AT&T Fights Back
AT&T shares surged as the company defended itself in court against concerns regarding lead cables. The wireless carrier clarified that these cables make up a small fraction of its netw...
Call for antitrust investigation
Four Democratic lawmakers, including Sen. Elizabeth Warren (D-MA), have called for an inquiry into the alleged anticompetitive actions of the Warner Bros. Discovery (NASDAQ: WBD) deal. The merger between AT&T's W...
The value of media groups
The combined market value of the largest media and entertainment conglomerates has fallen by more than $0.5 trillion this year as a result of falling share prices. This was reported by the Financial Times (FT).
Media, whic...
Closing a month after launch
US broadcaster CNN has announced that 30 April will be the last day of operation of its own streaming service CNN+. This was reported by The Wall Street Journal.
The decision to close the streaming platform comes less t...
Reporting week
This week looks to be a busy one for investors after a long weekend. This week will have plenty of big earnings and key housing market data.
Monday
On Monday, expect reports from: Bank of America, Charles Schwab, The Bank Of New Yor...
Report timetable
The S&P 500, Nasdaq Composite and Dow Jones indices ended Friday's trading down -0.79%, -1.66% and -0.53%. The Consumer Discretionary Sector, Financials Sector and Information Technology Sector were the worst performers.
The st...
US stock futures
Stocks have fluctuated this week amid heightened focus on the Fed meeting and whether the US central bank will clarify how quickly it plans to tighten credit and potentially slow the economy. Some on Wall Street fear that the Fed co...
5G near airports
Members of the US House of Representatives' Transportation and Infrastructure Committee on Monday urged telecoms operators to delay deploying 5G networks near airports until the US&n...
AT&T recovery
Although AT&T's (NYSE:T) merger with TimeWarner in 2018 has been blamed for holding the telecoms giant back for years, the market has not exactly rewarded Mother Bell's decision to divest his WarnerMedia unit and merge it with ...
Sale of advertising division
AT&T (T) will sell its advertising division to Xandr Microsoft (MSFT) for an undisclosed sum. The deal should benefit both companies and is indicative of AT&T's ongoing restructuring...
The company's shares at risk
AT&T (T) shares have fallen 13% since the start of 2021 and 20.5% in the past six months. Market analysts say AT&T shares could fall even lower because of the dividend cut that will follow the separation of media...
Schedule for the week
Shares of Tesla, Intel, Netflix, IBM and Johnson & Johnson could change this week, influenced by the release of Q3 earnings and revenue reports.
It will be a busy week in the US stock market a...
Films for Netflix
Netflix shares rose on news of a multi-year contract with Steven Spielberg's film company Amblin Partners, which will make several feature films a year for the Netflix service.
Netflix ...
iPhone for a subscription
AT&T, Verizon and T-Mobile are seeking to reach a larger audience of loyal customers with expensive subscriptions that include 5G. Competing companies have returned to providing smartphones for free or at a discount in ...
Buying $1 million worth of stock
AT&T shares fell about 7% after the company confirmed last week that its WarnerMedia unit would be merged with Discovery in a $43bn deal.
Meanwhile, CEO John Stankey ...
Dividend cut
AT&T shares fell 5.8% on Tuesday, following a 3% fall on Monday, as investors react to the company's announcement of a 40%-43% cut in its dividend payout ratio.
AT&T shares rose initially on Monday before falling in the second ...
Sharp drop in shares
Netflix reported on Tuesday adding 3.98 million new paid subscribers worldwide for the first quarter. Netflix points to the pause in movie production due to the pandemic and denies the impact of growing competition.
Shares ...
Sale of AT&T's large stake
AT&T may announce the sale of a minority stake in its DirecTV, AT&T TV Now and U-Verse companies for $15bn to private equity firm TPG as early as this week, media reports said.
AT&T (T) is in advanced talk...
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