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We have previously covered AT&T Inc. (NYSE:T) in April 2023 here. At that time, the stock has been wrongfully sold-off, since its free cash flow generation has always been lumpy, depending on the timing of cash distributions, capital expenditures, and cash paid for vendor financing. Given the optimistic signs of…
Partners at Odey Asset Management said that founder Crispin Odey would leave the firm after 13 women accused him of sexual misconduct. The high-profile financier and his firm have been at the centre of a growing crisis after the Financial Times reported on Thursday that 13 women alleged Odey had…
RFK Jr.: It’s almost impossible for anyone to interview me on vaccines Democratic presidential candidate, environmental lawyer and anti-vaccine activist, Robert F. Kennedy Jr. sat down with CNN’s Michael Smerconish to discuss his wealth of knowledge on vaccines and why he feels the media is censoring him. Read the full…
Big Tech’s market value in the S&P 500 index has surged to more than a quarter of the index, with just seven stocks this year adding heft larger than the weight of its entire energy sector, according to DataTrek Research. Companies known as Big Tech, including Apple Inc. AAPL, +0.22%,…
About the author: Christopher Tang is a distinguished professor at the UCLA Anderson School of Management. With nearly $2 trillion in federal funding behind its industrial policy, the Biden administration should be finding it relatively easy to achieve its goals of strengthening manufacturing and accelerating the transition to green energy. Unfortunately,…
At one time, no one had ever heard of a telegraph operator. An electrician. Auto mechanic. TV producer. X-ray technician. Software developer. Webmaster. Cybersecurity specialist. Advancements in technology have always spawned new kinds of jobs while rendering other ones obsolete. Artificial intelligence will be no exception. Right now, we don’t…
The Supreme Court on Thursday limited the Environmental Protection Agency’s authority to police water pollution, ruling that the 50-year-old Clean Water Act should not allow the agency to regulate overflow into some wetlands near bodies of water. The ruling comes down in favor of individual property rights over what previous officials…
© Reuters. GitLab stock jumps 20% on strong Q1 beat & guidance GitLab (NASDAQ:) shares surged more than 26% in pre-market Tuesday after the company reported stronger-than-expected Q1 earnings. of ($0.06) came in better than the consensus estimate of ($0.14). Revenue grew 45% year-over-year to $126.9 million, beating the consensus…
Investing.com – By the time you read this, OPEC would have probably decided, even announced, new production levels meant to seize pricing of oil back from the hands of short-sellers who’ve driven the group nuts this year in trying to keep a barrel at $80 or more. Oil revenue is…