Canada is experiencing abnormally dry conditions, prompting the country to import electricity from the United States. This unusual reversal of energy flow is due to low water levels in Canadian reservoirs, resulting in a shortage of hydroelectric power. As a result, Canada is relying on its neighbor to the south to meet its energy needs.
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Better Telecom Stock: AT&T vs. Verizon
Recent stock market volatility has highlighted the telecom sector's stability, with AT&T and Verizon emerging as strong investment options. AT&T is at a pivotal point, focusing on expanding its 5G and fiber-optic networks following a divestment of entertainment assets, projecting $16 billion in free cash flow (FCF) for 2024, while Verizon is also growing its mobile and fiber businesses, pursuing an acquisition to boost broadband connections. Both companies show promise, but AT&T has outperformed in...
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