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 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.
AT&T Fiber Broadband Strength
- AT&T's fiber broadband business remains healthy with stable results despite missing fiber net additions estimates.
- They continue rolling out fiber coverage, laying a foundation for future growth, stronger than the mobility business.
Hasbro Faces Tariff Caused Retail Pause
- Hasbro's growth is driven by Magic: The Gathering and digital gaming.
- Retailers paused holiday inventory orders due to tariff-related uncertainty, causing a 16% revenue decline in consumer products this quarter.