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☆ We spoke with more than 50 CEOs, billionaires, execs, and government officials in Davos. Here are our 4 biggest takeaways.
  + stars: | 2023-01-25 | by ( Matt Turner | Cadie Thompson | ) www.businessinsider.com   time to read: +10 min
Insider's Matt Turner and Cadie Thompson share their biggest takeaways from the World Economic Forum. More than 1,500 business leaders descended on Davos in the Swiss Alps last week for the World Economic Forum's annual meeting. The week of Davos, Alphabet published an explainer on its approach to AI signed by execs including CEO Sundar Pichai. "With every technology, there is good and then there's bad," Rima Qureshi, Verizon's chief strategy officer, told Insider. Several of those who spoke with Insider highlighted the need for much-greater collaboration among companies — and a willingness to experiment.
☆ AT&T adds more wireless subscribers than expected; shares rise
  + stars: | 2023-01-25 | by ( Eva Mathews Samrhitha A | Eva Mathews | Samrhitha A | ) www.reuters.com   time to read: +2 min
"With improving churn numbers and strong 5G wireless net adds, AT&T is entering 2023 in a good position," Third Bridge analyst Jamie Lumley said. Apart from 5G technology, AT&T is also investing in bolstering its fiber-optic network, which lets it sell both broadband services and video packages. "We will be operating in a challenging macroeconomic environment where wireless industry growth is likely to return to more normalized levels." Wireless stocks in the last 12 months Wireless stocks in the last 12 monthsFor the latest quarter, AT&T added 656,000 postpaid phone subscribers, above Factset estimates of 644,800 additions. The number also came in well above Verizon's 217,000 additions, although it failed to match T-Mobile's expected 927,000 additions.
☆ Verizon CEO on earnings and 2023 outlook
  + stars: | 2023-01-24 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVerizon CEO on earnings and 2023 outlookVerizon CEO Hans Vestberg joins 'Squawk Box' to discuss Verizon's stock performance after the company's earnings results. The company posted mixed results for the 2022 fourth quarter.
☆ Wells Fargo upgrades AT&T, says its growth forecast looks more attractive than Verizon's
  + stars: | 2023-01-10 | by ( Samantha Subin | ) www.cnbc.com   time to read: +1 min
AT & T is coming out on top in the epic battle between wireless companies to win over customers and gain subscribers, according to Wells Fargo. Analyst Eric Luebchow upgraded the telecom company to overweight from an equal weight rating, saying in a Tuesday note that shares look more attractive than Verizon 's and offer a superior growth trajectory. Luebchow also views AT & T as a way for investors to play defense in a difficult market and inflationary backdrop. The company's growth momentum looks better positioned than that of Verizon, which faces earnings risks from rising rates and consumer phone declines, he added. The stock outperformed in 2022, falling just 0.9% and is already up 3.4% in the new year.
☆ The holiday shopping season is critical for many small businesses. Here's how entrepreneurs can prepare.
  + stars: | 2022-11-25 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com   time to read: +7 min
Early data indicated that Americans will be holding onto their wallets tighter this holiday season. Meanwhile, 24% of small businesses surveyed by Kabbage reported that holiday sales will determine their survival. Saturday is Small Business Saturday, an event created by American Express aimed at supporting small-business owners during the holiday shopping season. "The savviest of small businesses prepared in advance for supply challenges this holiday season," Nicole Leinbach Reyhle, the CEO and founder of the retail publication Retail Minded, said. Inventory levels are a top concern for small businesses this holiday season.
☆ Buy these 10 extremely undervalued stocks with strong dividend growth as recession fears linger, Morningstar analyst says
  + stars: | 2022-11-16 | by ( Morgan Chittum | ) www.businessinsider.com   time to read: +3 min
Dividend stocks have held up far better than growth stocks this year, per Morningstar. The firm's Dividend Yield Focus Index is up 4%, whereas the overall US Market Index is down 20%. The firm shares 10 "undervalued" stocks, all of which have a dividend yield of 3.2% or higher. Dividend stocks from financially healthy companies may be the best way to hunker down and earn passive income. Morningstar shared these 10 "undervalued" stocks, all of which have a forward dividend yield of 3.2% or higher.
