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StockWatch: AT&T Earnings Up, but Stocks Drop!

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AT&T posted a big quarter of subscriber gains, but shares were slightly down as some questioned the company’s growth.

Intel shares fell more than 8% in extended trading on a weaker-than-expected sales report.

The company blamed an industry-wide component shortage for its PC chip business shrinking by 2% during the quarter.

What other companies will be affected by this global chip shortage?

Timestamps:

  • T 02:00
  • INTC 03:55

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