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Bloomberg

US 30-Year Yield Raises Alarm in Longest Run Above 5% Since 2007

The US 30-year bond yield is trading above 5% for the longest stretch since the dawn of the financial crisis, echoing investor concerns about a growing debt pile and sticky inflation.  Tony Crescenzi, Executive VP, Market Strategist, and Generalist Portfolio Manager at PIMCO discusses what he's seeing in bonds.

Leia mais: US 30-Year Yield Raises Alarm in Longest Run Above 5% Since 2007
Bloomberg

AT&T Gains on Earnings; Reddit Falls on Google Content Use Limitation | Stock Movers

On this episode of Stock Movers: - Super Micro Computer (SMCI) shares jumped after the company issued a business update that included raising its fourth-quarter gross margins outlook and saying the backlog was at a record. - AT&T (T) is gaining after the telecom company reported second-quarter results that beat expectations on key metrics, including wireless postpaid phone net adds and adjusted earnings. - Reddit (RDDT) shares are lower after the Wall Street Journal reported that the social forum company has discussed cutting off Google's access to its content for AI use.

Leia mais: AT&T Gains on Earnings; Reddit Falls on Google Content Use Limitation | Stock Movers
Bloomberg

AT&T CEO on Earnings, Mobile Subscriber Gains, AI

AT&T CEO John Stankey discusses second-quarter results that added more monthly wireless phone subscribers than analysts expected. Stankey says he's "pretty confident we can keep that moving going forward" as he discusses the results, the competitive landscape in wireless and broadband technologies, and the company's use of AI.

Leia mais: AT&T CEO on Earnings, Mobile Subscriber Gains, AI