AT&T in Sicko Mode


...some-some-some-someone said.

[PaperTrail] Can't Yelp But Wait

Thursday, September 19th | Issue No. 104

MARKET MOVES...

S&P 500: 3,006.73 +1.03 (+0.03%)

Dow Jones: 27,147.08 +36.28 (+0.13%)

Nasdaq: 8,177.39 -8.62 (-0.11%)

PRE-MARKET PLAY...

Travis Scott - "5% TINT"

IF YOU THINK YOU'RE LONELY NOW...

Wait until tonight.

That's the song AT&T (NYSE: T) is crooning to DirecTV right now as it's considering selling the subsidiary that it bought just 4 year ago.

J Alexander WTF meme

WHY THIS IS HAPPENING...

AT&T has been giving DirecTV the side-eye since it's been losing subscribers left and right to streaming services like Netflix (NASDAQ: NFLX), Amazon (NASDAQ: AMZN) Prime, and more. Investors ain't bout that life and want AT&T to focus more on improving its actual business instead of buying playing big bank take little bank and buying up other companies. Another possible option is letting DirecTV merge with Dish Network (NASDAQ: DISH) since both specialize in satellite services but big brother a.ka. regulators are probably gonna Rosa Parks that recommendation simply by saying...

"Nah."

THE RETURN...

AT&T stock is up 24% so far this year.

FOR THE NEWB IN YOU...

Not too sure what a subsidiary is? Check out Issue 87.

I GOT 5 ON IT..

Now pass the bomb back.

Target (NYSE: TGT) has been giving customers 5% back on purchases for a hot minute and it looks like Walmart (NYSE: WMT) is ready to put 5 on it as well.

Winston Duke in Jordan Peele's US

WHY THIS IS HAPPENING...

Wally World is partnering with Capital One (NYSE: COF) on a new credit card program starting next week that gives customers 5% back on purchases in-store and online. This new card will be clutch for customers as there are perks for eating out and simply just spending money which is better than the current card with Synchrony (NYSE: SYF) which offers nada. Walmart has been winning for a while now and continues to live its best life all 2019.

THE RETURN...

Walmart's stock is up 26% so far this year.

FOR THE NEWB IN YOU...

Not sure what an IPO is? Check out Issue 85.