next week, and Horan says the IPO will highlight the risks satellite poses to AT&T.

SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says
Reuters73d agoneutral
SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says

SpaceX will disrupt the $1.6 trillion U.S. communications industry as the Elon Musk-led company's ‌satellite broadband unit Starlink expands, Oppenheimer said in a ‌note on Wednesday, adding that legacy broadband providers like AT&T may be most ​at risk. • Oppenheimer said companies such as AT&T, Verizon Communications and T-Mobile could see ⁠faster declines in subscribers and revenue going forward. • Oppenheimer ​raised its 2030 estimates for ​U.S. broadband subscribers to ‌15 million from 10 million earlier.

Tutor Perini (TPC) Valuation Check After Recent Share Price Pullback And Backlog Growth
Simply Wall St.74d agoneutral
Tutor Perini (TPC) Valuation Check After Recent Share Price Pullback And Backlog Growth

Why Tutor Perini Stock Is Drawing Fresh Attention Tutor Perini (TPC) is back on many watchlists after a sharp move in its share price over the past month, prompting closer scrutiny of its valuation, business mix, and recent financial results. See our latest analysis for Tutor Perini. While the share price has eased about 21% over the past month, it still carries a 7.12% year to date share price gain and a very large 3 year total shareholder return that suggests earlier buyers have already...

3 Growth Companies With High Insider Ownership And Up To 114% Earnings Growth
Simply Wall St.74d agoneutral
3 Growth Companies With High Insider Ownership And Up To 114% Earnings Growth

The United States market has shown robust performance, climbing 1.6% in the last 7 days and up 28% over the past year, with earnings forecasted to grow by 17% annually. In this thriving environment, growth companies with high insider ownership can be particularly appealing as they often signal strong confidence from those closest to the business and can offer significant potential for earnings growth.