|Bid||0.00 x 1300|
|Ask||0.00 x 900|
|Day's range||29.17 - 30.09|
|52-week range||28.85 - 39.33|
|Beta (3Y monthly)||0.46|
|PE ratio (TTM)||5.81|
|Earnings date||30 Jan 2019|
|Forward dividend & yield||2.00 (6.55%)|
|1y target est||34.40|
New Netflix streaming numbers from 7Park Data reveals Netflix might be well prepared to do well even as Disney and Fox pull their shows and movies.
The United States and Australia have banned Huawei products from being used to build their 5G networks. According to a recent report by the Wall Street Journal, the United States has even gone the extra mile to ask friendly countries to shun Huawei products in their 5G network buildout. Huawei is a fierce rival of Ericsson (ERIC) in the telecom equipment vendor market.
Netflix (NFLX) has been the leading global streaming company for a while now. The arrival of over-the-top (OTT) streaming services has led to a fall in traditional TV services in recent years. Netflix’s problem is compounded because these companies will be pulling their content from the streaming giant.
Shares of Apple (AAPL) dipped once again Monday morning after Citi analysts cut their Apple price target amid increased worries about the iPhone giant's future. Plus, a Chinese court's ruling in favor of Qualcomm (QCOM) spell trouble for Apple.
As of December 4, Sprint’s (S) market capitalization was $25.1 billion, making it the fourth-largest US mobile carrier. In comparison, T-Mobile’s (TMUS) market capitalization was $56.5 billion, Verizon’s (VZ) was $240 billion, and AT&T’s (T) was $223.7 billion.
NEW YORK (AP) — You might have heard of lights that turn off with an app or voice command. Or window shades that magically rise every morning.
Sprint (S) closed at $6.16 on December 4. Based on that closing price, Sprint had a market capitalization of $25.1 billion, the lowest among major US mobile carriers. The stock was trading 28.1% above its 52-week low of $4.81 and 6.9% below its 52-week high of $6.62.
Sprint (S) has been continuously spending to enhance its network. In the second quarter of fiscal 2018 (ended in September), Sprint’s cash capital expenditure (excluding leased devices) rose YoY (year-over-year) to $1.3 billion from $0.7 billion, mainly driven by higher spending on Next-Gen Network initiatives.
Following a string of acquisitions, including the $85.4 billion purchase of Time Warner, AT&T’s (T) total debt has risen, standing at $183.4 billion as of the end of the third quarter. AT&T is focused on reducing this heavy debt load. AT&T is expecting to generate $26 billion in free cash flow in 2019, an amount it will use to meet its day-to-day expenses, pay dividends as usual, and pay down debt worth as much as $12 billion.
employees have accepted an early retirement offer, as the US telecoms giant looks to shrink its workforce as part of a plan to slash costs by $10bn. Verizon is investing heavily to build out a 5G network, as it looks to compete in the cut-throat US telecoms landscape. , Verizon has instead bet on investing in infrastructure to offer faster networks in its core phone business.