AT&T beat sales and adjusted-profit estimates, raised its yearly profit forecast, and grew internet customers. Phone additions missed expectations and net income fell after a charge, but higher cash flow and the raised forecast support a favorable read.
The higher company forecast points to continued growth in AT&T's main businesses. Fiber and bundled services also brought in more customers. Phone additions missed expectations, and net income fell after a noncash charge. Cash flow rose, and the company raised its forecast, so the favorable signs carry more weight.
SpaceX is preparing to expand Starlink Mobile, but the story gives no launch results, customer numbers, or expected sales. It does not show a clear change to SpaceX's business outlook.
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