Paul and Mo from EverythingMoney dive into AT&T's recent financial performance and the challenges the company is facing. AT&T's stock is up nearly 7% as they reported better-than-expected earnings per share and revenue figures. However, we couldn't ignore the alarming amount of debt they're carrying, close to $300 billion. As interest rates rise, their debt could become a significant burden. We discussed the implications of this debt, AT&T's dividend, and whether they should consider alternative strategies like buying back shares or paying down debt. Join us as we break down AT&T's financial health, scrutinize their growth prospects, and explore what the future holds for this iconic brand.
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AT&T Stock Is Surging
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