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2 mins read
Wall Street says buy stocks that pay dividends with $6 trillion of cash ready to be deployed
"We see more opportunities within equities for investors searching for yield," Bank of America's Sa…
Matthew Fox
2 mins read
Apple stock has 25% upside amid 4 potential catalysts from next week's iPhone 16 reveal, Goldman Sachs says
An unexpected price increase to the lineup of iPhone 16 models would provide Apple with a direct re…
Matthew Fox
1 min read
Texas is poised to get its own stock exchange with less red tape than the NYSE or Nasdaq
BlackRock and Citadel are among the backers of the Texas Stock Exchange, which has raised $120 mill…
George Glover
1 min read
AT&T and other telecom stocks drop on report Amazon looks to offer mobile phone service to Prime customers
The e-commerce giant is in talks with wireless carriers for a low-cost or free phone service, sourc…
Jason Ma
1 min read
AT&T spikes after it completes WarnerMedia spinoff and is upgraded to 'buy' at JPMorgan
"A more communications-focused company, AT&T now looks more like Verizon than it has in years after…
Matthew Fox
2 mins read
AT&T sinks after it says it will slash annual dividend 47% following WarnerMedia spinoff
AT&T will now pay an annual dividend of $1.11 per share, giving it a dividend yield of 4.3% based o…
Matthew Fox
2 mins read
US stocks edge higher as investors digest earnings following worst monthly performance in 2 years
UPS and AMC were contributing to gains on Wall Street. AT&T sank after announcing it would slash it…
Carla Mozée
2 mins read
AT&T's stock could jump roughly 50% from current levels as its newly formed media conglomerate with Discovery unlocks value, BofA says
Bank of America calculates that the transaction with Discovery could add a range of $1 to $16 a sha…
Emily Graffeo
1 min read
Discovery surges 10% after agreeing to acquire AT&T's media operations for $43 billion
Discovery's acquisition will bring together more than 100 media brands including HGTV and HBO.
Carla Mozée
2 mins read
US stocks fall as weakening data suggests recession coming for the economy
"A recession is all but certain, so the more important question is if markets will hit new lows as …
Matthew Fox
2 mins read
Sony's growing exposure to anime content makes it a top stock to buy, according to Goldman Sachs
"Crunchyroll is now positioned as the most appealing platform for Japanese anime fans both in terms…
Matthew Fox
2 mins read
US stocks fall after jump in jobless claims and weak corporate earnings results
The Philly Fed Factory index contracted in April, representing the eighth consecutive monthly readi…
Matthew Fox
2 mins read
Nasdaq surges 3% to reclaim key level for the first time since April as investors assess earnings
Of the 43 S&P 500 companies that have already reported results, about 60% beat profit and sales exp…
Matthew Fox
2 mins read
US stocks gain as investors assess latest wave of 2nd-quarter earnings results
Of the 43 S&P 500 companies that have already reported results, about 60% beat profit and sales exp…
Matthew Fox
2 mins read
US stocks plummet as Treasury yields soar to 3-year highs and investors assess COVID-19 outbreak in China
The 10-Year US Treasury yield surged to a high of 2.78% on Monday, representing its highest level s…
Matthew Fox
1 min read
US stocks trade mixed as business activity improves while earnings season heats up
Earnings season is heating up, with industrial giants GE and 3M reporting early Tuesday while tech …
Brian Evans
3 mins read
WarnerMedia execs mourn the Disney deal that never happened
Also, what agencies think of Apple's new ad, and advertisers battle misinformation.
Lucia Moses
1 min read
The merger of WarnerMedia and Discovery has at least $3 billion in 'cost synergies,' a phrase that often means layoffs
Cost "synergies" are a common feature of big deals. They're a type of cost saving that can take man…
Kate Duffy
2 mins read
AT&T is combining WarnerMedia with Discovery to create a new streaming giant
AT&T on Monday said it would spin off its WarnerMedia content unit, which includes HBO, TNT, CNN, a…
Grace Dean,Claire Atkinson
2 mins read
Netflix and HBO Max's Q1 subscriber growth results show how crucial international expansion is to the streaming wars
WarnerMedia's HBO Max gained 2.7 million retail subscribers and now has 9.7 million subscribers in …