Wireless, Cable & Satellite Earnings: AT&T & Verizon Shine
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
AT&T and Verizon lead the pack in Q4 earnings, with AT&Ts revenue surging 3.6% and Verizons up 2%. Both stocks soared, with AT&Ts jumping 23.3% and Verizons 24%. However, Optimum Communications, Comcast, and Cable One missed estimates, with their stocks plummeting 18.2%, 1.2%, and 1.4% respectively. Despite sector pressures, bundled services and capex bills could stabilize the sector.
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