Previous close | 17.15 |
Open | 17.16 |
Bid | 17.50 x N/A |
Ask | 17.53 x N/A |
Day's range | 17.15 - 17.15 |
52-week range | 12.78 - 17.16 |
Volume | |
Avg. volume | 54 |
Market cap | 125.125B |
Beta (5Y monthly) | 0.74 |
PE ratio (TTM) | 9.91 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.04 (6.07%) |
Ex-dividend date | 09 Apr 2024 |
1y target est | N/A |
WASHINGTON (Reuters) -AT&T CEO John Stankey said on Monday that Congress should give the Federal Communications Commission the power to require Big Tech firms to contribute to a government fund that subsidizes access to telecom and broadband services. Under current law, fees are levied on cell phone and landline service subscribers to support the Universal Service Fund, which spends about $8 billion a year - nearly all collected from surcharges on telephone bills. "The seven largest and most profitable companies in the world built their franchises on the internet and the infrastructure we provide," Stankey said in remarks at a telecom industry forum in Utah.
The Biden administration announced a series of new affordable housing initiatives. The plan includes a $100 million fund and expanded Federal Financing Bank support in an attempt to combat the toll high mortgage rates are taking on the housing market. US Secretary of the Treasury Janet Yellen will sit down with Yahoo Finance's Jennifer Schonberger for an exclusive interview at 4:45 pm ET to discuss the administration's efforts.On Wall Street, the major indexes (^DJI, ^IXIC, ^GSPC) are mixed, with Nvidia (NVDA) trading over 6% lower. Yahoo Finance's trending tickers include Alnylam Pharmaceuticals (ALNY), Affirm Holdings (AFRM), and AT&T (T). Watch Yahoo Finance's full, exclusive interview with US Secretary of the Treasury Janet Yellen. Top guests today include:3:05 p.m. ET - Art Hogan, B. Riley Wealth Chief Market Strategist3:45 p.m. ET - Rishi Jaluria, RBC Capital Markets Software Equity Analyst4:20 p.m. ET - Rene Haas, Arm CEO5:00 p.m. ET - Joe Brusuelas, RSM Chief Economist, and Keith Lerner, Truist Co-Chief Investment Officer and Chief Market Strategist
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