This company is a leading provider of telecommunications services, offering a diverse range of products and solutions for consumers, businesses, and government entities. It specializes in high-speed internet, mobile services, television, and voice services, striving to enhance connectivity and communication for its customers. Additionally, the company invests in infrastructure development to ensure reliable service delivery and expand access to its offerings, while also focusing on innovative technologies to meet the evolving needs of the digital landscape. Read More
Sen. Elizabeth Warren requests answers from Apple Inc. CEO Tim Cook over alleged influence-peddling between Apple and Trump administration in trade negotiations with China. Tech companies release mixed earnings results.
Stay informed about the most active S&P500 stocks in today's session as we take a closer look at what's happening on the US markets on Friday. Discover the stocks that are generating the highest trading volume and driving market activity.
Charter Communications Inc (CHTR) reported Q1 2025 results, with revenue at $13.74B (+0.4% YoY) and EPS at $8.42. It lost 60K Internet customers and gained 514K mobile lines.
Telecommunications conglomerate AT&T (NYSE:T) announced better-than-expected revenue in Q1 CY2025, with sales up 2% year on year to $30.63 billion. Its non-GAAP profit of $0.51 per share was in line with analysts’ consensus estimates. The stock traded up 2.2% to $27.55 following the earnings release and call.
During the company’s first-quarter earnings call, CEO John Stankey stated that if tariffs increase the cost of phones, AT&T will likely pass those higher costs on to customers, just as it has in the past when handset prices rose.
Risk-on sentiment dominated Wall Street on Wednesday, as upbeat earnings reports and conciliatory messages from the Trump administration helped lift investor confidence.
