33.75 +0.03 (0.09%)
After hours: 5:31PM EDT
|Bid||33.72 x 900|
|Ask||33.72 x 1100|
|Day's Range||33.38 - 33.92|
|52 Week Range||30.13 - 39.80|
|PE Ratio (TTM)||6.59|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||2.00 (5.95%)|
|1y Target Est||35.37|
Hulu's live TV streaming service has hit a milestone number of more than 1 million subscribers. The new figures were first reported by USA Today, in a report detailing Hulu's Emmy campaign. Hulu also confirmed the number's accuracy with us.
Accenture (ACN) is set to release its fiscal 2018 fourth-quarter financial results on September 27. In the last five quarters, Accenture’s bottom line has increased at a CAGR (compound annual growth rate) of 4.2%.
Millions of Americans have switched from traditional cable or satellite TV to streaming video-on-demand services such as Netflix (NFLX). Streaming services have lured consumers with low prices and good programming libraries. Last year, Netflix hiked the rates on a variety of its plans.
The FCC (Federal Communications Commission) announced last week that it needed more time to review the possible merger between T-Mobile (TMUS) and Sprint, the third- and fourth-largest carriers in the country. The two companies are looking to merge, as competition in the telecommunications sector has been squeezing their margins.
T-Mobile (TMUS) has been consistently deploying new spectrum, improving its network, and increasing capital spending to lay the groundwork for 5G (fifth generation). For 2018, T-Mobile expects capex of $4.9 billion–$5.3 billion, including spending for 5G deployment. T-Mobile has been working on its network and distribution and is seeing encouraging results, especially in the Greenfield markets.
Oracle (ORCL) reported fiscal Q1 2019 financial results on September 17. During the period, the company’s bottom line has grown at a CAGR (compound annual growth rate) of 3.4%. In fiscal Q1 2019, Oracle’s revenue rose 1% YoY to nearly $9.2 billion.
Verizon (VZ) is ready to keep its promise to start offering 5G (fifth-generation) service in 2018. It recently released details of its 5G rollout schedule and pricing. Verizon 5G Home, the name for the new wireless service, will go live on October 1 in four cities: Sacramento, Los Angeles, Houston, and Indianapolis.
Disney may be better off battling Netflix without Hulu. The media giant will gain control of the video-streaming service as part of its acquisition of assets belonging to 21st Century Fox. Selling the unit would be a straightforward way for Disney to cut debt and free up resources for its own streaming endeavors.
Tech stocks represent some of the most lucrative opportunities in the investing space, but identifying the long-term winners in a sector full of booms and busts is no easy task