Three Communication Stocks To Explore

• May 15, 2021 11:07 AM PDT
• Team Kalkine Media

The Walt Disney Company (NYSE: DIS) results for the second quarter ended April 3, 2021, was out on Friday. Its quarterly revenues were down 13% to US$15.6 billion, compared to US$18 billion in the quarter ended March 28, 2020. The company attribut...

• May 12, 2021 12:23 PM PDT
• Team Kalkine Media

Summary First quarter revenue and subscriber figures exceeded FuboTV’s estimate. Revenue grew 135 percent year over year to US$119.7 million. Subscribers in the first quarter doubled to 590,430. Full year 2021 revenue now anticipated to...

• May 10, 2021 12:57 PM PDT
• Team Kalkine Media

Summary Consumer spending has increased in recent weeks, raising hopes that recovery is moving in full steam ahead. Like other economy-sensitive sectors, the entertainment industry stands to benefit from an economic revival. Stocks of Chicken ...

• May 06, 2021 02:42 PM PDT
• Team Kalkine Media

Summary Roku’s (NASDAQ:ROKU) value jumped over 120% in the past 12 months as its video-streaming content sees growth. Roku to co-organize a major industry event in June called Tribeca X, where many top business leaders will discuss the fu...

• May 04, 2021 05:53 PM PDT
• Team Kalkine Media

Summary T-Mobile revenues up 78% to US$19.76 billion in Q1 of 2021, boosted by its merger with Sprint. The stocks jumped 2.7% to nearly US$132 per share in after-hours trade following the results. The phone company added 773,000 subscribers in...

• May 03, 2021 01:12 PM PDT
• Team Kalkine Media

Verizon Communications Inc. (NYSE: VZ) said May 3 it agreed to sell the company’s media business including Yahoo and AOL to private equity firm Apollo Global Management, Inc. (NYSE: APO) for US$5 billion. The New York-based telecommunication...

• April 22, 2021 05:59 PM PDT
• Team Kalkine Media

Summary CEO John Stankey said the addition of 595,000 postpaid phones was the best in the first quarter in more than ten years. WarnerMedia unit’s HBO Max and HBO added 2.7 million new more subscribers. AT&T’s consolidated reve...

• April 09, 2021 11:57 AM PDT
• Team Kalkine Media

Source:issaro prakalung, Shutterstock Summary FuboTV stocks jump 17 percent after securing streaming rights to World Cup qualifying matches. The deal gives the company streaming rights to 70 matches, including the World Cup qualifiers. The st...

• March 31, 2021 05:38 PM PDT
• Team Kalkine Media

Source:Andrey_Popov, Shutterstock US telecommunication stocks saw a mixed performance in 2020. While some companies have seen robust growth, others struggled to keep up. For instance, the stocks of AT&T Inc. (NYSE:T) and Verizon Communications I...

• February 24, 2021 12:34 AM PST
• Team Kalkine Media

Source: REDPIXEL.PL, Shutterstock In 2020, the media and entertainment industry witnessed a massive surge in demand amid COVID-19-induced lockdowns as restrictions forced everyone to stay indoors. The soaring demand served as a bonanza for streaming...