Third Point's value-focused billionaire chief dumped a stock priced for perfection for one that's reasonably inexpensive amid a historically pricey market.
Don't let the alarming environment discourage you from being in the market. Just change your tack to something better suited for the current situation.
AST SpaceMobile's recent strategic wins, from a major spectrum deal to new global partnerships, signal a key inflection point for its ambitious growth plans.
Verizon, Thames Freeport, and Nokia Corp partner to deploy Private 5G Networks for economic revival in the U.K. Verizon's stock is up 4% in the last year.
Trump's new "Made in America" smartphone plan is powered by a little-known wireless provider based in his Miami condo, raising questions about scalability as its website still displays placeholder text.
T-Mobile US to launch data service on satellite-to-cell network powered by SpaceX's Starlink by October. Customers have signed up for the service, including from AT&T and Verizon. Apple and SpaceX competing for limited spectrum rights. Satellite communication market could reach $194.55 billion by 2032.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
A Reuters report said the agreement was deemed fair and reasonable by U.S. District Judge Ada Brown during a hearing on Friday in Dallas federal court, where the class-action lawsuit was being litigated.
AT&T’s first quarter delivered steady growth, with positive market reaction driven by strength in mobility and consumer wireline businesses. Management credited robust postpaid phone and fiber subscriber gains as key contributors, noting that targeted investments in customer acquisition and network expansion paid off. CEO John Stankey pointed to the company’s “differentiated position as the largest converged provider across 5G and fiber” as a main driver of high-value customer relationships, particularly within its expanding fiber footprint. CFO Pascal Desroches highlighted cost control efforts and noted that adjusted margins were impacted by increased advertising and guarantee program launch costs.
AST SpaceMobile is well-positioned to deliver space-based mobile communications services globally, capturing a share of a multi-billion-dollar growth industry.
AT&T (NYSE:T) shows strong technicals with a perfect 10 rating and an 8 setup score, indicating a potential breakout. The stock trades near highs with solid support levels.
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages.
Just because a business is in the green today doesn’t mean it will thrive tomorrow.
