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Yahoo BusinessSep 24, 2020
The Coming 5G Boom Is Not Fully Priced in These 2 Stocks
5G, first introduced two years ago, is expanding past its initial phases and has reached the edge of a great boom. There are 105 5G networks worldwide, and device manufacturers have released over 160 5G smartphones, tablets, and other products onto the commercial market - and there are over 230 million 5G subscribers worldwide. The new tech is here, and it's ready to expand.That expansion will bring a series of benefits to wireless users. The higher speeds on the networks have gotten the most attention, but 5G will also over 10 times higher data transfer rates, one-tenth the network latency, and far higher connection density capabilities. That last may turn out to be the key to 5G's long-term success, as related technologies like IoT, autonomous cars, and smart homes multiply the connected devices in our lives.The expansion and benefits of 5G have attracted attention from some of Wall Street's high-rated analysts; specifically, it has directed the analysts' attention to the companies that will build and maintain 5G as it expands. These are stocks that are sure to benefit from the network tech, and 5-star analysts say that now - before 5G becomes ubiquitous - is the time to buy in.And with that in mind, we used TipRanks database to pinpoint two top 5G picks from top analysts. These are stocks with Buy ratings and recent share appreciation. Let's find out what else makes them leaders in the 5G stock boom.Ceva, Inc. (CEVA)The first company on our list, Ceva, is part of the semiconductor industry. The company is a developer of dig

KiplingerSep 24, 2020
Stock Market Today 9/24/20: Tech Props up a Tepid Market
A roller coaster market rebounded Thursday from yesterday's selloff as rising tech stocks more than offset another day of concerning economic news.

Today's disappointing data came in the form of jobless claims. First-time applications for unemployment benefits ticked higher this week, which was taken as another indication that the economic recovery is slowing down.

SEE MORE 13 Best Warren Buffett Growth Stocks Investors responded by piling into big stocks with outsized profit prospects such as Apple (AAPL), Microsoft (MSFT) and Google-parent Alphabet (GOOGL). Indeed, Apple and Microsoft, with gains of 1% and 1.3%, respectively, were among the Dow's top gainers. Google, for its part, chipped in with a 1% rise in shares. 

The tech sector may be doing comparatively well this year, but broader market sentiment continues to be a challenge, market strategists say.

"The explosive growth numbers seen earlier this summer - in housing, industrial production, retail sales and elsewhere - have moderated to more-normal levels," says Argus Research. "Stock market optimism has faded, though within the context of a typically down market month. Investors approach what has historically been the best quarter for stocks echoing the uncertainty they felt during the first quarter."

The blue-chip Dow Jones Industrial Average finished the session up 0.2% at 26,815.

Other action in the market today:

The Nasdaq Composite inched up 0.4% to 1


AdWeek NewsSep 24, 2020
Scripps Buys ION Media for $2.65 Billion, Dramatically Expanding TV Footprint
Key Insight: After exiting the newspaper business in 2015 and leaving radio in 2018, Scripps has refocused on TV. The E.W. Scripps Company is pushing further into the national TV networks business, announcing the purchase of ION Media for $2.65 billion today. The purchase is backed by Warren Buffett's Berkshire Hathaway, which will make a...

Google Business NewsSep 24, 2020
Amazon Luna: Move over, Google Stadia. There's a new cloud gaming service in town - CNET
Amazon Luna: Move over, Google Stadia. There's a new cloud gaming service in town  CNETAmazon announces new cloud gaming service called Luna  The VergeAmazon Luna Controller connects to games in the cloud  Gadget FlowAmazon's Luna cloud gaming platform coming to iPhone, iPad, Mac  AppleInsiderAmazon Luna | New Cloud

MarketWatch MarketPulseSep 24, 2020
: Vail Resorts stock falls on wider-than-expected loss
Vail Resorts Inc. MTN shares declined in the extended session Thursday after the ski resort operator reported a wider-than-expected loss. Vail shares fell as much as 6% after hours, following a 1.9% decline in the regular session to close at $224.23. The company reported a fiscal fourth-quarter loss of $153.6 million, or $3.82 a share, compared with $89.5 million, or $2.22 a share, in the year-ago period. Revenue fell to $77.2 million from $244 million in the year-ago quarter. Analysts surveyed by FactSet had forecast a loss of $3.47 a share on revenue of $138.3 million. "Given the uncertainty across the economy and the challenge COVID-19 has created for travel demand and specifically our assessment of the ultimate visitation to our resorts with evolving demand and capacity dynamics, the company will not be providing full year guidance for fiscal 2021 at this time," said Rob Katz, Vail chief executive, in a statement.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatchSep 23, 2020
Key Words: AOC calls out Wells Fargo CEO for ‘limited pool of Black talent' comments
CEO Charles Scharf has apologized for ‘my own unconscious bias'
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