Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Stock Movers: AT&T, Tesla, Intel
Stock Movers
AT&T, Tesla, Intel
On this episode of Stock Movers: - AT&T (T) shares are higher with evidence that the provider is luring customers from rivals after Verizon missed on those figures earlier in the week. AT&T reported first quarter wireless postpaid phone net adds of 324,000, topping the analyst consensus estimate of 253,528. It also reiterated its 2025 full-year guidance. - Tesla (TSLA) shares are up following yesterday's earnings miss. It's leading gains across the Mag 7 despite first quarter profit and revenue missing expectations. The positive spin is that CEO Elon Musk will spend more time working on Tesla rather than in government. - Intel (INTC) is up in premarket trading as it's set to announce plans to cut more than 20% of its staff. The move is part of a bid to streamline management under new CEO Lip-Bu Tan, who took the helm last month. The company is scheduled to report first-quarter results on Thursday, giving Tan an opportunity to lay out more of his strategy. - SAP (SAP) is up this morning after it reported first quarter profit topping estimates, as it continued to show cloud growth.
Apr 23, 2025