TE Connectivity reported better-than-expected quarterly earnings and gave solid guidance for the coming quarter.
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The telecom company posted adjusted EPS of $0.65 in the second quarter, topping analyst estimates of $0.59, as postpaid phone and internet additions both exceeded expectations
Find insight on Apple, Reach PLC, and more in the latest Market Talks covering technology, media and telecom.
Investing.com -- Shares in AT&T rose 2.5% in premarket trading Wednesday after the telecom giant reported second-quarter earnings that topped Wall Street estimates, driven by accelerating subscriber growth.
Earnings outperform as customer additions gather paceAT&T (NYSE:T) shares climbed 2. 5% in premarket trading on Wednesday after the telecommunications company reported second-quarter results that exceeded earnings expectations, supported by continued momentum in broadband and wireless customer growth.
AUM hit record $15.3 trillion as net inflows more than doubled year over year.
Shares in Super Micro Computer jumped more than 15% in premarket trading after the AI server company projected fourth-quarter gross margins of 15% to 17%—nearly double its prior 8.2% to 8.4% target. The surprise margin expansion puts Super Micro’s fourth-quarter earnings per share on track to top current Wall Street estimates by at least 80%, JPMorgan analysts said.
Two companies report earnings on the same morning, but retirement investors only have room for one. Before the opening bell on July 23, the gap between these two stocks tells a story worth understanding.
Tesla's second-quarter earnings report will provide insights into the state of the core business — but it's the company's future that investors will be focused on more than ever.
Investing.com -- GE Vernova Inc. (NYSE:GEV) reported second-quarter results that missed earnings expectations despite beating revenue estimates, with shares falling 2.7% premarket following the announcement.
The automaker also cited cost pressures tied to inflation and the manufacturing expenses related to onshoring more production to the U.S. for the decline in Q2 profit.
Host Kenny Polcari, Hennion & Walsh CIO Kevin Mahn, and Neostellar Capital Corp Principal Willy Lee break down Apple's intellectual property lawsuit against OpenAI, how it exposes Apple's AI vulnerabilities, and why the legal battle could push the highly anticipated IPO to 2027.
Super Micro Computer's gross margins are surging, Kraft Heinz turns to Mickey Mouse for help, and more news to start your day.
GE Vernova raised its full-year revenue guidance and lifted its margin expectations after a second-quarter surge in orders boosted its backlog.
Investing.com -- Alphabet reports its second-quarter 2026 results after the bell on Wednesday, and for this cycle, Wall Street has made clear that the numbers themselves are almost beside the point.
The banks did well in Q1 of 2026, but JPMorgan Chase's CEO warns the next credit cycle might not be so kind.
SK hynix (SKHY) is considering acquiring Intel's (INTC) semiconductor campus in New Albany, Ohio, as
Coinbase has settled a Freedom of Information Act lawsuit against the U.S. Securities and Exchange Commission over records it sought from the agency, the cryptocurrency exchange's chief legal officer, Paul Grewal, said in a Wall Street Journal op-ed on Wednesday. Grewal said the agency, which polices corporate record-keeping, had lost text messages between former Chair Gary Gensler and other officials after a process the SEC said "automatically wiped" certain data.
AT’s second-quarter earnings from continuing operations came in at 66 cents a share, compared with 62 cents a share a year earlier.
AT&T’s second-quarter earnings from continuing operations came in at 66 cents a share, compared with 62 cents a share a year earlier.
(Bloomberg) -- AT&T Inc. added more monthly wireless phone subscribers than analysts expected in the second quarter, a bright spot for the carrier in a period that had investors spooked by potential competitive threats.Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Restric
AT&T added more wireless subscribers than expected in the second quarter, as its revamped low-cost, unlimited plans along with bundled mobile and broadband offerings attracted value-conscious customers. The gains build on AT&T's broader convergence strategy of selling multiple connectivity services to the same household to reduce churn and increase customer lifetime value as U.S. telecom providers chase the same finite pool of users. AT&T in March launched OneConnect, a single subscription that bundles unlimited wireless service with home internet under one monthly bill.
The Congressional Budget Office in January 2001 predicted such large future budget surpluses that it said all redeemable U.S. government debt could be paid off within five years. Treasury reversed course five years later as deficits instead widened, yet those bonds remain an afterthought. The long bond isn’t as closely followed as the 10-year note, the benchmark shown daily in this newsletter and important for things like mortgage rates.
LONDON, July 22 - What matters in U. and global markets today , Editor-At-Large, Finance and Markets Oil prices, bond yields and chip stocks were rising in sync again overnight, as this renewed round of fighting between the U.
Major banks just gave investors a fresh read on the American consumer, and the news is a good sign for the economy.
SpaceX must bridge the gap between its visionary long-term plans and the reality of its current operations.
Take-Two Interactive is scheduled to report its fiscal first-quarter results later next month, and analysts are expecting earnings to decline by double digits year over year.
Intel's results on Thursday will show whether the American chip icon has the numbers to back a Wall Street rally that has sent its shares nearly three times higher this year, as its turnaround push wins over investors and the AI buildout powers demand. Investors are also eager for details on potential new customers for its contract manufacturing business, which has shown growing traction with deals including a Tesla tie-up. • Among the biggest questions for Intel is a potential deal to manufacture processors for Apple that U.S. President Donald Trump announced in April but neither company has confirmed.
By Daniel Wiessner July 22 (Reuters) - A novel lawsuit claiming that Meta Platforms relied on discriminatory AI tools to select employees for layoffs highlights the problems workers face in suing