AT&T Stock Falls Despite Earnings Beat and Raised Profit Outlook
Strong fiber and wireless results plus a higher profit forecast weren’t enough to prevent an AT&T share decline after earnings.
Strong fiber and wireless results plus a higher profit forecast weren’t enough to prevent an AT&T share decline after earnings.
Elon Musk says SpaceX is in an “inflection moment” across launch, connectivity and superintelligence after AI revenue soared more than ninefold. Musk is considering a historic merger with Tesla, with both companies forming committees to explore the deal.
Netflix reported $12.9B Q3 revenue and a 34.6% margin, but a weaker Q4 profit outlook and lower ad guidance sent shares lower.
GE Aerospace beat Q3 estimates and raised its 2026 outlook, yet shares traded lower as investors question the sustainability of high-margin services growth.
3M topped Q3 estimates and lifted full-year EPS guidance to $9.10–$9.15, but shares rose only modestly amid softer China growth and an accounting change.
General Motors beat expectations with a 22% rise in Q3 profit, powered by trucks and SUVs, and announced a new $20 billion share repurchase. Shares fell on cautious guidance.