AT&T Inc

The market’s big winners and losers in climate, health and tax bill

US Senate Majority Leader Chuck Schumer (D-NY) walks outside the US Capitol in Washington, US August 2, 2022. Jonathan Ernst | Reuters Want to know what the Inflation Reduction Act means for the market’s biggest companies, as well as for your wallet? When it comes to politics, you always have to follow the money – …

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Comcast and Charter may need new focus as broadband growth stalls

Brian Roberts, CEO of Comcast (L), and Tom Rutledge, chief executive officer of Charter Communications Drew Angerer | Getty Images Comcast and Charter, the two largest US cable companies, have a broadband growth problem. As tens of millions of Americans canceled their cable TV subscriptions in the past decade, the cable industry focused on the …

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Verizon stock falls after earnings as company cuts forecast

Verizon Communications Inc. became the second major US wireless carrier to disappoint with its earnings this week, as the company cut its full-year financial forecast Friday. Shares were down nearly 5% in premarket trading. The company posted second-quarter net income of $5.32 billion, or $1.24 a share, compared with $5.94 billion, or $1.40 a share, …

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AT&T earnings were ‘actually good’ despite stock selloff, says analyst

AT&T Inc.’s shares fell sharply Thursday after the telecommunications giant cut its free-cash-flow forecast for the year, but one analyst said the latest report wasn’t all bad. In fact, LightShed Partners analyst Walt Piecyk titled his research note: β€œAT&T’s Q2 Was Actually Good. Here’s Why.” Admittedly, AT&T’s T, -7.62% management team didn’t win points from …

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Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears

Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Investors are likely to switch their focus to earnings season, after the market’s wild ride on rising and falling expectations for Federal Reserve rate hikes. Stocks were volatile in the past week. The three major indexes posted sharp gains Friday, after worries the …

Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears Read More »

Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears

Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Investors are likely to switch their focus to earnings season, after the market’s wild ride on rising and falling expectations for Federal Reserve rate hikes. Stocks were volatile in the past week. The three major indexes posted sharp gains Friday, after worries the …

Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears Read More »