AT&T, Verizon, and T-Mobile took a beating on Wednesday as investors braced for an orbital clash with Elon Musk. Shares of AT&T (NYSE: T) and Verizon (NYSE: VZ) both fell 4%, while T-Mobile (NASDAQ: TMUS) slid 2%, following a Semafor report that SpaceX is plotting a direct assault on the U.S. wireless oligopoly. The rocket titan is actively hunting urban-grade spectrum—either by snapping up rivals or crashing next year’s federal auction—to build out dense coverage in major cities. The selloff hi
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Dish DBS, the satellite TV and wireless subsidiary of EchoStar, filed for prepackaged Chapter 11 bankruptcy on June 30 in federal court in Houston. The filing ends months of speculation about the future of the industry's would-be fourth wireless carrier. More than 88% of Dish's bondholders ...
AT&T Inc. (NYSE:T) is one of the Best Telecom Services Stocks to Buy According to Analysts. The stock’s average analyst price target implies 46.94% upside, and the consensus rating is Buy. Among the most important developments recently, Reuters reported on June 18 that California regulators asked a U.S. court and the Federal Communications Commission to […]
Verizon Communications Inc. (NYSE:VZ) is one of the best dividend stocks yielding at least 5% to buy according to hedge funds. On June 27, Verizon Communications Inc. (NYSE:VZ) secured nearly $3.2 billion worth of wireless licenses in a Federal Communications Commission (FCC) auction for mid‑band spectrum. The auction raised about $3.5 billion in total, with […]
The Morning Bull - US Market Morning Update Wednesday, Jul, 1 2026 US stock futures are slightly softer this morning, with E-mini S&P 500 contracts down about 0.1%, as investors weigh tight energy supplies against calmer inflation signals from overseas and brighter Chinese data. The US Strategic Petroleum Reserve has dropped to 325.7 million barrels, a 43 year low, which underlines how little backup there is if fuel prices spike again. At the same time, France’s inflation rate has slowed to...
(Bloomberg) -- Brian Roberts lost out on an opportunity last year to merge NBCUniversal with Warner Bros. Discovery Inc. But the process helped get the chairman and co-chief executive officer of Comcast Corp. thinking about what NBCUniversal would look like on its own. Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Leaves Tr
The Federal Communications Commission’s first spectrum auction after a four-year hiatus. brought in upwards of $3.5 billion in total, the agency said.
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 $8.5 million, the FCC said.
A California agency said Thursday it has asked a U.S. court and the Federal Communications Commission to reject the request of AT&T to stop offering traditional copper wire phone service to new customers. The California Public Utilities Commission said AT&T's was trying to get out of its obligations as a carrier of last resort.
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.99%. June E-mini S&P futures (ESM26 ) fell -1.19%, and June E-mini Nasdaq futures...
Stocks slide as interest rates remain the same and Fed Chair Kevin Warsh starts writing a shorter song for the biggest central bank in the world.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.15%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. June E-mini S&P futures (ESM26 ) are down -0.17%, and June E-mini Nasdaq futures...
Tutor Perini Corporation recently announced it had secured a task order of approximately US$651.8 million from NAVFAC Pacific to harden and underground critical electrical feeders at Naval Base Guam, with design starting in 2026 and substantial completion targeted for 2031. The award adds a large, long-duration defense infrastructure project to Tutor Perini’s backlog, reinforcing its role in complex federal civil and electrical work. We’ll now examine how this long-dated US$651.8 million...
With a short percentage of shares outstanding of 3.42%, Tutor Perini Corporation (NYSE:TPC) is among the 7 Best Water Infrastructure Stocks to Buy for Scarcity Trends. Tutor Perini Corporation (NYSE:TPC) strengthened its project pipeline on May 27 when its subsidiary, Perini Management Services, secured an approximately $81.8 million contract from the U.S. Coast Guard. The award covers the […]
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.
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
June S&P 500 E-Mini futures (ESM26) are trending down -0.05% this morning as oil prices and bond yields climbed after the U.S. and Iran exchanged heavy fire in the Persian Gulf.
(Bloomberg) -- Shareholders at Palo Alto Networks Inc. have a recurring beef with the company over how much it pays the chief executive officer and other senior leaders. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedA ma
Holding a high-yield dividend portfolio in a taxable account at the 24% federal bracket means writing the IRS a $14,400 check every year on $60,000 of income that should have been yours. It repeats annually, forever, on the same dollars you already earned. This series exists because most readers know what a Roth IRA is ... The Dividend Stocks That Generate $60,000 Tax-Free Inside a Roth (And What They Cost You in a Taxable Account)
Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the “Carillon Eagle Growth & Income Fund”. A copy of the letter is available to download here. The first quarter of 2026 was volatile due to market shifts, including increased geopolitical risk and inflation fears from rising energy prices. The S&P declined […]
EchoStar Corp (NASDAQ:SATS) shares are gaining Wednesday. Federal regulators cleared two large transactions that allow the company to transfer a significant block of its spectrum holdings to SpaceX and AT&T. Here’s what you should know. EchoStar shares are powering higher. Why is SATS stock surging? The approval removes the final regulatory barrier and confirms that EchoStar can now complete both sales, which together represent more than $40 billion in deal value according to the FCC. FCC Approv