Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: High-Yielding Stocks in Communication Services - AT&T Inc (NYSE:T) has a dividend yield of 4.34%. The company reported operating revenues of $30.71 billion, a 1.6% increase year-over-year, but below the analyst consensus estimate of $30.87 billion [7] - Comcast Corp (NASDAQ:CMCSA) has a dividend yield of 4.49%. The company appointed Michael J. Cavanagh as co-CEO, effective January 2026 [7] - Shutterstock Inc (NASDAQ:SSTK) has a dividend yield of 5.21%. The company reported better-than-expected second-quarter earnings on July 29 [7]

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: Company Ratings and Analyst Insights - AT&T Inc (NYSE:T) has a dividend yield of 4.34%. Wells Fargo analyst Eric Luebchow maintained an Overweight rating but reduced the price target from $31 to $29. Goldman Sachs analyst Michael Ng initiated coverage with a Buy rating and a price target of $32 [7] - Comcast Corp (NASDAQ:CMCSA) has a dividend yield of 4.49%. Rosenblatt analyst Barton Crockett maintained a Neutral rating and cut the price target from $38 to $33. Morgan Stanley analyst Benjamin Swinburne maintained an Equal-Weight rating and reduced the price target from $38 to $35 [7] - Shutterstock Inc (NASDAQ:SSTK) has a dividend yield of 5.21%. Needham analyst Bernie McTernan maintained a Buy rating and cut the price target from $30 to $25. JMP Securities analyst Andrew Boone reiterated a Market Perform rating [7] Group 2: Recent Company News - AT&T reported operating revenues of $30.71 billion, a 1.6% increase year-over-year, but below the analyst consensus estimate of $30.87 billion [7] - Comcast appointed Michael J. Cavanagh as co-CEO, effective January 2026 [7] - Shutterstock reported better-than-expected second-quarter earnings on July 29 [7]

Core Insights - AT&T is launching a new campaign aimed at redefining customer expectations regarding network reliability and accountability, contrasting itself with competitors' misleading claims [1][3][4] Investment and Infrastructure - From 2020 to 2024, AT&T invested $145 billion in U.S. connectivity infrastructure, expanding coverage by over 300,000 square miles, surpassing T-Mobile's coverage [5] - The company emphasizes its commitment to building trust through substantial investments in fiber and 5G networks, aiming for reliable connectivity [6] Customer Commitment - AT&T is the first carrier to guarantee both wireless and fiber networks, showcasing a commitment to accountability and customer service [2][7] - The company has invested over $750 million in customer care over the last four years, enhancing service quality through AI-assisted tools [7] Performance Recognition - Recent accolades from Root Metrics highlight AT&T's leadership in speed and reliability, with the fewest dropped calls compared to competitors [5][7] Advertising Strategy - The new advertising campaign features actor Luke Wilson and focuses on the importance of trust earned through action, directly addressing competitors' misleading marketing [3][4]

Core Insights - AT&T Inc. shares declined over 2% despite reporting stronger-than-expected third-quarter subscriber additions and adjusted earnings, driven by bundled offers combining 5G mobile and fiber internet plans [1] Subscriber Growth - The company added 405,000 net postpaid wireless phone subscribers in the quarter, representing a 0.5% year-over-year increase and exceeding Bloomberg consensus estimates of 338,547 [2] - Additionally, AT&T gained 288,000 fiber customers, surpassing projections of 273,747, with over 41% of households using its fiber services also subscribing to mobility offerings [3] Financial Performance - Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 2.6% to $11.9 billion, exceeding forecasts of $11.77 billion [2] - Mobility revenue grew by 3.1% year-over-year, supported by stronger wireless device sales [3] Revenue Challenges - Total revenue for the quarter was $30.7 billion, falling short of analyst expectations, primarily due to ongoing weakness in the business wireline segment, which provides data, voice, and internet services through physical fiber infrastructure [4]

The data from the courts is very clear. There was an element of promotion and marketing and deals that drove it. How would you summarize it.Look, we had really strong growth, as you indicated, and we're really comfortable with our growth is, as I think you're probably aware, we've been focusing on customers that want to buy both wireless and broadband from us and where we can do that, even if it's promotional, that's a good customer to pick up because they have great lifetime values and over time they'll ch ...

Core Insights - The company has experienced strong growth, focusing on acquiring customers who want both wireless and broadband services, which are expected to have high lifetime values and lower churn rates over time [2][17] - The recent launch of the iPhone 17 has contributed to an increase in customer activity, although it is not seen as a major factor in overall performance [4][6] - The company reported its best broadband gains in eight years, with over 550,000 ads on strategic products and a net gain of over 230,000 in broadband [11][12] Customer Acquisition and Strategy - The company is effectively targeting customers through promotions, which may initially pressure average revenue per user (ARPU) but is part of a long-term strategy to grow service revenues [2][17] - There is a focus on penetrating under-served market segments, which may lead to lower initial ARPU but is expected to strengthen overall service revenue in the long run [16][17] - The company has achieved over 400,000 postpaid phone net additions, indicating competitive performance in the market [7] Market Dynamics - The industry is experiencing increased churn and ARPU pressure, but the company remains optimistic about its strategy and competitive positioning [14][15] - The holiday season is anticipated to be a peak period for the industry, with expectations of continued competitive performance [7][8] - The company is confident in its ability to maintain service revenue shares among converged customers despite market fluctuations [9]

