Morning Bid: Yen on the brink, but Tesla pulls back [Yahoo! Finance]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Yahoo! Finance
Investors were encouraged by Tesla's promises of new models next year, which sent the electric vehicle maker's shares soaring 13% in after-hours trade, even as its results showed profit, revenue and revenue-per-vehicle fell. Tesla's shares have had a torrid 2024, having fallen 42%. An inflation surprise in Australia lifted the Aussie back to its 200-day moving average on the dollar. But the yen is unloved at 34-year lows, leaving markets on their highest alert for intervention since 2022. Then, the Japanese government sold about $20 billion in a few hours after a dovish Bank of Japan meeting, and traders see the risk of a repeat. Japan is in unfamiliar inflationary territory. The BOJ, the modern pioneer of quantitative easing, is just as alone in the journey back. It grew its balance sheet bigger than the Japanese economy and owns half the government bond market. Governor Kazuo Ueda has said he will raise rates if inflation accelerates, but markets are expecting caution and
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News
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- AT&T Turbo will boost your service for $7 per month [Verge, The]Verge, The
- CJ Cup Byron Nelson's title sponsor brings new flavor to a beloved local institution [USA TODAY]USA TODAY
T
Earnings
- 4/24/24 - Beat
T
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- T's page on the SEC website