Tesla Rises, Boeing Gains, AT&T Up on Positive Forecast
On this episode of Stock Movers:
- Tesla (TSLA) shares rise after Elon Musk pledges to retreat “significantly” from his US government work to concentrate on the electric-vehicle company as his work with DOGE is “mostly done.”
- Boeing (BA) shares gain after reporting first-quarter results that exceeded Wall Street's estimates, with a smaller-than-expected adjusted loss per share of 49 cents. Despite challenges from global trade dislocations and tariffs, Boeing's strong start to the year and half-trillion-dollar backlog give it flexibility to navigate the environment, according to CEO Kelly Ortberg.
- AT&T (T) shares rise after the telecom company reported first-quarter results that are seen as positive. The company rolled out fresh promotional offers this year to woo new customers and keep existing ones, including a "customer guarantee" promising better network reliability and customer service.
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