AT&T Inc. (NYSE:T) reported fiscal first-quarter 2024 operating revenues of $30.03 billion, down 0.4% year over year and missing the consensus of $30.54 billion.  Adjusted EPS of $0.55 beat the consensus of $0.54. The stock price gained after the print. The results reflected declines in Mobility equipment revenues, driven mainly by lower sales volumes and lower Business Wireline revenues. Also Read: Verizon’s Q1: Flat Revenue, Bump In Free Cash Flow And Stable 2024 Outlook In the Mobility segment, AT&T clocked 741 thousand million wireless net adds, including 349 thousand postpaid phone net adds.  AT&T’s Mobility segment saw a Postpaid churn of 0.89%, versus 0.99% year-ago. The Consumer Wireline segment had 252 thousand...

Steve Jobs dedicated “hour after hour” to the minutiae of product design at Apple Inc., driven by a belief of “God being in the details,” according to esteemed biographer Walter Isaacson, chronicler of some of the most influential figures in technology. This philosophy was evident in Jobs’s hands-on involvement in creating iconic Apple products. Isaacson noted how Jobs's obsession with design extended to every aspect of a product, even those components that consumers would never see. This approach wasn't just about aesthetics; for Jobs, the care put into the unseen parts of a product was a testament to the integrity and...

Buyers determined to reduce carbon emissions and save on fuel are driving America’s automakers to stake their futures on electric vehicles (EVs) dominating sales in the coming years. However, while EV sales are increasing, they are not meeting the industry's ambitious timetable to move away from combustion engines. Instead, buyers are turning to technology over a quarter-century old, the gas-electric hybrid, whose popularity continues to surge. These hybrids switch between gas and battery power to maximize efficiency. In 2023, Americans have purchased over a million hybrids, marking a 76% increase from the previous year, as reported by Edmunds.com. Here are...

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. ChargePoint Holdings, Inc....