AT&T (NYSE:T) 12% free-cash-flow yield draws fire as Starlink tests pricing

AT&T Inc. closed at $21.30 Tuesday. Shares are up 0.8% over two days, even as Bernstein cut its price target 17% on Starlink risks. The company has a market cap close to $150 billion. AT&T’s latest outlook calls for at least $18 billion in free cash flow in 2026, which works out to about a 12% free-cash-flow yield and covers the current dividend around 2.3 times. Most of that is from the discount.

Space Stocks Week Ahead: Can SpaceX’s Nasdaq-100 Entry Reverse the Selloff?

Space Stocks Week Ahead: Can SpaceX’s Nasdaq-100 Entry Reverse the Selloff?

No, not on its own. Space Exploration Technologies’s rapid entry into the Nasdaq-100 has not produced a broad lift for space shares. SpaceX fell 10.3% from July 2 through Friday even though its inclusion was expected to generate about $4.3 billion of passive buying — automatic purchases by funds tracking the index. An equal-weight basket, giving each stock the same influence, of Rocket Lab, AST SpaceMobile and Planet Labs slid 16.7%. The split suggests validation is concentrating capital in the leader, not widening appetite for smaller space stocks.
NASA Eyes Supply Chain Bottleneck With Industry Call as Six-Person Moon Base May Need 26 Runs a Year

NASA Eyes Supply Chain Bottleneck With Industry Call as Six-Person Moon Base May Need 26 Runs a Year

A six-person lunar outpost operating at its lowest workload lines up with resupply every two weeks. That comes out to around 26 supply runs a year, just over NASA’s target of 25 Moon Base missions by 2029. This is just a scale comparison, not a forecast from the agency. The agent-based model here simulates digital crew members following set rules, running with a three-month baseline.
SpaceX (NASDAQ:SPCX) Starlink launch sees Falcon 9 booster used for chip tests ahead of Nasdaq-100 inclusion

SpaceX (NASDAQ:SPCX) Starlink launch sees Falcon 9 booster used for chip tests ahead of Nasdaq-100 inclusion

Space Exploration Technologies Corp. tried out a new use for its Falcon 9 during a regular Starlink launch from Florida, flying recoverable industrial payloads. The rocket took off from Space Launch Complex 40 at 6:50 a.m. EDT with 29 Starlink satellites and two Besxar Space Industries semiconductor pods loaded on the first stage. The pods rode the rocket for eight minutes and 19 seconds before returning. SpaceX confirmed Starlink deployment at 8:30 a.m. EDT, Spaceflight Now said.
AT&T faces $15.7 billion SpaceX hit as stock selloff weighs on dividend plans

AT&T faces $15.7 billion SpaceX hit as stock selloff weighs on dividend plans

AT&T Inc. traded lower before Thursday’s open, with shares at $20.48, down $0.205, or 1.0%, in premarket action. The move comes as SpaceX’s push has investors reassessing U.S. telecom risk. The core NYSE session will run from 9:30 a.m. to 4:00 p.m. ET on regular trading days, though July 3 is counted as the Independence Day observed holiday.
SpaceX (NASDAQ:SPCX) launch puts Sirius XM Holdings (NASDAQ:SIRI) cash flow to the test

SpaceX (NASDAQ:SPCX) set for $8.3 billion index demand as float stays tight

Space Exploration Technologies Corp heads into Tuesday with index demand still building up around the name, while the float remains small for a stock with a $2.16 trillion market cap. Shares settled at $164.19 on Monday, rising 7.15%. They traded at $163.30 in the premarket ahead of the 9:30 a.m. ET Nasdaq open. The Nasdaq market schedule lists July 3 as the next full closure for Independence Day, with June 30 open for trading.

US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong buy

Alphabet

NASDAQ:GOOGL 92/100 • ★★★★½
#2 Strong buy

Taiwan Semiconductor Manufacturing

NYSE:TSM 89/100 • ★★★★½
#3 Buy

S&P Global

NYSE:SPGI 88/100 • ★★★★
#4 Buy on weakness

Amazon

NASDAQ:AMZN 86/100 • ★★★★
#5 Buy on weakness

Microsoft

NASDAQ:MSFT 84/100 • ★★★★
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Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Chicago Fed National Activity Index

A surprise around the 0.10 forecast could shift the morning growth narrative and influence Treasury yields and the dollar before the opening bell.

#2

PDD Holdings earnings

The day’s largest scheduled equity report can move PDD and the broader China-internet / e-commerce complex through revenue growth, margins and Temu commentary.

#3

XPeng earnings

Deliveries, margin progression and spending on AI-enabled mobility can affect U.S.-traded Chinese EV names and related technology suppliers.

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Times and estimates may change. Verify before trading.