AT&T Lower Despite Beat; GE Vernova Higher; Meme Stock Mania
On this episode of Stock Movers:- AT&T (T) is lower even though it posted an earnings beat this morning. AT&T reported second-quarter results that mostly exceeded Wall Street estimates, including faster-than-expected growth in wireless phone subscribers. The company added mobile-phone customers and picked up new customers for its "Internet Air" fixed-wireless offering, topping market expectations. Its competitor Verizon posted poor subscriber numbers earlier.- GE Vernova (GEV) is higher this morning after it forecast revenue for the full year of high end of $36 billion to $37 billion, saw $36…
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