☆ Comcast tops expectations as it squeezes out a small gain in broadband subscribers
  + stars: | 2022-10-27 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +4 min
Comcast on Thursday reported third-quarter earnings that beat analyst estimates, despite seeing revenue slightly decline and continued softness in broadband customer growth. Still, it's a sign that cable broadband providers are facing increased competition from telecom and wireless internet companies. Meanwhile, Comcast's cable unit, which includes pay-TV, mobile and traditional phone services in addition to broadband, saw revenue increase 2.6% to $16.5 billion. The company said broadband revenue jumped 5.7% due to an increase in average rates and the number of its residential broadband customers. Peacock, the company's fledgling streaming service, surpassed 15 million paying customers, an increase of more than 70% year-to-date, the company Thursday.
☆ Startup Parrots is using 5G to develop a bird-shaped, AI-powered machine that helps people with disabilities communicate
  + stars: | 2022-10-27 | by ( Karen Fischer | ) www.businessinsider.com   time to read: +6 min
Polly, a hardware and software service, helps people with disabilities live more independently. Parrots' founder is in talks with the VA to give Polly to veterans with neurological disorders. This article is part of "How 5G Is Changing Everything," a series about transformational 5G tech across industries. Hojah acknowledged that Parrots could have taken flight without 5G but said the timeline would have been much slower: "5G is expanding our growth rapidly." In 2019, Parrots won Verizon's Built on 5G Challenge, and Hojah got mentorship and technological assistance from the wireless-telecommunications giant.
☆ Wall Street ends higher as hopes for less aggressive Fed grow
  + stars: | 2022-10-21 | by ( Chuck Mikolajczak | ) www.reuters.com   time to read: +4 min
Analysts widely expect the Fed to hike rates by 75 basis points for a fourth straight meeting in November. For the week, the S&P 500 climbed 4.74%, the Dow gained 4.89% and the Nasdaq rose 5.22%. Schlumberger (SLB.N) shot up 10.33% to help to lift the S&P 500 energy sector (.SPNY) 2.76% after reporting a quarterly profit above expectations. Advancing issues outnumbered declining ones on the NYSE by a 2.59-to-1 ratio; on Nasdaq, a 2.03-to-1 ratio favored advancers. The S&P 500 posted 9 new 52-week highs and 32 new lows; the Nasdaq Composite recorded 60 new highs and 322 new lows.
☆ Cramer’s week ahead: Take any chance to sell stocks during a busy week of earnings
  + stars: | 2022-10-14 | by ( Krystal Hur | ) www.cnbc.com   time to read: +4 min
CNBC's Jim Cramer on Friday advised investors to take any chance to sell stocks next week as the busy earnings season continues. Monday: Bank of AmericaQ3 2022 earnings release at 6:45 a.m. Tuesday: Goldman Sachs, Johnson & Johnson, NetflixGoldman SachsQ3 2022 earnings release at 7:30 a.m. Johnson & JohnsonQ3 2022 earnings release between 6:25 and 6:40 a.m. Friday: VerizonQ3 2022 earnings release at 7:30 a.m.
☆ Americans are spending less this holiday season. Here's how businesses can prepare for budget-conscious shoppers.
  + stars: | 2022-09-22 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com   time to read: +6 min
Those holding a glut of inventory will likely offer heavy discounts this holiday season. Early data indicates that Americans will be holding onto their wallets a little tighter this holiday season. "The savviest of small businesses prepared in advance for supply challenges this holiday season," Nicole Leinbach Reyhle, the CEO and founder of the retail publication Retail Minded, said. Inventory levels are a top concern for small businesses this holiday season. Yvonne doubles down on Nkeoma's top-selling robes and pajamas during the holiday season to ensure they don't sell out, but she doesn't stock as many new styles.
