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.
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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
(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
By Sarah Young FARNBOROUGH, England, July 22 (Reuters) - BAE Systems revealed a new unmanned fighter jet on Wednesday, boosting Britain's entry into one of the defence industry's hottest and most
US stock futures edged lower on Wednesday as investors prepared for a packed earnings calendar led by several of the technology sector’s biggest names, while rising oil prices and escalating tensions in the Middle East added another layer of uncertainty to global markets. Market participants are looking to results from Alphabet, Texas Instruments and Tesla for fresh indications about artificial intelligence spending, semiconductor demand and the outlook for some of the market’s most closely watc
Short interest in the stock keeps climbing, but Musk says those betting against SpaceX have a ‘very low’ chance of surviving.
Philip Morris International Inc‘s (NYSE:PM) investors may be eyeing potential gains from the tobacco company’s dividends ahead of its second-quarter earnings report on Wednesday, July 22. Analysts expect quarterly earnings of $2.05 per share, up from $1.91 per share in...
Because federal over-regulation has frightened off private investors a new pipeline will only get built if taxpayers finance it
July 22 (Reuters) - U.S. stock index futures dipped on Wednesday, pressured by weakness in chip stocks, as investors remained cautious ahead of the first batch of Big Tech earnings that could decide
Revenue climbed 1.9% year-on-year, while adjusted EBIT grew 29.8% to $3.94bn, pushing the adjusted EBIT margin up to 8.2% from 6.4%.
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.
Korean authorities are working to restore order following on-again-off-again appetite for artificial-intelligence trades, but analysts say it will be difficult to keep AI-driven volatility in check.
The company ranks low in car sales among the top-10 automakers, but its valuation is greater than the next 37 combined.
Multimillion-dollar lawsuits accusing companies of profiting from seized assets have overcome key legal hurdles, but reclaiming the physical properties remains elusive.
Robinhood is learning just how discerning ultra-luxe credit cardholders can be. The company known for its trading app is retooling its platinum card after customers complained about the perks when it was announced back in March. For a card that charges a $695 annual fee, many pointed out that some of the perks weren’t as generous as they seemed.
SpaceX is down 36% from its post-IPO high, but history says the stock has further to fall.
Reach (LON:RCH) said first-half revenue fell as lower referral traffic, particularly from Google, continued to weigh on digital audiences, but the publisher maintained that it remains on track to deliver full-year profit in line with market expectations. Chief Executive Piers North told investors t
Despite a net income loss, LG Display Co Ltd (LPL) focuses on OLED expansion and strategic cost-cutting to drive future profitability.
EU regulators will issue formal charges against Chinese e-commerce giant JD.com over its $2.5 billion bid for German electronics retailer Ceconomy, underlining their concerns of unfair subsidies, people familiar with the matter said. The charges, known as a statement of grounds under the Foreign Subsidies Regulation, are similar to a statement of objections or charge sheet under EU merger rules where regulators outline specific concerns, which must be addressed by companies or risk a veto on the deal. JD.com said the statement of grounds is a normal procedural step and that it continues to expect a positive conclusion of the process in the second half of 2026.
Stocks were on track to open lower on Wednesday after a jump in oil prices revived fears that a flare-up in inflation could drag down the market. Nasdaq 100 futures fell 0.8%. Stocks looked set to give up some of those gains on Wednesday amid a rally in oil prices, after the U.S. launching strikes against Iran for an 11th straight night.
The stock gained more than 7% after the group said it aimed to significantly boost its profitability in the coming years, betting demand will remain strong.