Diamonds and Dogs

12/3/24

AT&T (T) the new tech darling, up 3% today following an upbeat outlook for 2025 and beyond for 5G and fiber expansion. The stocks also received an upgrade. The largest fiber broadband network signaled positive momentum heading into the new year. AT&T is also adding $10,000 to their share buyback plan for next year.

FedEx (FDX) is down 4% hit with a downgrade. FedEx is the world's largest express and cargo airline could get hit with some business slowdown from tariffs. FedEx is entering its busiest time of the year. Rival UPS is hiring over 100,000 seasonal workers. FedEx and UPS are expected to handle 2.2 billion deliveries and returns, delivering 85 million packages a day.

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