Lumen is the old US West, but highlighting fiber and hosting assets. Lumen uses depreciation to afford an enormous dividend. That dividend was once much bigger, which is what makes LUMN stock so cheap. Source: T. Schneider via Shutterstock Lumen Technologies (NASDAQ:LUMN) stock, previously known as CenturyLink, was the US West of the last century.
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter surged 8.2% in premarket trading after Tesla (TSLA) CEO Elon Musk – currently Twitter’s largest shareholder – offered to take the company private for $54.20 per share in cash. The proposed deal would value Twitter at more than $43 billion. Goldman Sachs
Twitter (NYSE:TWTR) stock jumped 11.65% in pre-market as Elon Musk finally moved to take over the social media company after a series of back-and-forths as to the direction of the company. The controversial billionaire, announced that he had acquired a 9.2% stake in the company for $2.9 billion a few weeks ago, made a $43
Tesla’s (NASDAQ:TSLA) Austin gigafactory Factory will benefit stock prices. But Tesla’s most productive factory now sits idle due to Covid-19 precautions. Hawkish news out of the Federal Reserve doesn’t benefit growth plays including Tesla. Source: Grisha Bruev / Shutterstock.com Tesla (NASDAQ:TSLA) is battling a lot of production issues currently. As a result, the stock could
CF Acquisition VI (NASDAQ:CFVI), a blank check company bringing YouTube competitor Rumble to the public markets, gained some healthy ground after reporting the latest Rumble statistics. Over the last six months, CFVI stock is up 16.14%. According to the latest press release, Rumble saw a 22% increase in monthly active users in Q1 versus Q4,
In this article LATG Daniel Loeb, founder and chief executive officer of Third Point LLC Jacob Kepler | Bloomberg | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) The once red-hot SPAC market is becoming a fertile ground for activist investors who push for changes at problematic companies and profit from them. A record
In this article JPM The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images Check out the companies making headlines in midday trading. JPMorgan Chase – Shares fell 3.5% as JPMorgan Chase reported a $524 million
AllianceBernstein (AB): Mergers and acquisitions are set to further improve its offerings in this rising rate environment. Ares Capital (ARCC): can churn higher returns from the loans offered to mid-sized firms. Costco Wholesale (COST): could benefit as housing and employment booms. Source: Chompoo Suriyo / Shutterstock.com The Federal Reserve increased the benchmark interest rates in
The investment choices are limited for those investors who need more regular distributions of income as the vast majority of securities make quarterly dividend payments. However, there are approximately 50 companies that offer monthly dividend stocks. Monthly dividend stocks can work to the investor’s advantage, especially if they require more consistent cash flows. Even better,
Newegg (NASDAQ:NEGG) stock has important strengths and key weaknesses. Newegg — an e-commerce company that focuses on tech — is a profitable, rapidly growing company in an expanding, very promising sector. But on the other hand, it appears to be a meme stock and has become linked to cryptocurrencies at a time when meme stocks
Gevo (NASDAQ:GEVO) is developing renewable electricity and renewable natural gas for production processes, which has helped thrust GEVO stock into the spotlight. The company states that its “products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions.” Gevo says its technology can also be
If there’s been one word on the lips of everyone in finance, it’s cryptocurrency. If you’ve been kicking yourself for not getting in on the ground floor of blockbuster coins like Bitcoin and Ethereum, you might want to consider investing in an initial coin offering (ICO). Be warned, however: ICOs are highly risky even under
In this article ATRS BLK BBBY JPM DAL PYPL Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta rallied 6.6% in the premarket after reporting a smaller-than-expected quarterly loss and predicting a current-quarter profit. The airline also said monthly revenue exceeded pre-pandemic levels for the first time in March.
Snap’s (SNAP) financial results and other metrics indicate that its initiatives are resonating with its users The company’s financial results are impressive The valuation of SNAP stock is attractive Source: dennizn / Shutterstock.com Snap Inc’s (NYSE:SNAP) Snapchat, a social media website, appears to be pushing the right buttons to keep its users highly engaged and
Biogen’s (BIIB) Aduhelm looks like a market failure Approvals on treatments that don’t cure are now under challenge There can be no unlimited draw from a limited pool of funds Source: PictureDesignSwiss / Shutterstock.com When Biogen (NASDAQ:BIIB) stock got its Alzheimer’s drug Aduhelm approved last June, the stock spiked to nearly $420/share. It was due
Arguably the best and most technologically-sound electric vehicle (EV) company, Lucid (NASDAQ:LCID) recently debuted the latest edition of its Air luxury sedan. The move came less than a year into the car’s production. However, LCID stock still fell after the announcement. According to the company, customers have already started taking deliveries of the Lucid Air Grand
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, March 30, 2022. Brendan McDermid | Reuters For stock investors pondering how to ride out the worst bout of inflation in four decades, don’t worry and stay the course, according to Nick Maggiulli, chief operating officer at Ritholtz Wealth
A person wearing a protective mask enters a Chipotle restaurant in San Francisco, California, U.S., on Monday, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. CarMax — CarMax shares dipped more than 8% after reporting a beat on revenue but a miss on
Cheniere Energy (LNG): Liquified natural gas (LNG) production expectations and rapidly improving guidance make Cheniere Energy buy-worthy. Chevron (CVX): Chevron looks to reward its shareholders with a strong buyback plan based on increasing cash flow expectations. DCP Midstream (DCP): LNG firm already expected blowout income growth to begin in 2022, making it even stronger on
Genius Group (NYSEMKT:GNS) launched out of the gate with an incredible blast Tuesday. GNS stock exploded 408% higher on its first day of trading as a public company. This is quite the surprise, as Genius is not a well-established company. The offering’s lead underwriter, Boustead Securities, is not a top-tier initial public offering (IPO) shop.