Thursday, December 5, 2024

AT&T's stock is up 35% in 2024 after CEO John Stankey reversed course in 2022 and spun off Warner Bros. and DirecTV, and plans to return $40B+ to shareholders (Drew FitzGerald/Wall Street Journal)

Drew FitzGerald / Wall Street Journal:
AT&T's stock is up 35% in 2024 after CEO John Stankey reversed course in 2022 and spun off Warner Bros. and DirecTV, and plans to return $40B+ to shareholders  —  Investors have welcomed CEO John Stankey's return to boring wireless and broadband services after costly entertainment gambles



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SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remarkable that an AI developer has chip ambitions (Ian King/Bloomberg)

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