Bloomberg Intelligence AT&T Shares Tumble After Profit Forecast Disappoints Market
Jul 23, 2025
The discussion kicks off with AT&T's disappointing profit forecast, causing its stock to tumble and investor confidence to waver. Insight into AT&T's subscriber growth reveals promising numbers despite market challenges. Meanwhile, Hasbro celebrates record revenues from its Magic: The Gathering card game, raising its outlook. The podcast also addresses Hilton's declining hotel bookings as travel demand struggles. Finally, a worrying Microsoft hack shows a steep rise in compromised organizations, raising concerns about cybersecurity within the tech landscape.
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AT&T's Steady Telecom Performance
- AT&T delivered a steady but unremarkable quarter, which is good in the competitive telecom space.
- Their disciplined execution and subscriber growth efforts continue to set a solid foundation.
AT&T's Rising Churn and Competition
- AT&T's churn rate rose slightly to 0.87% from 0.7% a year ago, hinting at potential higher subscriber acquisition costs.
- Increased competitive pressures from cable operators with low-priced plans may squeeze margins.
AT&T Investing Tax Savings in 5G
- AT&T is reinvesting tax and spending bill savings back into upgrading its 5G network.
- They lag Verizon and T-Mobile in mid-band spectrum deployment, which impacts network speed and coverage.