Topic: telecom

Analysts HSBC raise earnings estimates for Netflix (NFLX) and T-Mobile (TMUS) despite declining share prices

Wall Street analysts are increasing earnings estimates for several stocks despite recent declines in their share prices, indicating potentially attractive valuations as the second-quarter earnings season approaches. This trend highlights opportunities in sectors with strong earnings visibility, particularly in energy and technology.

Analysts Oppenheimer downgraded AT&T (T) to Perform due to competition from SpaceX’s upcoming IPO and satellite broadband threat

Oppenheimer's downgrade of AT&T reflects growing concerns about competition from satellite internet providers like SpaceX's Starlink, which could disrupt traditional broadband markets. This shift may pose significant risks for AT&T and similar companies as regulatory support for satellite technology increases.