Company Performance - AT&T Inc. reported operating revenues of $30.71 billion for its fiscal third quarter, a 1.6% increase year-over-year, but below the analyst consensus estimate of $30.87 billion [2] - Adjusted earnings per share (EPS) for AT&T stood at $0.54, which was in line with analyst expectations [2] Market Movements - Vicor Corporation shares surged 28% to $84.29 after reporting better-than-expected quarterly financial results [8] - Winnebago Industries, Inc. saw its shares increase by 24% to $39.19 following better-than-expected fourth-quarter results and FY26 guidance above estimates [8] - Beyond Meat, Inc. shares rose 101% to $7.27, driven by factors such as short interest and a distribution partnership with Walmart [8] - Arcturus Therapeutics Holdings Inc. shares plummeted 59% to $9.42 after announcing interim results from its Phase 2 clinical trial [8] - Alector, Inc. shares fell 50% to $1.6000 after announcing the discontinuation of an open-label extension and a workforce reduction of about 49% [8] - Obook Holdings Inc. experienced a decline of 37% to $12.19, likely due to post-IPO volatility [8]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Core Viewpoint - AT&T Inc. reported modest third-quarter 2025 results with strong mobility and broadband demand trends, but both adjusted earnings and revenues fell short of Zacks Consensus Estimates [1] Financial Performance - AT&T's net income on a GAAP basis was $9.28 billion or $1.29 per share, a significant improvement from a net loss of $0.23 billion or a loss of 3 cents per share in the same quarter last year, primarily due to a $5.5 billion gain from the sale of DIRECTV investments [3] - Adjusted earnings remained flat at 54 cents per share, missing the Zacks Consensus Estimate by a penny [4] - Quarterly GAAP operating revenues increased by 1.6% year over year to $30.71 billion, driven by higher Mobility service and equipment sales, but missed the consensus mark of $30.96 billion [5] Subscriber Growth and Segments - AT&T experienced solid wireless traction with 328,000 post-paid net additions, including 405,000 postpaid wireless phone additions, while postpaid churn was 1.07% [6] - Total segment operating revenues for Communications were $29.52 billion, up from $29.07 billion, with Mobility business revenues increasing by 3.1% to $21.71 billion and Consumer Wireline revenues up by 4.1% to $3.56 billion [7] - Revenues from the Mobility unit improved by 2.3% to $16.93 billion, while equipment revenues rose by 6.1% year over year to $4.79 billion [8] Cash Flow and Liquidity - For the first nine months of 2025, AT&T generated $28.96 billion in cash from operations, compared to $26.87 billion a year ago, with free cash flow for the quarter at $4.86 billion [11] - As of September 30, 2025, AT&T had $20.27 billion in cash and cash equivalents and long-term debt of $128.09 billion, with a net debt to adjusted EBITDA ratio of about 2.59X [11] Future Guidance - AT&T aims to increase efficiencies to lower operating costs while focusing on 5G and fiber-based connectivity, expecting wireless service revenues to improve by 3% or more and broadband revenues to grow in the mid to high-teens for 2025 [12] - Adjusted earnings are projected to be between $1.97 and $2.07 per share, with free cash flow expected to exceed $16 billion due to cost savings [13]

Market Overview - Pre-market futures are showing a flat trend with a slight downward bias following a record closing high for the Dow on Tuesday [1] - The Dow is down 9 points, S&P 500 is up 3 points, Nasdaq is down 38 points, and Russell 2000 is down 9 points at this hour [1] Federal Reserve Insights - Fed Governor Michael Barr is scheduled to make appearances ahead of the upcoming monetary policy decision from the FOMC [2] - Analysts are nearly unanimous in expecting a 25 basis-point rate cut next Wednesday, which would lower the Fed funds rate to a range of 3.75-4.00% [2] Q3 Earnings Reports - **AT&T (T)**: Reported Q3 earnings of 54 cents per share, missing estimates by 1 cent, with revenues of $30.71 billion, down 0.81% from estimates. Shares are down 1.6% [3] - **Thermo Fisher (TMO)**: Reported earnings of $5.79 per share, beating estimates of $5.50, with revenues of $11.12 billion, exceeding expectations by 2%. Shares are up 2% [4] - **GE Vernova (GEV)**: Reported earnings of $1.64 per share, missing the consensus of $1.78 by 7.87%, but revenues of $9.97 billion were 8.62% higher than anticipated. Shares are up 3.8% [5] - **Teck Resources (TECK)**: Reported earnings of 55 cents per share, surpassing projections by 41%, with revenues of $2.46 billion, exceeding consensus by 14.3%. This company may gain relevance due to rare earth negotiations with China [6] Upcoming Earnings Expectations - **Tesla (TSLA)**: Expected to report negative earnings per share, down 26.4% year over year, but with a 5% increase in revenues. Shares are up 9.6% year to date [7] - **IBM**: Anticipated to report earnings 6% higher and revenues up 7.57% for the quarter, with shares having gained 28% since the start of the year [9] - **Southwest Airlines (LUV)**: Facing a tough year-over-year comparison with expected earnings growth down 93% but a slight revenue increase of 1.44% [9]