☆ T-Mobile vs. AT&T: You'll get better coverage with AT&T, but T-Mobile offers cheaper 'premium' data and more perks
  + stars: | 2022-08-16 | by ( Antonio Villas-Boas | Les Shu | Senior Tech Reporter | ) www.businessinsider.com   time to read: +2 min
T-Mobile also delivers faster data speeds than AT&T. You could justify paying more for AT&T for better coverage in rural areas. However, coverage is more important than data speeds, let alone monthly cost savings. And likewise, for AT&T, you might think that spending more may guarantee better coverage, but that's not always the case, as some areas are better served by T-Mobile. Be sure to also read about how's T-Mobile's plans compare to Verizon's.
Persons: —, that's Organizations: Mobile, Service, GSM
☆ Scamming the boss: Some employees are outsourcing their jobs to other people. Here's how companies are spotting the fraudsters.
  + stars: | 2022-08-03 | by ( Rebecca Knight | ) www.businessinsider.com   time to read: +10 min
As remote work provides opportunities for fraud, some employees are outsourcing their jobs. Experts say this fraud can pose severe risks for companies, especially when the work involves confidential company and customer data. The problem for companies is when employees outsource their jobs without their organization's awareness, and pay out of their own pockets. Employers are generally powerless to do anything about these second jobs as long as they don't affect their employees' work and don't involve work for a competitor. "Every employer I talk to considers 'remote' as a location — not a work arrangement," he said, meaning remote workers must abide by the company's rules.
☆ T-Mobile vs. Verizon: You'll get better value from T-Mobile, but Verizon's network generally has better coverage
  + stars: | 2022-06-28 | by ( Antonio Villas-Boas | Senior Tech Reporter | Read More | ) www.businessinsider.com   time to read: +18 min
T-Mobile vs. Verizon: Is network speed or network coverage more important? T-Mobile Essentials vs. Verizon 5G Start plansPlan details T-Mobile Essentials Verizon 5G Start Price per month with automatic payments discounts included. T-Mobile Magenta vs. Verizon 5G Play More and 5G Do More plansPlan details T-Mobile Magenta Verizon 5G Play More Verizon 5G Do More Price per month with automatic payments discounts included. T-Mobile Magenta Max vs. Verizon 5G Get More plansPlan details T-Mobile Magenta Max Verizon 5G Get More Price per month with automatic payments discounts included. It provides fast data speeds, but its limited capacity results in slower data speeds, especially in congested areas like major cities.
Persons: —, Alex Potemkin, Dong Wenjie, it's, Price, It's, You've, Antonio Villas, Ookla's, you've Organizations: Mobile, Verizon, Service, Hulu, Disney Plus, ESPN, Fastest Mobile Networks, Getty, Verizon's 5G Nationwide, LTE, Nationwide Mobile, Paramount, Disney, Apple Music, Apple, People, Mobile Magenta Verizon, Nationwide, 5G Nationwide Mobile, International, U.S, AAA, Netflix, Apple Arcade, Google, ESPN Plus, Mobile Magenta Max, Mobile Magenta Max Verizon, Boas, Samsung Locations: Mexico, Canada, U.S
☆ Americans agree — companies should invest in workers, including paying employees a livable wage
  + stars: | 2022-05-26 | by ( Martin Whittaker | ) www.businessinsider.com   time to read: +6 min
But there's a difference between increasing pay and giving workers a living wage. Recent polling shows that 85% of Americans want companies to invest in their workers. And while many companies have been doing so by increasing starting pay and adding new benefits, now it's time to tackle paying a living wage. Paying a living wage is a key part of the equation. This is just one example of workers' financial security needs helping to drive corporate action (PayPal is probably the most well known).
☆ Prosperity: Companies foster sustainable communities when they take a long-term view and measure progress
  + stars: | 2022-03-03 | by ( Julia Hood | Megan Dematteo | ) www.businessinsider.com   time to read: +5 min
Prosperity goals seek to help communities thrive, which is crucial to ensure a sustainable future. This article is part of the "Financing a Sustainable Future" series exploring how companies take steps toward funding and setting their own sustainable goals. Prosperity goals are designed to foster the health and growth of communities across multiple tracks — including adequate employment, economic opportunity, and access to education and training. So if companies are doing all this simply by existing, why focus on prosperity as one of the pillars of a sustainable future? "By measuring and reporting on aspects of prosperity more holistically, companies and their stakeholders can become better informed."
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