Seeking Alpha Author Hector Andres Pacheco joins Cheddar to discuss how the new tax bill will impact special dividends given out by giant companies. In particular, he's looking at Apple and Microsoft to bring back billions of dollars from overseas.
The new tax bill will allow American companies to bring back money from overseas at a reduced tax price. Pacheco explains why Apple is a prime contender for a special dividend. It's on track to spend $300 billion returning capital to shareholders by 2019. If Apple repatriates all of its overseas cash its tax bill will only be $39 billion...only!
Plus, Microsoft is no stranger to shareholder-friendly action. In 2004 the company brought back about $30 billion in cash from abroad and issued a $3-a-share special dividend. Pacheco believes it plans to do the same thing in 2018.
Pacheco also talks about how a higher minimum wage for lower-income Americans plays a more stimulative role for the economy than giving higher wages to those with a large net worth.
ROC CEO B. Scott Swann joins us live from the NYSE to discuss the company's IPO and how VisionAI is transforming facial recognition for defense and security.
Matternet founder and CEO Andreas Raptopoulos on the state of drone delivery in the U.S. and what it will take to make aerial delivery a mainstream reality.
Samsung launches its “AI in Action Lab” in NYC, giving public high school students hands-on AI experience and tools to prepare for real world innovations.
Bhavin Shah of ServiceNow discusses how the new Autonomous Workforce AI automates tasks, integrates with Teams and Slack, and boosts workplace efficiency.
Tech stocks are rallying on strong earnings and massive AI investment. Investors are watching Nvidia & hyperscaler spending for clues on how long it will last.
GetBuddy founder Ryan Howard shares how his “Tinder for pet adoption” platform is matching 250,000 pets with families and modernizing rescue nationwide.
