AT&T Inc
CNN chief Chris Licht has big ideas, but employees are nervous, and more job cuts are coming
Chris Licht, Chairman and CEO of CNN Worldwide. Courtesy: CNN CNN CEO Chris Licht started conducting a business review of the news network when he agreed to take the job in April. That evaluation wrapped up last week, according to people familiar with the matter, and CNN employees are about to find out Licht’s conclusions. […]
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Cramer’s lightning round includes a fintech ‘on the road to redemption’
PayPal (PYPL): “PayPal did very well today. They are already on the road to redemption.” MicroVision (MVIS): “It’s a $3 stock. It’s a dice roll. It could go down $3. Stocks stop at zero. It is losing a lot of money. So therefore, it’s not my cup of tea.” Verizon (VZ): “Verizon’s got that big […]
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Walmart, Disney among the top rated 12 employers that laid off hundreds during the pandemic, Home inquiry finds
The nation’s premier businesses collectively laid off far more than 100,000 workers in the course of the pandemic, in accordance to a report introduced Tuesday by a Property subcommittee. Hourly employees ended up hit specially challenging. Not only had been they more likely to get fired in 2019, 2020 and 2021 than salaried workers, but […]
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Jim Cramer says these 13 companies’ earnings helped drive markets higher
CNBC’s Jim Cramer on Monday offered investors a list of companies whose solid quarters he believes have helped the market rally recently. Here is his list: Bank of America Johnson & Johnson Goldman Sachs Lockheed Martin Netflix Procter & Gamble IBM Tesla AT&T Tractor Supply CSX SLB American Express “Earnings are sharply better than expected, […]
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Stocks making the biggest moves midday: Avis, Pinduoduo, Starbucks, Alibaba and more
People wait in line at Avis rental agency in the Miami International Airport Car Rental Center. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Tesla — Shares of the electric vehicle company fell 3.2% after Tesla cut the starting prices for some of its vehicles in China. The price […]
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Raymond James upgrades AT&T to strong buy, says telecom giant can surge 40%
AT & T ‘s prospects keep getting better, according to Raymond James. Analyst Frank G. Louthan upgraded shares of AT & T to strong buy from outperform, saying the telecommunications company’s return to its core business has improved the stock. “We believe this stronger rating is appropriate given AT & T’s simpler story is starting […]
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The major space players and diverging strategies in the race to connect your smartphone via satellites
The race to provide high-speed internet from satellites is well underway – but another, more ambitious competition, to connect directly from space to devices like smartphones, began in earnest earlier this year. The potential untapped market — which hinges on, but extends beyond, sending a text via space — is spurring a tale of two […]
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This week’s best stock market performers include earnings winners such as Netflix
Stocks are capping off a strong week Friday, despite some choppy trading, as rising yields failed to dampen market enthusiasm over stronger-than-expected corporate earnings results. The S & P 500 is 3.6% higher week-to-date, on pace for its best week since the one ending Sept. 9, with every sector in the broader market index in […]
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Shares earning the major moves midday: Snap, American Specific, Verizon, Twitter and extra
S3 Studio | Getty Photos Check out the businesses generating headlines in midday trading. Snap — Shares of the Snapchat guardian business cratered 30% after missing revenue estimates and sharing its slowest profits progress because heading public as promotion shelling out slows. The success from Snap strike other advert-reliant stocks, sending shares of Pinterest and […]
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Truist upgrades AT&T for the first time in more than 15 years, cites improving operating trends after earnings results
Investors should buy AT & T after its strong third-quarter results, according to Truist. Analyst Greg Miller upgraded AT & T to buy from hold — saying the bank and its predecessors had kept the hold rating for more than 15 years — because of an “increasingly visible outlook” after the carrier beat profit and […]
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