AT&T stock rises after $1.0 billion spectrum deal closes, with earnings next on deck

AT&T shares climbed Wednesday following a regulatory filing revealing the telecom giant finalized a $1.018 billion acquisition of spectrum assets. The deal underscores carriers' ongoing willingness to pay top dollar for airwaves as the next phase of 5G investment looms.

Earnings Reports · NASDAQ:TDS · NYSE:T · Stock Market
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Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong Buy

NVIDIA

94/100
#2 Strong Buy

Meta Platforms

89/100
#3 Buy

Alphabet

87/100
#4 Buy

Amazon

84/100
#5 Selective Buy

Microsoft

80/100
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MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

#2

Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

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