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
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
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.
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.
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.
SpaceX must bridge the gap between its visionary long-term plans and the reality of its current operations.
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.
(Bloomberg) -- Investors who spent weeks watching US stocks go nowhere are pinning their hopes for a breakout on a key pillar of the four-year bull run: corporate earnings. 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 Restrictions LiftTreasury Flags Concern Over ‘Potenti
Short interest in the stock keeps climbing, but Musk says those betting against SpaceX have a ‘very low’ chance of surviving.
Nvidia is trailing the Nasdaq-100 this year, but that may not last.
Shares of Airbus jumped in Paris after the European plane maker issued an bullish business update, saying it was targeting an operating profit of at least 12 billion euros ($13.7 billion) in 2029. That would represent a gain of 70% over last year’s results.
FTSE 100 up 163 points at 10,749 Index hits highest since 3 March Inflation eases to 2.6% from 2.8%, but core CPI unmoved Brent crude oil hits 6-week high Wetherspoon's, Greencore, Mulberry, Liontrust post updates 3.12pm: Super Micro with super update An exception to the selling...
SK Hynix’s U.S. shares dipped in the overnight session, following its denial.
Sandisk went public in February 2025, and just over a year later, the flash memory storage maker’s board of directors approved a plan to buy back shares. The repurchase comes as the company’s shares reached record highs well above its IPO price. Here's what current and prospective Sandisk investors ...
U.S. futures declined amid rising oil prices as the conflict in the Middle East intensifies ahead of the peak earnings season.
Optimism grew ahead of July 23 earnings, supported by Nokia's AI networking initiatives.
Bloom Energy saw its share price climb by 14.82 percent on Tuesday to end at $226.26 apiece, as investors cheered an investment firm’s sharp price target upgrade and looked ahead to its upcoming earnings report. 29.6% Price Target Hike In a market note, JPMorgan raised its price target for Bloom Energy Corp. (NYSE:BE) by 29.6 […]
Gene Munster forecasts Tesla automotive gross margins slightly above the Street’s 19.5% estimate.
Charles Schwab Corp. reported earnings that topped estimates as retail investors continued to jump in and out of the market amid volatility sparked by geopolitical uncertainty. Schwab reported a record 11.9 million daily average revenue trades in the second quarter, a 57% increase from a year earlier. Trading revenue also rose, climbing 28% to $1.2 billion. President and CEO Rick Wurster joins Bloomberg Businessweek Daily to discuss, saying clients are trusting the platform not just for investing but also for "help with their financial lives." Wurster also discusses continued demand from retail and younger traders, AI use cases in investing, the impact of this summer's SpaceX IPO, prediction markets, crypto, and more. He speaks with Carol Massar and Tim Stenovec.
By Caroline Valetkevitch and Ankur Banerjee NEW YORK/SINGAPORE, July 21 (Reuters) - Major stock indexes rose on Tuesday with the Nasdaq and chipmaker shares surging, while oil prices climbed to a five
Applied Optoelectronics rallied for a third consecutive day on Tuesday, jumping 15.76 percent to finish at $119.26 apiece, as investors began positioning their portfolios ahead of the results of its earnings performance in the second quarter of the year. 92% Revenue Growth Target for Q2 Applied Optoelectronics Inc. (NASDAQ:AAOI) is highly optimistic about its outlook […]
Super Micro Computer surged late on preliminary fiscal Q4 results, a good sign for AI demand. Dell and Hewlett-Packard Enterprise also rose.
Netflix just posted a beat on earnings and its biggest buyback quarter ever, yet the stock cratered anyway. Jim Cramer thinks that disconnect has created a rare opening, but his buy strategy comes with a pointed warning about what comes next.
Chubb (CB) delivered earnings and revenue surprises of +9.50% and -0.80%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Jim Cramer is steering investors away from NASDAQ and toward industrial blue chips, but one of his top picks fell nearly eight dollars even after landing what he called a ridiculous, record-breaking order. Here is why he still thinks the setup is worth it.
The bank posted adjusted EPS of $5.81 in the second quarter, topping analyst estimates, as its provision for credit losses dropped $1.1 billion
The decision reflects assumptions the country’s default risk declined, given that macroeconomic stabilization advanced beyond the initial adjustment phase, the ratings company said.
Capital One (COF) delivered earnings and revenue surprises of +19.79% and +0.96%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Based on the tables and data, we can expect a lot of volatility
Super Micro Computer said on Tuesday it expects to post fourth-quarter gross margins above its previous forecast, driving its shares up 16% in after-hours trading. AI infrastructure firms have seen accelerated demand as tech companies and cloud providers ramp up investments in data centers to support large language models and other AI applications. Super Micro anticipates gross margins in the range of 15% to 17% for the quarter, well above its earlier its forecast of 8.2% to 8.4%, "primarily due to a favorable customer and product mix."