AT&T (NYSE:T), a provider of wireless, broadband, and fixed-line telecom services, closed Thursday at $25.11, up 4.32%. The stock moved higher after analyst upgrades and a strong fourth-quarter 2025 earnings report. The company’s trading volume reached 62.3 million shares, coming in about 37% above its three-month average of 45.6 million shares. AT&T IPO'd in 1983 and has grown 547% since going public. How the markets moved today S&P 500 (SNPINDEX: ^GSPC) slipped 0.17% to 6,966, while the Nasdaq Composite ...

Core Insights - McDonald's has returned a total of $79 billion to shareholders over the past decade through dividends and buybacks, ranking 26th in history for shareholder returns [2] Shareholder Returns - Dividends and share buybacks provide immediate returns to shareholders and reflect management's confidence in financial stability and sustainable cash flows [3] - The top 10 companies by total capital returned to shareholders show an inverse correlation between capital returns as a percentage of market cap and growth expectations for reinvestments [5] Company Fundamentals - McDonald's has a revenue growth of 1.2% over the last twelve months and an average of 4.2% over the past three years [10] - The company has a free cash flow margin of 28.1% and an operating margin of 46.1% for the last twelve months [10] - The stock currently trades at a P/E ratio of 25.9 [10]

Core Insights - The article discusses the latest trends and developments in the investment banking sector, highlighting key financial metrics and market movements. Group 1: Industry Trends - The investment banking industry is experiencing a shift towards digital transformation, with firms increasingly adopting technology to enhance efficiency and client engagement [1]. - Recent data indicates a significant increase in M&A activity, with total deal value reaching $500 billion in the last quarter, marking a 20% increase year-over-year [1]. Group 2: Company Performance - A leading investment bank reported a 15% rise in quarterly revenues, driven by strong performance in advisory services and capital markets [1]. - The bank's net income for the quarter was $1.2 billion, reflecting a 10% increase compared to the previous year [1].

Ecosystem & Strategic Investment - OpenledgerHQ is actively fostering its ecosystem through buybacks and attracting quality organizations [1] - NetMarble (@MARBLEXofficial), a Korea Public Company, has made a strategic investment, signaling the ecosystem's viability [1] - Marblex's investment demonstrates confidence in Open's ecosystem token and its potential [2] AI & Data Ownership - Open focuses on verifiable AI and rewarding users for their data, positioning itself in a promising sector [2] - The industry recognizes the significance of AI's future and blockchain-verifiable data [2] - Open is strategically targeting the Eastern audience, a market often overlooked [2] Traditional Finance & Crypto - Marblex, as a publicly traded company, indicates traditional finance's growing interest in crypto as an investment vehicle [3] - The investment in Open is a bet on AI, data ownership, and the long-term growth of the industry [3]

Financial Performance - Sky Protocol's annualized net profit reached $168 million, a 24.4% year-over-year increase [1] - Operating expenses decreased by 61.5% [1] Stablecoin Performance - USDS stablecoin supply increased by 86% [1] Capital Allocation - Buybacks increased significantly from $367 thousand to $92.2 million [1]

hyperliquid burns $103m monthly in buybacks but unlocks dump $270m. the math breaks at 38% absorption rate. lighter and aster launching during this exact window isn't luck, it's calculated. hype needs 2.6x revenue growth to match dilution. competitors need zero revenue to steal users bleeding from unlock fatigue. the siege works because hyperliquid can't deploy token incentives without accelerating their own death spiral ...

Group 1 - The S&P 500 index increased by 0.1% and the Nasdaq composite rose by 0.2% on Thursday, supported by economic data suggesting an interest-rate cut may be imminent [1] - Small-cap stocks are nearing all-time highs, indicating strong market performance despite major indexes pausing [2] - Key inflation data is expected to be released on Friday, which will be crucial for Wall Street's assessment of the interest-rate outlook [1] Group 2 - Small caps are leading the market, outperforming large caps, with notable stocks like Eli Lilly and Robinhood being highlighted [4] - The current market season is characterized by a focus on stock buybacks, which may influence investment strategies [4] - New AI stocks are gaining attention from top funds, indicating a shift in investment interest towards emerging technologies [4]

Buyback Analysis - Raydium, Pumpfun, and XBorg exhibit the largest buybacks relative to circulating supply [1] - Hyperliquid, Jupiter, and Kaito follow Raydium, Pumpfun and XBorg in buyback size relative to circulating supply [1] - Buybacks are viewed as a method to distribute business profits to token holders [1] - Projects generally fund buybacks using business revenue [1] Market Perspective - Smaller market cap projects like XBorg are also implementing buybacks [1] - Token buybacks represent a positive shift in the market [1] - Previously, tokens were primarily governance or memecoins [1] - Teams often avoid linking revenue to tokens due to valuation implications [1] - Projects implementing buybacks are likely to be valuable [1]

Financial Performance - Hyperliquid generates $3 million daily fees [1] - Protocol buybacks outpacing unlock sells is the entire trade [1] - $1 billion annualized revenue at 12x P/E with no VC overhang [1] Market Dynamics - 99% of daily fees go to open market hype buybacks [1] - $344 million unlock absorbed with 0.41% decline [1] - Assistance fund bought $2.63 million daily through November [1]

https://t.co/31ZmEI0BSv generated $1b in cumulative revenue and bought back $100m+ of tokens in 3 months. token still down 67% from ath. buybacks that don't burn just delay the inevitable. they're sitting on $1.7b cash reserves trading at $1.55b market cap because the market knows revenue from 90% of users losing money has an expiration date. when your daily revenue drops 93% in 9 months no amount of non-burning buybacks can save you. ...